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Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine

Electric 3W industry scales new high in CY2024: 691,000 units, Mahindra and Bajaj Auto shine

Ajit Dalvi     calendar01 Jan 2025

The electric three-wheeler segment, which is the one with the highest level of transition to e-mobility, clocked its best-ever annual sales of over 691,000 units and accounted for 56% of the 1.22 million three-wheelers sold in CY2024. While...

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Bajaj Auto’s December wholesales down; Domestic 2W sales fall 19% YoY News
Bajaj Auto’s December wholesales down; Domestic 2W sales fall 19% YoY

autherAutocar Pro News Desk calendar01 Jan 2025

The automaker’s two-wheeler exports rose 15% in December to 1.43 lakh units, exceeding the domestic volume.

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Exclusive: Hyundai Motor India eyes entry into electric 3-wheeler market, may partner TVS Motor News
Exclusive: Hyundai Motor India eyes entry into electric 3-wheeler market, may partner TVS Motor

autherKetan Thakkar calendar30 Dec 2024

The two will undertake joint development of an electric three-wheeler that TVS can make locally under a contract manuf...

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Greaves Electric to set up battery assembly line in TN plant by 2027 News
Greaves Electric to set up battery assembly line in TN plant by 2027

autherKiran Murali calendar24 Dec 2024

The battery pack assembly line, which will have an annual installed capacity of 400,000 units, is expected to be commi...

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EV maker Greaves Electric files IPO papers to raise Rs 1,000 crore News
EV maker Greaves Electric files IPO papers to raise Rs 1,000 crore

By Kiran Murali calendar24 Dec 2024

The company, which makes Ampere electric two-wheelers, targets to use Rs 375.3 crore from the IPO proceeds for product...

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Will India EV Inc achieve 2 million sales in 2024? Analysis Sales
Will India EV Inc achieve 2 million sales in 2024?

By Ajit Dalvi calendar15 Dec 2024

Strong double-digit growth for electric two- and three-wheelers as well as passenger vehicles in the first 11 months o...

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Electric 3Ws maintain double-digit growth in November, 11-month sales at record 631,000 units Analysis Sales
Electric 3Ws maintain double-digit growth in November, 11-month sales at record 631,000 units

By Ajit Dalvi calendar02 Dec 2024

Of the total 1.12 million three-wheelers sold in India between January-November, retail sales of 631,853 e3Ws account ...

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3-Wheelers: A tale of EV success Feature
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3-Wheelers: A tale of EV success

autherPrerna Lidhoo calendar29 Nov 2024

Electric three-wheelers are all set to become the first EV category to achieve self-sustainability without subsidies. ...

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Govt extends FY25 subsidies for cargo electric 3-wheelers at reduced rates News
Govt extends FY25 subsidies for cargo electric 3-wheelers at reduced rates

autherKiran Murali calendar19 Nov 2024

The incentives which were earlier applicable in 2025-26 for 1.25 lakh units, will be applicable now.

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Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah News
Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah

autherKiran Murali calendar19 Nov 2024

The two-year Rs 10,900-core PM E-DRIVE scheme, which started with a lower subsidy per vehicle compared to FAME II, wil...

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POLL OF THE MONTH

Will Income Tax Cuts Boost Sales of Entry-Level Cars and Motorbikes?

Will Income Tax Cuts Boost Sales of Entry-Level Cars and Motorbikes?

Yes

 

67.80%

No

 

32.20%

Total Votes : 118