Tata Motors and MG Motor were the first to sell more than 7,000 electric vehicles in March, a 100% increase over the same month last year. TVS Motor Company is second in the market for electric two-wheelers, after Ola Electric. Data from the Federation of Automobile Dealers Associations (FADA) shows that Tata Motors sold 7,137…
The second round of the production-linked incentive (PLI) plan for the solar industry has awarded contracts to up to 11 businesses, including Reliance, ReNew, Indosol, First Solar, Tata Power Solar, and Avaada, for solar photovoltaic (PV) manufacturing projects totaling 39,600 MW capacity. The positive tender response is anticipated to support India’s aspirations to establish a…
The majority of the manufacturers of passenger vehicles (PVs) recorded double-digit growth over the same month last year, while domestic wholesales (dispatches to dealers) of automobiles maintained their momentum in the festival month of October. The manufacturers predict that the trend will hold in the upcoming months due to the better semi-conductor condition. Market leader Maruti…
