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EV PENETRATION FORECAST
Falling crude, stable macros set stage for India's next growth phase: Aditya KondawarIndia's equity markets face a crucial earnings season with supportive macroeconomics, yet IT sector sentiment is dampened by AI uncertainti...- EVs to account for 10% of India's car market by FY28, says Tata Motors' Shailesh ChandraElectric cars are poised to capture nearly 10% of India's passenger vehicle market by the end of fiscal year 2027, according to Tata Motors...
- CarTrade Tech shares rocket 6% as Nomura raises target price. Here are 3 reasons whyCarTrade Tech shares rose after Nomura reiterated its 'Buy' rating and raised its target price, citing stronger growth prospects for OLX. T...
- Tata Motors shares jump 5% on strong growth guidance. What are Nomura, other brokerages saying?Tata Motors shares rose after outlining strong growth targets, including margin expansion and cash flow improvement. Brokerages remain divi...
- Buy, Sell or Hold: Elara Capital initiates buy on Bharti Airtel; Goldman Sachs has buy rating on IndigoBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiat...
- Mahindra dethrones Tata Motors to become top EV revenue player in FY26Mahindra & Mahindra has become the top electric car seller by revenue, surpassing Tata Motors. This shift occurred last fiscal year due to ...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- Iran war to supercharge Asia's move from fossil fuels to electronsThe U.S. and Israeli conflict with Iran is accelerating Asia's shift to electrification, particularly electric vehicles and battery storage...
- EV sales surge in March on discounts, price hike fearsElectric car registrations — a proxy for retail sales as carmakers report only dispatches to dealers — rose 49% on-year to 19,711 units in ...
- OPEC trims global oil demand for next four yearsOPEC has revised its medium-term global oil demand forecasts downward due to slower growth in China, particularly with electric vehicle ado...
- BMW expects 30 pc of its India sales to come from electric vehicles by 2030BMW expects 30% of its sales in India to come from electric vehicles by 2030. The company reported a tripling of electric car sales in the ...
- One in two cars will be electric by 2035, India among countries to lead: CounterpointBy 2035, every second car will be electric, driven by growth in regions like India, Latin America, Japan, and Southeast Asia. In 2024, glob...
- New models & govt sops set to boost EV space: M&M ExecutiveIndia's electric vehicle industry is set for rapid expansion over the next 12-18 months with the introduction of numerous new EV models in ...
- HSBC cuts Ola’s target price to Rs 110, sees slower e2W penetration, service issuesHSBC lowered Ola Electric's target price to Rs 110, citing slower e2W penetration and service issues, yet maintains a ‘buy’ rating due to p...
- Shift to electric vehicles will have far-reaching impact, IMF saysThe International Monetary Fund (IMF) warned that the global shift to electric vehicles (EVs) will have significant impacts on investment, ...
- S&P Global Mobility lowers India's 2030 EV penetration forecast to 19%Puneet Gupta, director, S&P Global Mobility, spoke on the sidelines of an event in Mumbai where S&P released its first edition of 'India Fo...
- Innovation in EVs seen denting copper demand growth potentialThe engineering changes include shifting to more compact batteries where cells do not have to be wired into modules, using thinner copper f...
- Auto component industry to see 9-11 per cent of revenue from EV parts by 2027: ReportRevenue of the electric vehicle components is likely to rev up at a compound annual growth rate of around 76 per cent to Rs 72,500 crore in...
- Motherson going strong on overseas gains, EV chargeSMP, an overseas polymer subsidiary which accounts for nearly half of the total revenue, reported 460 basis points jump in the operating ma...
- Electric vehicle market likely to be Rs 50,000 crore opportunity in India by 2025: ReportThe report by Avendus Capital, which is an investment banking arm of financial services provider Avendus Group, also said the total cost of...
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