Ev Penetration News Today

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Cars News: Hardeep Singh Brar of Kia Motors discusses the impact of economic factors on Indian automotive sales, setting ambitious targets for Sonet and Seltos.

Kia Motors Indian subsidiary plans a 2025 EV launch. Hardeep Singh Brar questions Indias 30% EV sales target by 2030, estimating 15-20%. EV sales rose 2% in 2023. Inflation, pricing, and sales challenges persist.

The dashboard highlights EV sales across the country in two, three, and four-wheeler categories, as well as electric bus class. It gets real-time data from the central governments Vahan dashboard for the assessment of EV sales by category, state, year, and even month. It can compare the sales in different states, annual EV sales since 2014, and the EV penetration rates across all categories both collectively and individually.

“If you buy an Ola EV, every month you save Rs 2,500-3,000 and so in a year, you save about Rs 30,000. So, buying an Ola EV or frankly any EV, allows you to do better for the planet and better for yourself and for your wallet," says Ola Electric founder.