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Electric cars and hybrid vehicles. even as the competition is revving up, it is worth noting in terms of overall deliveries in 2023, tesla still has byd beat. however, the chinese ev maker could keep momentum, especially with government incentives like tax breaks. that is according to ray wang from constellation research consultancy whom i spoke to earlier. it is actually amazing to see ev demand is still that strong and i think it is wonderful for byd hitting 529,409 vehicles in q4. put them on target at about 1.6 million for the year. that is an important figure because they are accelarating...

The Delhi-based company reported a 250% on-year jump in revenue from operations to Rs 61.53 crore, according to its financial statements filed with the Registrar of Companies.

Earlier this year, the government had already reduced the subsidy, which resulted in a decrease in the demand for electric two-wheelers. However, the demand seems to be stabilizing now, leading government officials to argue that the transition to cleaner-fuel vehicles will happen naturally due to the economic advantages of running them, despite their higher initial cost.

After years of accelerating growth, some automakers fear that electric car sales in Europe and elsewhere could be heading for slowing demand as drivers wait for better, cheaper models that are two to three years down the road.

Ev Demand: India saw 120 per cent growth in electric vehicles (EVs) in the second quarter of this year, driven by a 400 per cent surge in hybrid vehicles, a report showed on Monday.