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RMI Predicts Increase In EV Car Sales By 10% In Six Years

The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled “X Car Charge: The […]

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Tata Power, Assam Government Sign MoU For EV Charging Network in Guwahati

Tata Power, is collaborating with the Assam Government, to improve the electric vehicle ecosystem in India. As part of this initiative, Tata Power is expected to deploy a network of 10 advanced EV chargers across 10 locations as a pilot within the city.  The partnership between EV Charging Solutions Limited (TPEVCSL), a Tata Power Group […]

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2023 To See China, India EV Sales Go Beyond 10 Million For First Time

Even as industry celebrated crossing the 1 million EV sales mark in India by September, the global leader, China is expected to surpass 10 million new energy vehicle sales this year, according to a recent report. EVs accounted for 6.4 per cent of the total automobile sales in the country this year, with two wheelers […]

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Delhi Reports Highest Penetration Of Electric Buses In India

The latest data from the newly launched Clean Mobility Shift dashboard claimed that Delhi is spearheading the race to adopt electric buses nationwide. The latest sales figures in 2023 claimed that Delhi witnessed the sales of 442 electric buses this year, the highest by any Indian state/UT.  Moreover, in terms of penetration of electric buses, Delhi leads in […]

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Regional Sales Manager – Aftermarket Compressor (Steel & Metals)

The Regional Sales Manager shall drive business growth and profitability for Compressors After Market Segment within the region which comprises mainly Spares, Retrofits, Services / Annual Maintenance Contracts / Long Term Service Agreements, Repairs and digital solution (Uptime) Proactive management of the customer base to obtain customer RFQ’s, to position Howden as a preferred supplier […]

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Ola Electric Recorded Sales of Rs 373 Cr in Fy22, Even as Losses Rose 4X

Market leader Ola Electric has finally filed its Fy22 numbers a year behind schedule. And the numbers don’t make for pleasant reading, if you are an accountant. However, with it’s leadership in the 2 wheeler segment well entrenched for now, the firm will be expected to report a stronger set of numbers for FY23, as […]

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Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth

Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […]

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Japan’s Proterial Develops Prototype EV Motor Without Neodymium Magnets

Japanese metal maker Proterial has recently developed a prototype motor for electric vehicles that use magnets that do not contain the rare-earth metal neodymium. Neodymium magnets are the most common type of magnets currently employed in EV motors. However, this rare earth metal is chiefly sourced from China, because of which a stable procurement has […]

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MG Motors Witnesses A 21% Growth In Sales In First Half of 2023

British automobile company MG Motors announced selling 29,000 cars in India in the first half of 2023. With this, the firm claimed to have registered a growth of 21 percent on a Year-on-Year (YoY) basis.  It was in contrast to the total sales of its cars in the first half of 2022. During the first […]

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