Ev Registrations News Today

Vehicle registration count is a proxy for retail sales. It touched 111,964 units for electric two-wheelers on March 29 - the highest for any month - according to data from Vahan, the governments repository of all vehicle registrations in India. The previous monthly high was 105,389 units in May 2023, when consumers had brought forward their purchase plans to avoid paying more due to a reduction in government subsidy from June.

India registered 2.78 lakh electric vehicles (EVs) in the period of January and March 2023 so far, according to Union Road Transport and Highways Minister Nitin Gadkari. - Overdrive

Hero Electric Vehicles Pvt. Ltd is in talks with investors, including sovereign funds, for its largest fundraising of around $250 million to expand its capacity to build electric bikes amid fierce competition, two people aware of the development said.