Consumer interest in electric vehicles continues to improve in Indian auto market but prefernce for hybrid technology remains stronger.

The biggest barrier in mass adoption of electric vehicles and zero-emission cars is the high cost of vehicles, especially constituted by the battery.

Ford has launched a dedicated team to work on a small, low-cost EV in order to compete with BYD’s Seagull EV.

Electric vehicles have been a major concerns for retailers as they have had to shell out more money to market the battery-powered units.

A French government regulation has lowered the subsidy by 20% for this category of buyers from 5,000 euros (USD 5,386) to 4,000.

The growth rate of new electric car registrations in Germany has slowed to 11.4% in 2023 from 30% the year before.

French government halts subsidised electric vehicle lease program due to overwhelming demand, plans expansion amidst surge in interest

Electric vehicles in North America accounted for 8.5% of Volkswagen’s total vehicle sales in January, up from just under 8% last year.

Tesla reported almost USD 97 billion in revenue last year, equivalent to just under USD 690,000 for each of its over 140,000 employees.

Euler Motors will manufacture the units at its production hub at Palwal, Haryana and deliver them within the next 18 months.