Sales of EVs is on a growth path, led by the two-wheeler segment. Penetration of electric two-wheelers in the overall two-wheeler sales increased to about 5% in FY23, though the pace of adoption has slowed over the past few months owing to the reduction in subsidy. To offset the vehicle cost hike owing to reduction in subsidy, electric two wheeler OEMs recently introduced de-spec versions of their existing electric scooters.
The EV-Ready India Dashboard, launched on Monday by R K Singh, Union Minister of Power, New and Renewable Energy, is an interactive tool that allows one to track, analyse, and display key performance indicators and metrics for growth of EVs in the country. A free to access platform, it is developed by the Ola Mobility Institute (OMI) Foundation, a policy research and social think tank.
Far away from similarities with the existing iQube, X is built on a new platform. Loaded with a host of connectivity and features, TVS X gives the touch and feel of a premium two wheeler. However, the catch with the newly- launched TVS X is its steep price tag of INR 2.5 lakh.
Ev & Future Mobility: U.S. Government aims to buy 9,500 electric vehicles in 2023 despite supply challenges, facing higher costs, reports federal agency. Estimated spending over USD 470 million for EV purchases and infrastructure installation.