Ev Adoption News - Latest Updates & Headlines
Petrol consumption decline to 12-month low, diesel consumption at 5-month low: Report
New Delhi, March 26: India's fuel consumption saw a decline in February 2025, primarily due to a shift towards alternative fuel sources such as electric vehicles (EVs) and compressed natural gas (CNG), according to a report by SBI Securities.
Indian road network will be better than US in next two years: Nitin Gadkari
New Delhi, March 25: Nitin Gadkari, Minister for Road Transport & Highways, on Tuesday said that in the next two years, the Indian roads will be better than those of the United States.
Number of EVs on Indian roads likely to cross 28 million in 2030: Report
New Delhi, Feb 20: The cumulative number of EVs on Indian roads will likely cross 28 million units in 2030, generating significant demand for energy from the grid, according to the India Energy Storage Alliance (IESA), a leading industry body focused on e-mobility, energy storage and hydrogen.
FAME India Phase-II Scheme supports over 16.14 lakh EVs: Centre
New Delhi, Feb 13: As India doubles down on the local manufacturing of electric vehicles (EVs), the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME India) Scheme Phase-II has supported more than 16.14 lakh EVs, the government said on Thursday.
India's EV adoption remains nascent compared to global counterparts, but budget support to drive growth: Moody's
New Delhi, February 5: India's electric vehicle (EV) adoption remains in its early stages, lagging behind regional and global counterparts, according to a report by Moody's.
One in two cars will be electric by 2035, India among countries to lead: Counterpoint report
New Delhi, January 29: One in every two cars will be an electric vehicle by 2035, with fastest growth expected from India, Latin America, Japan, and Southeast Asia, as per a report from Counterpoint Technology Market Research.
India's electric car penetration to surge to 9 per cent by FY30: Nomura Report
New Delhi, January 25: The penetration of electric cars in India is projected to rise significantly, reaching 9 per cent by FY30 from the current 2 per cent, according to a report by Nomura. This shift is part of the country's broader transition toward sustainable and eco-friendly mobility solutions.
Piyush Goyal advocates electric vehicles for first-time buyers in India
New Delhi, January 17: Union Commerce & Industry Minister Piyush Goyal on Friday emphasized the importance of encouraging first-time vehicle buyers in India to choose electric vehicles (EVs) over fossil fuel-based cars.
2025 to be year of electric vehicles: 64% of consumers likely to choose EV as their next vehicle
Mumbai, January 14: 64 per cent of consumers are likely or very likely to choose an electric vehicle (EV) for their next purchase, marking a significant milestone in the shift towards sustainable transportation, according to the Tata Consultancy Services (TCS) Future-Ready eMobility Study 2025, launched at the Detroit Auto Show.
EVs ready to fly, there's no need for further subsidy: Piyush Goyal
New Delhi, January 3: India's electric mobility space is "absolutely ready to fly" and there is no need for newer incentives or subsidies, Commerce Minister Piyush Goyal said Friday, after a meeting with officials from various ministries and stakeholders of the Indian EV ecosystem.