India’s EV sector hit a milestone in FY2025 with 20 lakh annual sales and 61.65 lakh cumulative EVs, led by two-wheelers at nearly 60%. Three-wheelers and cars grew steadily, while e-bus sales dipped slightly. Adoption is expanding beyond metros, with Bihar entering the top five states. Key growth drivers include...
India’s electric vehicle (EV) manufacturing landscape has undergone significant growth and transformation in recent years. Fueled by government initiatives, technological advancements, and a growing environmental consciousness. As India strives to reduce emissions and enhance energy security, the EV manufacturing landscape is emerging as a pivotal force in shaping the future...
Electric vehicles have seen a stupendous 3x rise in sales in the previous fiscal, but sales are dominated by two and three wheelers, and still a small fraction of the total addressable market. However, with signs of consumer behaviour change, aggressive expansion by industry players and an overall push to...
COVID-19 is expected to greatly decelerate the progress of the automotive industry towards electric vehicles. But India can also view the pandemic as an opportunity to reassess its strategic approach towards a dynamic & sustainable EV ecosystem. From people sitting in their homes for months (& therefore, hardly any need...
As ‘planet consciousness’ and ‘economic prudence’ became buzzwords across the world over the past few years, there has been a visible rise in prominence of the shared economy – preferring access and experience to ownership. Consequently, new forms of shared mobility became the lifelines of transportation networks of bustling cities....
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