2023 To See China, India EV Sales Go Beyond 10 Million For First Time Updated On Thu, Sep 21st, 2023 by Saurenergy 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 […] Read more
50% Of India’s 3-Wheeler Registrations In 2022 Were Electric, Says IEA Report Updated On Thu, Apr 27th, 2023 by Saurenergy A latest global report on Electric Vehicles (EVs) by the International Energy Agency (IEA) claimed that around half of India’s three-wheeler registrations in 2022 were electric, hinting at the increased penetration of electric mobility in the country. The report said that sales of electric 3-wheelers in both passenger and cargo segments touched 4,25,000 units in 2022. […] Read more
New Financing Association Forms Platform for FIIs that Finance EVs Updated On Thu, Sep 8th, 2022 by Saurenergy A group of financiers that are actively financing electric vehicles have joined hands to launch an association, Electric Mobility Financiers Association of India (EMFAI). EMFAI will prove to be a common platform for all the financial institutions involved in financing electric vehicles and other products as well as services relevant to the ecosystem. The association […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
90% of Indian Consumers Are Willing to Pay Premium For an EV Updated On Tue, Jul 27th, 2021 by Saurenergy In a recent survey by a consultancy firm EY, it has been estimated that global electric vehicle (EV) sales are expected to boom in the coming 12 months, according to the latest EY Mobility Consumer Index (MCI). A survey of more than 9,000 respondents from 13 countries, including 1,000 respondents from India, also found that […] Read more
India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA Updated On Wed, Dec 23rd, 2020 by Saurenergy In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […] Read more
Share of EV Sales in Europe Increased During COVID-19 Impacted Q2 Updated On Fri, Sep 4th, 2020 by Saurenergy In Q2 2020, the market share of EV increased to 7.2 percent of total car sales in Europe, compared to a 2.4 percent share during the same period last year. In the second quarter (Q2) of 2020, the market share of electric vehicles (EV) increased to 7.2 percent of total car sales in Europe, compared […] Read more
Government Allows Sale and Registration of EVs Without Batteries Updated On Fri, Aug 14th, 2020 by Saurenergy The Ministry of Road Transport and Highways (MoRTH), Government of India, has allowed for the registration of EVs without pre-fitted batteries The Ministry of Road Transport and Highways (MoRTH), Government of India, has allowed for the sale and registration of electric vehicles (EVs) without pre-fitted batteries. In a letter to Transport Secretaries of all the […] Read more
EV Sales Rise with Implementation of Stringent Emission Norms: Frost & Sullivan Updated On Thu, Jun 18th, 2020 by Saurenergy EV sales will be driven by the implementation of stringent emission norms across countries and global policies favouring the adoption of electric vehicles Frost & Sullivan’s recent analysis, Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9 percent in […] Read more
