New Delhi: India’s electric car market is shifting into high gear, particularly in the affordable segment, with 86% of sales concentrated in the sub-Rs 20 lakh segment. With consumers increasingly choosing battery-powered SUVs over traditional hatchbacks, the electric PV sales are expected to exceed the 100,000 mark this year. While early market leader Tata Motors … Read more
Reuters The global opportunity for the EV battery chain is estimated to reach USD 300 billion by 2030. Gujarat Fluorochemicals on Wednesday said its electric vehicle products subsidiary, GFCL EV Products, has raised INR 1,000 crore at an equity valuation of INR 25,000 crore. It said the promoters of InoxGFL Group, of which Gujarat Fluorochemicals … Read more
boonchai wedmakawand / Getty Images EVs are on the rise. With awesome new models finally rolling out and charging networks rapidly expanding, it feels like we’re at the tipping point of electric cars being as mainstream as non-electric vehicles. But with a whole new type of vehicle come new challenges. One challenge is adapting to … Read more
