Vehicle registration count is a proxy for retail sales. It touched 111,964 units for electric two-wheelers on March 29 - the highest for any month - according to data from Vahan, the government s repository of all vehicle registrations in India. The previous monthly high was 105,389 units in May 2023, when consumers had brought forward their purchase plans to avoid paying more due to a reduction in government subsidy from June.
Following the cut in subsidies on E2Ws in May, volumes plunged from 1,05,527 units in the same month to 46,057 in June. In the following months, volumes slowly started rising
Ola Electric Registers Over 400 Percent YoY Growth in August, Ola Electric registered a total of 19,000 units in August 2023, a growth of over 400% from the 3,600 units it registered in August 2022 and more Full Detail Here at news18.com
Four types of EVs are available in the market: Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle, and Fuel Cell Electric Vehicle. For any electric vehicle, the critical component, apart from battery and onboard charger, is the motor. In this article, ETAuto explores the science behind electric motors.
Greaves Electric Mobility Pvt Ltd,the e-mobility business of Greaves Cotton Ltd, has entered into an agreement with Bike Bazaar Finance, an RBI-registered nonbanking finance company that specialises in retail financing of Pre-Owned & New-vehicles.