FADA’s September vehicle retail data was collated from 1,468 of 1,469 RTOs
Europe's experience after the 2022 energy crisis offers an important lesson. The continent moved quickly to add renewable energy and reduce its reliance on Russian gas
EaseMyTrip’s EMTev rolled out electric buses in Bhopal while targeting annual manufacturing capacity of 5,000 e-buses under Vision 2030
For decades, depreciation in conventional vehicles has largely followed familiar variables such as age, mileage and physical wear
India’s pre-owned EV market may eventually be shaped by more than battery health and depreciationwhether a used EV is practical for the buyer at all
Banks and NBFCs have decades of resale and depreciation data for internal combustion engine vehicles, allowing them to estimate collateral value relatively confidently
A credible assessment must go beyond a physical inspection
India’s pre-owned EV market is emerging just as the country’s electric vehicle base begins to mature
The investment will be spread over the next five years and funded through internal reserves, equity and future cash flows, with limited use of debt
The investment is planned over the next five years and will be funded through internal reserves, equity and future cash flows, with limited reliance on debt
OHM Global Mobility Limited will also operationalise electric buses for public transport in the state and expand its mobility solutions business