The number of fossil fuel-based vehicles sold for every electric vehicle (EV) in the two-wheeler and light motor vehicle categories has fallen in 2024, compared with last year, a positive indicator for the EV ecosystem in the country.
As per data from the government's Vahan portal, over 16.8 million petrol two-wheelers were sold till date in 2024. In the same period, 1.12 million electric two-wheelers were sold, indicating that for every electric unit sold, consumers purchased 15 petrol bikes or scooters.
This marks a sharp decline from 2023's 18.43 petrol two-wheelers sold per electric two-wheeler sale, with 15.85 million petrol bikes and 860,000 EV bikes, as per Vahan data.
In 2022, for every electric two-wheeler sold, consumers purchased 23.70 petrol bikes and scooters, the data showed.
Mint observed the same trend for four-wheeler sales.
Bu hikaye Mint Ahmedabad dergisinin December 24, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Ahmedabad dergisinin December 24, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Deepak Chopra's latest vision: Integrating AI & well-being
Indian-American author & new-age guru Deepak Chopra is optimistic about the power of AI in enabling personal growth
What's going on your action board for 2025?
Action boards help break down your bigger aspirations into achievable goals
Combatting compassion fatigue with self-care
For people in jobs that require them to be in the front lines of a crisis, vicarious trauma is normal. Surviving it requires conscious care
AI robots are on their way and they're likely to be Asian made
Artificial intelligence is breathing new life into robotics in Asia
Piketty's tax advice for India should provoke thought
The country all but embraced Reaganomics but it may be time to address worsening inequality
The education imperative: May Parliament rise to the challenge
A country can't prosper if too many children are left behind and it's for our parliamentarians to transform this grim reality
Cash transfers must not lead states to fiscal ruin
A political imperative amid hard times for multitudes could turn into a race to the bottom. If cash handouts are inevitable, such schemes need to be studied in depth and designed well
Too many outcome shapers are too distant from ground realities
The ivory tower is all too real. It explains a key deficiency in well-intentioned but useless analysis
We need more sectors to become reliable dollar earners
India must tap new export opportunities, especially in service sectors like tourism and education
BUDGET WISHLIST: GREEN PERKS, TAX BREAKS, REFORMS
With a new income tax law in the works, it is an opportune time for unified tax regime