EV market

Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand

The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […]

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Electric Vehicle Demand in India More Than Doubled in the Last 3 Years

In a written reply to a question on electric vehicles (EVs) in the Lok Sabha, Minister of State for Heavy Industries Arjun Ram Meghwal said that the number of registered EVs as per the e-Vahan portal during the last three years has seen a consistent increase. As against 69,012 units of EVs sold in India […]

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India to Come out With Advanced Battery Technologies for EVs: Nitin Gadkari

Union minister Nitin Gadkari has said that the government will adopt an integrated approach and come out with a policy to make India self-reliant in the area of advanced battery technologies to power electric vehicles (EVs) and other applications. Diving in an integrated approach for developing indigenous fuel cells in the field of EVs, the […]

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