Updated On Jan 3, 2025 at 08:20 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals As many as 25,202 public charging stations for EVs have been installed in the country to date. New Delhi: A total of 16.15 lakh electric vehicles (EVs) have been incentivised under the Faster Adoption and Manufacturing… Continue reading 16.15 lakh EVs incentivised under FAME-II scheme: Centre
Author: Economic Times of India Online News
Maharashtra sees 12.32% rise in new vehicle registrations in 2024
Maharashtra Transport Commissioner Vivek Bhimanwar told PTI that they have to frequently open new vehicle registration series at Pune RTO due to high registrations. More than 28 lakh new vehicles were registered in Maharashtra in 2024, a 12.32% increase from 25.63 lakh registrations in 2023, as per official data. Overall, 28.79 lakh vehicles were registered,… Continue reading Maharashtra sees 12.32% rise in new vehicle registrations in 2024
Eicher Motors shares jump 7%, hits 52-week high after strong Royal Enfield sales in December
For the first nine months of the current financial year, Eicher Motors’ sales volumes for Royal Enfield have grown by 6% to 7,27,077 units, compared to 6,85,059 lakh units sold during the same period last year. Shares of Eicher Motors, the maker of Royal Enfield motorcycles, jumped 7% to hit a 52-week high of INR… Continue reading Eicher Motors shares jump 7%, hits 52-week high after strong Royal Enfield sales in December
MP chairs transport sub-panel meet to address UT urban mobility challenges
The chairman dismissed the suggestion of implementing a congestion tax on external vehicles, stating it was unsuitable for Indian conditions, drawing a distinction between Chandigarh and Central London. Chandigarh MP Manish Tewari chaired a transport sub-committee meeting on Tuesday, focusing on paid parking concerns in commercial and residential zones. The committee reviewed a pilot parking… Continue reading MP chairs transport sub-panel meet to address UT urban mobility challenges
Tata Motors shares jump 2% on December sales numbers
The company gave the updates after market hours on Wednesday, January 1 and Tata Motors counter settled at INR 749.25 on the NSE, up by INR 8.55 or 1.15%. Shares of Tata Motors jumped 2% to their day’s high of INR 765 on the BSE on Thursday as the company reported a 1% year-on-year growth… Continue reading Tata Motors shares jump 2% on December sales numbers
5 minutes to charge an EV? That’s where China is winning the race against mighty U.S and Tesla
Pretty recent innovations include the Chinese startup Zeekr’s new batteries which can charge from 10% to 80% in just over 10 minutes. The electric vehicle (EV) revolution is poised for a significant transformation as advancements in battery technology promise to drastically reduce charging times. According to Business Insider, currently, lengthy charging durations are a major… Continue reading 5 minutes to charge an EV? That’s where China is winning the race against mighty U.S and Tesla
Over 7 lakh new set of wheels added to capital roads in 2024
Two-wheelers maintained their market dominance with 4,48,767 units, accounting for more than half of the total vehicle sales. Delhi witnessed a slight upward trend in vehicle registrations in 2024 compared to 2023. It saw the registration of 7,09,024 vehicles in 2024 – a 7.8% increase – against 6,57,954 in 2023. The data reveals the recovery… Continue reading Over 7 lakh new set of wheels added to capital roads in 2024
Slight reprieve for rupee likely as Asian peers recover
Last Friday, when the rupee dropped to an all-time low of 85.80-85.81, the Reserve Bank of India intervened quite aggressively. The Indian rupee could find some relief on Thursday as most of its Asian peers ticked higher and with the currency near levels at which the central bank had intervened aggressively. The 1-month non-deliverable forward… Continue reading Slight reprieve for rupee likely as Asian peers recover
Tata Motors reports marginal increase at 76,599 units in December 2024 sales
Updated On Jan 2, 2025 at 08:39 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Curvv.ev Tata Motors reported its third-quarter fiscal year 2025 (Q3 FY25) sales figures on January 1, 2025. The company saw overall growth of nearly 1% year-over-year, driven by a slight increase in passenger vehicle (PV) sales… Continue reading Tata Motors reports marginal increase at 76,599 units in December 2024 sales
Mahindra & Mahindra reports 18% surge in December 2024 auto sales at 41,424 units
Updated On Jan 1, 2025 at 12:17 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Mahindra Scorpio NLine Mahindra & Mahindra (M&M Ltd.) reported a 16% rise in overall sales for December 2024, reaching 69,768 units. This growth was driven by strong performance in both the utility vehicle and commercial vehicle… Continue reading Mahindra & Mahindra reports 18% surge in December 2024 auto sales at 41,424 units