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Why Are Electric Vehicles Taking Over the World? Electric vehicles (EVs) are gaining popularity across the world as more people are becoming aware of the benefits they offer over traditional gasoline-powered vehicles. EVs are not only environmentally friendly, but Read more…
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The electric vehicle industry is relatively new and there are many different segments and niches within the industry. This provides entrepreneurs with a wide range of opportunities to enter the market at different levels of investment and risk. For example, Read more…
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The global market for electric cars is rapidly growing. In India, the number of electric vehicles on the road has increased from 4.2% in 2020 to 8.3% in 2021, totaling 6.75 million vehicles. In 2022, for the first time, EV Read more…
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Electric vehicles (EVs) are becoming more popular as the world moves towards sustainable energy and cleaner transportation. People are nowadays exploring new ways to reduce their carbon footprint and save on fuel costs. As a result, the demand for EV Read more…
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India is actively working towards building sustainable mobility and has set a target of 30% EV sales by 2030. And to achieve this, the government has launched subsidy schemes, incentives, and tax rebates. For the last many years, India has Read more…
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Electric vehicles (EVs) are the future of the automobile industry that will reduce the cost of travelling and create a positive impact on the planet. At present, transport is one of the significant contributors to air pollution and with electric Read more…
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Technology has simplified the lives of humans for centuries. The automobile industry is one such domain that got complete transformation with the advancement of technology. Started with steam-powered vehicles, then petrol/diesel engine vehicles, CNG and hybrid, and now electric vehicles Read more…
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India is one of the fastest growing economies and has shown a strong linkage between growth in vehicular population and the income of households. Over the years, various studies have been conducted to establish a relationship between income and the Read more…
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Electric vehicles have been a topic of discussion for years, but only in recent years have they started to gain traction and make a real impact on the automotive industry. EVs produce zero tailpipe emissions and help reduce air pollution, Read more…
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The electric vehicle market continues to grow in India as people are gradually adopting cost-efficient and environment-friendly modes of transportation. In 2022, more than one million EVs were sold in India, which will increase to around 14 million annually by Read more…
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India has seen a surge in electric vehicles in recent years. According to research, the EV industry will cover 30% market of the automobile industry by 2030. EVs are the future of mobility, and the government is taking necessary steps Read more…