The report remains bullish in FY2023 and expects India’s passenger EV sales to increase by 64.1 per cent yo-y to reach nearly 80,000 units sold annually and a passenger EV penetration rate of 1.9 per cent.
Over the long term, the development of a local EV supply chain (mining, refining and cell production) will set the pace of EV adoption in India. However, this will give the local industry time to develop the required skill base to support higher value add manufacturing such as EV batteries and electronics.
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Balewadi Real Estate Soars: Kunal Group's canary residency breaks sales records
The newly launched tower at The Canary Residency is an epitome of luxury residential living, featuring spacious 3 and 4 BHK apartments within a 30-storey high-rise.
Delhi Police arrest mastermind of GTB Hospital murder case
The Delhi Police Crime Branch has successfully apprehended a key figure involved in the notorious GTB Hospital Murder Case, marking a significant development in an ongoing investigation.
Two chain snatchers nabbed by Police in anti-roberry operation
Additional teams from nearby police stations were promptly notified. The team of special cell of the Delhi police suspected the bikers and started chasing them.
Step into the magical world of Nav Rasas with Shalini Modi's Rasas in Divine Relationships
The grand launch event for Shalini Modi's \"Rasas in Divine Relationships\" took place with great excitement at the India International Centre in Delhi.
Mayor postpones standing committee election till Oct 5
The commotion began when councillors were prohibited from bringing mobile phones into the House before the election.
ED files reply to Satyendar Jain's bail plea, hearing next week
The Enforcement Directorate (ED) on Wednesday filed a reply to bail plea of former Delhi Health Minister Satyendar Jain in a money laundering case.
Police nabs four accused wanted in a case of physical and sexual assault
In a successful operation, Delhi Police arrested four accused wanted in a case of physical and sexual assault.
Minor arrested for threatening to blow up Axis Bank
In a shocking incident from Vikaspuri, a minor was arrested after threatening to blow up an Axis Bank and demanding Rs 10 lakh from the bank manager.
JIO-BP LAUNCHES 500TH EV CHARGING STATION, EXPANDS TO 5,000 POINTS IN INDIA
A nant Mukesh Ambani, Director of Reliance Industries Limited (RIL), and Murray Auchincloss, CEO of bp, jointly inaugurated Jio-bp's 500th EV charging station, part of the fuels and mobility joint venture between RIL and bp.
Karnataka's Shivakumar: KWIN city to be a holistic development
Karnataka's Deputy Chief Minister and Bengaluru Development Minister, DK Shivakumar, announced a significant initiative aimed at redefining urban living in the state.
