Chief Minister Yogi Adityanath’s administration has stated that it will turn western and central Uttar Pradesh into a hub for the auto and electric vehicle sectors and their supporting elements as well as their supporting elements in order to increase the state’s economy to USD 1 trillion.

According to a private consumer expectations poll conducted on Monday, almost 66% of Indians believe that by 2030, electric vehicles will outnumber petrol and diesel automobiles.

In India, electric car adoption appears to have a promising future. In a study of more than 1000 people, 57% of Indian customers said they would invest in electric vehicles (EVs) because of their practical benefits, while 56% said they would do so because EVs are environmentally friendly. These are some of the key conclusions of the most recent report released by the survey firm YouGov India and the tech-first insurance company Acko.

1018 respondents from NCCS A and B households between the ages of 28 and 40 who either had an electric vehicle or planned to purchase one in the following year were polled for the study.

Even though the holiday season is over, celebrations are still going on for the manufacturers of electric vehicles (EVs), with November sales likely to match the record established during the Navratri and Diwali seasons last month

The Vehicle Retail Data for October’22 was made public by the Federation of Automobile Dealers Associations (FADA), who also forecasted the potential data by 2030.

Keeping electric scooters safe is very easy, all you need to understand is that it’s not an ICE scooter. Electric scooters are different and they require some very specific care.

India’s total fleet of electric vehicles is anticipated to reach 5 crores by 2030, per KPMG. This offers tremendous potential for individuals involved in the charging infrastructure. A significant increase in electric car sales is anticipated in India; according to KPMG research, Electric vehicle charging is the next big opportunity in India. This is true despite the present low penetration rate of barely 1%.

Indian Electric Vehicle Industry is one of the fastest growing industries in the world. Indian railway is planning to adopt EVs, and Nitin Gadkari, the Minster of Road Transport and Highways, is confident that within 1 year, the price of EVs will be the same as the price of ICE.

India’s total fleet of electric vehicles is anticipated to reach 5 crores by 2030, per KPMG. This offers tremendous potential for individuals involved in the charging infrastructure. A significant increase in electric car sales is anticipated in India; according to KPMG research, Electric vehicle charging is the next big opportunity in India. This is true despite the present low penetration rate of barely 1%.

As day by day, different states are disclosing their electric vehicle policies, Yogi Adityanath government also released the Electric Vehicle policy of Uttar Pradesh. The UP govt is planning to make the state a manufacturing hub for electric vehicles and their components.

Electric bike sales are on the rise. The increased semiconductor supplies and increasing model availability in the market are attracting new customers. Total registrations through the first nine months of 2022 have reached 388,000 units, which is already 2.7 times more than the total for all of 2021.

The government of India, with its objective to lower carbon emissions from the nation, has developed a roadmap in which the Indian Army will replace its ICE vehicles with electric vehicles.

India is considering mining lithium and other restricted minerals for battery manufacturing. Other minerals can provide a better solution than lithium in EV and ESS batteries.

The market of EV components in India will rise to 11% approximately by FY-27. In terms of valuation, it is estimated to be valued at Rs. 72,000 crores. Crisil published this information in one of their research report on the Indian EV Market.

Lithium batteries are widely used in the manufacturing of the EV batteries. LFP-based ev batteries are much safer than NMC-based batteries. Other than the safety, they are also more durable than the NMC.

In order to push EV growth, the Haryana govt has come up with the EV policy 2022. With this policy Haryana govt is focusing on incentivising the EV adoption and inviting companies to do R&D in the EV industry

The government intends to build an electric highway between Delhi and Mumbai, according to Nitin Gadkari, the Union Minister for Road Transport and Highways. And at the same time, Delhi government has decided to install at least one charging station for every 15 vehicles over the next three years

Punjab govt is rolling out its EV policy for the next 5 years with Y-o-Y review plan. The objective of this policy is to be the part of the central government’s EV policy and reduce the carbon emission of the state.

Commercial vehicle segment is one of the largest in the entire automotive sector. Electrifying the logistic and transport sector is very necessary for India to achieve the Net Zero Target by 2070

“Karnataka is leading the market of electric 2-wheelers in India. With more than 20K units sold, Karnataka is proving that India roads will be pollution free on time”

“The Indian EV market will reach $150 billion by 2030, all thanks to the new players venturing into the EV manufacturing sector and the government support provided to them. The new state EV policies is again a positive step taken by the Indian government  to grow this market.”

“The EV industry is creating more jobs, and the industry witnessed a growth rate of 108%. Bengaluru is the most popular place for EV talent, with 62% of job posts followed by 12% in Delhi, 9% in Pune and 6% in Coimbatore”