electric vehicle sales

Last Updated: June 29, 2023, 19:10 ISTOla Electric Scooters (Photo: Ola Electric)Overall in June 2023, the sales of electric two-wheelers dropped month-by-month to 61 percent. However, the electric vehicle manufacturers are optimisticThe FAME 2 subsidy on electric vehicles, was recently slashed by the government. This has led to a steep increase in the prices of electric two-wheelers.The registration of e-scooters has dropped to the lowest in 16 months in June 2023 as reported by Vahan data.The Vahan vehicle registration…

Nikola said on Friday it would lay off a total of 270 employees, as the electric-truck maker looks to cut costs and sharpen its focus on the North American marketplace.Several firms have narrowed their focus on core markets after the U.S. Federal Reserve's monetary policy tightening created tough economic conditions and prompted a rethink. Nikola is involved in a dispute with its founder and top shareholder Trevor Milton, who has called for a change in leadership and urged other investors to vote against the company's…

Mumbai: The next fiscal is expected to see electric vehicle (EV) sales crossing the 2 million mark if current trends continue, experts said. A significant incentive amount is yet to be disbursed under the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II programme set to end at the end of the next fiscal and will add to the momentum across segments in FY24, they said.Retail sales of EVs have already crossed 1.11 million units this fiscal year, accounting for more than 5% of total automobile sales and…

Published By: Paras YadavLast Updated: March 07, 2023, 10:05 ISTImage used for representation. (Photo: PTI)Tesla's Model Y remained the best-selling model globally followed by China-based BYD's Song modelThe global passenger electric vehicle (EV) sales rose by 53 percent (year-on-year) in Q4 2022 to bring the year’s total to over 10.2 million (more than 1.2 crore) units, a report showed on Monday.Tesla’s Model Y remained the best-selling model globally followed by China-based BYD’s Song model.During Q4 2022, battery EVs…

Last Updated: February 14, 2023, 15:54 ISTHyundai Ioniq 5 (Photo: Paras Yadav/ News18.com)Strong demand for the Hyundai IONIQ 5, the Kia EV6 and the Genesis GV60 drove the auto group's EV sales in the USHyundai Motor Group’s accumulated electric vehicle (EV) sales in the United States exceeded 1,00,000 units last month, industry sources said on Monday.Hyundai Motor, its independent Genesis brand and Hyundai’s smaller affiliate Kia Corp. had sold a cumulative 104,326 EVs in the U.S. market as of the end of January, an…

The Ministry of Road Transport and Highways (MoRTH) has squashed rumours of electric two-wheeler sales being banned in India. This comes after reports appeared online claiming that the Government of India has asked electric vehicle (EV) makers of two-wheelers to suspend their upcoming launches. It was being said that this decision had come after the Ministry held a meeting in Delhi and was said to want more time to set up a body to investigate electric vehicle fire incidents. However, all of this has been declared false…