Category: EV
EV
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India’s EV sales projected for 12-fold surge to 30 million units by 2032: Report
By ANI |New Delhi | 13 July 2026 India’s electric vehicles (EV) market is projected to surge 12x to 30.4 million units by 2032 under the high-growth NEV (National EV Target) scenario. The market displays strong growth momentum, with annual sales rising from 2.0 million units in 2024 to 2.6 million units in 2025, representing […]
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Delhi EV policy may become template for other states; key risk for auto sector: Morgan Stanley
By ANI | New Delhi | 3 July 2026 Delhi’s Electric Vehicle (EV) Policy 2026 could accelerate the transition to clean mobility, but the larger challenge for the automobile industry may emerge if similar policies are replicated across other states, according to a Morgan Stanley report. Morgan Stanley believes the immediate financial impact on automobile […]
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Union Environment Minister Calls for Green Growth, Circular Economy in India’s EV Push
By Enersider Desk | New Delhi | 2 July 2026 Union Minister for Environment, Forest and Climate Change, Bhupender Yadav, today emphasized that India’s shift to electric mobility must be driven by principles of green growth, resilient infrastructure, transparent governance, and a circular economy to ensure long-term environmental sustainability. Yadav was speaking as the chief […]
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Rs 1 lakh crore on crude imports will be saved by 2030, as 35 lakh EVs will replace petrol vehicles: SBI Report
By ANI | New Delhi | 2 July 2026 Around 35 lakh more electric vehicles (EVs) are expected to replace petrol vehicles during 2027-2030, helping India save nearly Rs 1 lakh crore in crude oil import bills if EVs account for 20 per cent of the vehicle market by 2030, according to a report by […]
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Quantum Energy partners with Hero FinCorp to enable financing for electric scooters
By Enersider Desk | New Delhi | 2 July 2026 Quantum Energy, an electric scooter manufacturing company, has announced a partnership with Hero FinCorp, an Indian NBFC, to offer financing options for electric scooters across the country. Customers will gain access to collateral-free financing solutions supported by instant EMI calculations and a digital onboarding process. […]
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VNT Improves EV Charging Capabilities for Commercial and Industrial Applications
By Enersider Desk | New Delhi | June 17, 2026 VNT has announced plans to strengthen its focus on high-power electric vehicle (EV) charging solutions as demand for fleet electrification continues to grow across India. The company said, “rising fuel costs, sustainability targets and government initiatives promoting electric mobility are driving increased interest in EV […]
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Hitachi Energy invests approximately INR 2000 crore for new transformer factory in Vadodara
By Enersider Desk | New Delhi | 12 June 2026 Hitachi Energy India Limited will invest approximately INR 2000 crore to establish a new Large Power Transformer factory in Karjan, Vadodara, according to a regulatory filing by the company on the National Stock Exchange of India (NSE). The investment builds on the company’s 77-year history […]
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South Asia’s First-ever Vehicle-to-Grid (V2G) Demonstration, Led by ISGF in Collaboration with its Technology and Utility Partners
By ANI | New Delhi South Asia’s first ever groundbreaking Vehicle-to-Grid (V2G) Technology Demonstration in India implemented by India Smart Grid Forum (ISGF) marks a major advancement in smart Electric Vehicle (EV) charging and grid stability, paving the way for a future of bidirectional energy flows between EVs and the power grid. ISGF, with its […]
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Global EV Sales Shows Second Straight Monthly Increase: Report
By Enersider Desk| New Delhi Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers away from combustion-engine cars, data from consultancy Benchmark Mineral Intelligence showed on Wednesday. Registrations of new battery-electric vehicles and plug-in hybrid electric vehicles rose 6% from a year earlier to […]
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EV adoption gains momentum in April amid West Asia uncertainty, sector outlook cautious for May: FADA
By ANI | New Delhi Electric vehicle (EV) adoption across India’s automobile sector continued to strengthen in April, even as broader geopolitical tensions in West Asia cast a shadow over fuel price stability and future demand trends, according to the Federation of Automobile Dealers Associations (FADA). The data showed that the transition towards EVs continued […]
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