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India s electric two-wheeler market has seen a significant sales increase in Q3 FY 24 compared to Q2 FY 24, indicating robust growth. There was also a year-on-year growth in Q3 FY 24 compared to Q3 FY 23. The ongoing Q4 FY 24 has already recorded impressive sales figures. The President highlighted the exponential growth of electric vehicle sales in recent years. Stakeholders anticipate potential policy developments in the upcoming budget, including the introduction of FAME III. Industry leaders are optimistic that FAME III will foster a conducive environment, incentivize manufacturers, and boost consumer affordability. ....
EV Sales: The upward trend in the electric two-wheeler market is further evidenced by the impressive sales figures in the ongoing fourth quarter (Q4 FY 24), with 76,301 units already sold, pointing to a strong finish for the fiscal year. ....
The companys aspiration to reach the target in this financial year is unlikely to be met, said Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility (TPEM). ....
European EV sales are stalling and need to accelerate if massive EU targets are to be met. Cheaper vehicles are a must. Germany’s axing of subsidies won’t help. ....
Ev Sales: Delhi recorded a record 19.5% electric vehicle sales in December 2023, the highest reported in any state till date. The city registered a total of 6,57,312 vehicles in 2023, out of which 73,610 were electric. The sale of private and commercial electric cars has seen a significant increase over the years. The government is finalizing Delhi EV policy 2. ....