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
Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie Updated On Thu, Feb 13th, 2020 by Saurenergy The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The […] Read more
