As published in Economic Times With clean environment and sustainable development constituting a pressing priority for governments across the globe today, exploring of low-carbon mobility options has certainly been a significant part of those priority lists. And the Indian government has been no different. So far, among a range of low-carbon mobility options that exist, EVs perhaps are turning out to be the most practicable alternative in terms...
The global market for electric vehicles (EVs) 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 sales surpassed 1 million units making a record jump of 206%-year growth over 2021. According to experts, the Indian automobile industry ranks 5th in the global market and is projected to overtake the US...
The world is moving towards sustainable energy, and electric vehicles (EVs) are playing a critical role in achieving that goal. Electric vehicles run on electricity instead of fossil fuels like petrol and diesel. These vehicles have become increasingly popular worldwide because they are eco-friendly and cost-effective in the long run. Electric vehicles (EVs) are emerging as the future of transportation, offering a cleaner, more...