Fuel Cell Caravan - The Home of the Future
  • Home
  • Project Details
  • Blog
  • News
  • Contact Us
No Result
View All Result
  • Home
  • Project Details
  • Blog
  • News
  • Contact Us
No Result
View All Result
No Result
View All Result
Fuel Cell Caravan - The Home of the Future
Home NEWS

Canalys: Indian EV market grows a whopping 223% in 2022

admin by admin
February 6, 2023
in NEWS
0
Canalys: Indian EV market grows a whopping 223% in 2022
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Canalys simply got here out with its 2022 report on EVs in India and the outcomes certain look promising. The general automobile market grew 23% in 2022, which by itself is spectacular given the flat or detrimental progress in different markets around the globe. The EV sector, particularly, noticed an impressive progress of 223% by delivering 48,000 autos for the entire yr.

It is maybe necessary to notice that the Indian EV market is in its infancy, so insane progress numbers are to be anticipated.

Analysts say that the demand for EVs and even luxurious EVs has been sturdy, regardless of the looming financial uncertainties within the nation. That is primarily as a result of rising shopper shopping for energy.

Tata is the runaway chief within the EV market with simply two fashions by taking 86% of the share. The Chinese language MG takes second place with 9% and Hyundai an equally distant third with 1.6%. The Korean firm is simply promoting the Kona within the nation, although.

Luxurious manufacturers like Mercedes, BMW and Audi are additionally providing a few of their international EV fashions in India they usually noticed a major progress of 34%. Nonetheless, they symbolize lower than 1% of the overall market mixed.

Canalys predicts that the Indian EV market will develop by over 300,000 models in 2025 and account for about 6% of the overall automobile gross sales. And massive model names like Toyota, Honda, VW, Skoda, Nissan and Renault will doubtless miss the early adoption gross sales as they nonetheless have not launched their EVs in India.

Supply



Supply hyperlink

LET’S KEEP IN TOUCH!

We’d love to keep you updated with our latest news and offers 😎

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Previous Post

Equinor, SSE research fourth Dogger Financial institution part of 1.32 GW

Next Post

Israeli renewables developer Enlight to kick off US IPO roadshow

Next Post
Israeli renewables developer Enlight to kick off US IPO roadshow

Israeli renewables developer Enlight to kick off US IPO roadshow

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Tesla Mentioned To Plan US Battery Cell Plant Utilizing CATL’s LFP Tech
  • Greenvolt so as to add 11 MWp of photo voltaic for Portugal’s Tremendous Bock Group
  • GMC teases Hummer EV SUV overlanding idea with photo voltaic roof
  • Chile’s renewables share all the way down to 39% in Feb
  • Huawei lends its EV expertise to Landian for the E5 SUV

Recent Comments

No comments to show.
fuel cell caravan

Fuel Cell Caravan

Mobile Home Office

Useful Links

  • Terms
  • About
  • Privacy Policy
  • Refund
  • Contact Us
  • News
  • Blog

connect with us on

Facebook Twitter Youtube Linkedin Instagram Whatsapp
No Result
View All Result
  • Home
  • Project Details
  • Blog
  • News
  • Contact Us

© 2023 FuelCellCaravan - All Rights Reserved

×