Global EV Market On Track To Top 40% By 2030: IEA Updated On Wed, May 21st, 2025 by Saurenergy The global market for electric vehicles is on course to exceed 40 percent of all car sales by 2030, despite economic uncertainties, the International Energy Agency (IEA) said in a report released Tuesday. EVs are becoming increasingly affordable in more markets, the IEA noted in its annual Global EV Outlook. China remained the dominant force, […] Read more
India’s Renewable Energy Sector Sees Surge In FDI: CEEW Updated On Thu, May 8th, 2025 by Saurenergy India’s renewable energy sector accounted for nearly 8 percent of total foreign direct investment (FDI) inflows in the financial year 2024-25, up from about 1 percent in FY21. The trend was revealed in the latest Market Handbook released by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC). The sector attracted USD 3.4 […] Read more
Two-Wheeler EV Market Surge To 9.12% First Time: FADA. Updated On Wed, Apr 10th, 2024 by Saurenergy The Federation of Automobile Dealers Association (FADA) in its report identified a surge in electric vehicle sales. The report identified a notable increase in the two-wheeler electric vehicle (EV) market share. The EV market received a jump to 9.12% for the first time according to FADA. The 2024 vehicle data on the challenges faced by […] Read more
Five Trends Which Can Shape Lithium-Ion Market In 2024 Updated On Fri, Feb 2nd, 2024 by Saurenergy The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzie’s ‘Lithium: Five things to watch in 2024’ report. It stated, “While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing market, subdued electric […] Read more
Electric Vehicle Sales In Delhi Touch 19.5% In December: Minister Updated On Wed, Jan 3rd, 2024 by Saurenergy Delhi Transport Minister Kailash Gahlot said that the national capital recorded a massive 19.5 percent sales of Electric Vehicles (EVs) in December 2023. He said that it was the highest growth in any Indian state. He shared the information on his official social media handle. “Delhi records a massive 19.5% EV sales of the overall […] Read more
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
