Volvo Cars Could Go 100 Percent Electric in India by 2025

Volvo Cars Could Go 100 Percent Electric in India by 2025

Swedish luxury carmaker Volvo Cars could go fully electric in India by around 2025, much ahead of its global target of becoming a full electric car company by 2030, a senior company official said on Tuesday. The company, which will launch the electric version of its SUV C40 in the fourth quarter of 2023, will … Read more

How India’s EV Dawn Could Lead to Fuel Demand Peaking Early

How India’s EV Dawn Could Lead to Fuel Demand Peaking Early

The rapid take-up of electric vehicles in India’s fledgling market has prompted a major rethink about the country’s long-term fuel needs as refiners in Asia’s third-largest economy hasten their shift away from oil production. India, one of the world’s fastest growing oil markets, has lagged major economic peers in Europe and Asia in the adoption … Read more

DTC Fleet Gets 50 New Electric Buses Under FAME India Phase II Scheme

How India’s EV Dawn Could Lead to Fuel Demand Peaking Early

As many as 50 electric buses were launched in Delhi with support under the FAME India Phase II scheme of the Ministry of Heavy Industries, informed the government on Monday. In 2019, the government approved Rs. 10,000 crore for a period of three years. Out of total budgetary support, about 86 percent of the fund … Read more