In the E2W space, Ola Electric (Ola) remained the market leader by volume and gained market share, reaching 40 per cent. Ola gained the most market share, followed by Bajaj Auto while TVS Motor lost the most, according to BNP Paribas India EV report.
The Union Road Transport and Highways minister asserted that India has the potential to become number 1 EV maker in the world and the government is committed to making India a self-reliant country in clean energy production and mass application.
The Union Road Transport and Highways minister asserted that India has the potential to become number 1 EV maker in the world and the government is committed to making India a self-reliant country in clean energy production and mass application.
India saw 120 per cent growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400 per cent surge in hybrid vehicles, a report showed. The surge in EV adoption was driven by the introduction of new affordable models, including, for instance, MG Comet EV from MG Motors.
Tata Motors is also the only automaker to offer an EV option for hatchback, sedan and SUV buyers in India in the form of Tiago.ev, Tigor EV and Nexon EV.