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EV SALES IN 2023
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
EVs ring in new fiscal on strong noteIndia's electric vehicle market began the new fiscal year with robust sales in April. Electric cars and two-wheelers saw significant year-o...
China's global EV push reflects its ambition - and harsh economics at homeChina's automotive industry is aggressively expanding overseas due to a saturated domestic market and a fierce price war. With a significan...
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
Vietnam plans to extend tax incentives for EVs until 2030Vietnam plans to extend its special consumption tax cut on electric vehicles until the end of 2030, aiming to significantly boost EV sales ...
Brookfield set to divest 550 MW solar project in Bikaner; eyes ₹3K cr EVBrookfield Asset Management is set to sell its 550-megawatt solar project in Bikaner, Rajasthan. The deal is valued at an estimated ₹3,000 ...
Iran war's global energy crisis sharpens China's advantage in clean techThe Iran war and disruptions in the Strait of Hormuz are accelerating a global shift from fossil fuels to renewable energy, positioning Chi...
ET Prime Special Series: Multibagger or Bankrupt - Part 53: All vehicles need this auto ancillary’s product, but its EV future is still taking shapeThis auto ancillary is not trying to be many things at once. It has stayed in one technical lane for years and built its business around a ...
Mid-sized cities to emerge as big demand centre for EVs: ReportLucknow, Thiruvananthapuram, and Gurugram shine in electric car sales growth. Tier 2 cities emerge as pivotal for electric two-wheeler mark...
Capture the theme at the right time: Is investment in EV a good long-term bet?The rise in EVs can be attributed to two main factors, first, a substantial global push by governments to achieve net zero emissions throug...
India leads in electric vehicle sales amid global slowdownGlobal electric vehicle sales growth faces challenges like capital costs and election uncertainty. US EV sales outpaced Europe, where EV sa...
Electric vehicle sales in US to hit record in 2023It will be the first time more than 1 million EVs are sold in the US in a calendar year, probably reaching between 1.3 million and 1.4 mill...
EV penetration to grow exponentially, sector's profitability expected to delay take offSales of EVs is on a growth path, led by the two-wheeler segment. Penetration of electric two-wheelers in the overall two-wheeler sales inc...
MG Motor expects 25% sales volume from electric vehicles: MDThe new vehicle targeting customers at the heart of the market will be priced between Rs 10 lakh and Rs 15 lakh, MG Motor India president a...