EV market
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Business
Honda Aims for One-Third of Sales from Electric Vehicles by 2030
Honda Motorcycle and Scooter India (HMSI), India’s second-largest two-wheeler manufacturer, is set to launch its first electric vehicle (EV) by March 2024, despite delays. Initially planned for earlier in the year, the launch of their electric scooter will mark Honda’s entry into a rapidly growing EV market. Yogesh Mathur, HMSI’s Director of Sales and Marketing, emphasized that while the company…
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Business
India’s Electric Vehicle Market Surges: 16.8 Million EVs Registered in FY 2023-24
New Delhi – India has witnessed a significant increase in electric vehicle (EV) registrations, with the total number reaching 45,74,938 as of July 29, 2024, according to the e-Vahan portal managed by the Ministry of Road Transport & Highways (MoRTH). This surge reflects the country’s growing commitment to sustainable transportation. The data reveals a substantial rise in EV registrations over…
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