October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
Category: US Motoring Press
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
EV sales in India scale new high: 217,000 units in October, up 55%
October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%
Top End Vehicles drive Mercedes Benz India revenues to over Rs 12,000 crore in FY24
Sustained growth in the high-end expensive car market has helped Mercedes-Benz, India’s largest luxury car market, to record revenues of ₹12,000 crore in FY24, for the second consecutive year. Yet, escalating raw material costs cast a shadow over this triumph, eroding net income by 40%, as detailed in the company’s annual report filed with the… Continue reading Top End Vehicles drive Mercedes Benz India revenues to over Rs 12,000 crore in FY24
Tata Motors’ sales in October remains stable
Tata Motors Ltd reported total sales of 82,682 units across domestic and international markets, a minor decrease from 82,954 units in October 2023. The company recorded 34,259 commercial vehicle sales in October, matching last year’s sales volume. Domestic sales of commercial vehicles totaled 32,708 units, marking a 1% increase year-over-year. The heavy commercial vehicle (HCV)… Continue reading Tata Motors’ sales in October remains stable
Oben Electric set to launch Rorr EZ electric motorcycle focusing on Urban use
Oben Electric, an Indian electric vehicle manufacturer, has released a teaser for its upcoming electric motorcycle, the Rorr EZ, which will launch on November 7, 2024. Positioned to meet the needs of daily commuters, the Rorr EZ aims to enhance the electric mobility experience with a focus on convenience, design, performance, and comfort. While specific… Continue reading Oben Electric set to launch Rorr EZ electric motorcycle focusing on Urban use
Itaru Otani appointed as Chairman of Yamaha Motor India Group
Otani joins with more than 30 years of experience with Yamaha Motor Company, where he has held leadership roles across several international markets, including Australia, Brazil, and Japan. His background spans Sales, Marketing, and Corporate Strategy, with a focus on Motorcycle Business Operations, which has contributed to Yamaha’s global presence. Most recently, he served as… Continue reading Itaru Otani appointed as Chairman of Yamaha Motor India Group
Mahindra achieves record tractor sales in October
Mahindra & Mahindra Ltd.’s Farm Equipment sector achieved its highest-ever domestic tractor sales, delivering 64,326 units in October 2024. The figures represent a 30% growth compared to October 2023, when the company sold 49,336 units. The company’s total sales, including exports, reached 65,453 units against 50,460 units in the same period last year. Export figures… Continue reading Mahindra achieves record tractor sales in October