MoRTH organises two day workshops focusing on transforming road transport sector
Jan 09, 2025
Jan 01, 2025
We hope you are enjoying a well deserved year-end/new year break.
As expected, the automotive technology space kept buzzing in 2024. Among the major megatrends, Electric Vehicles continued to take the lead. India, with aspirations of becoming a leading global EV hub, saw its electric two-wheeler market cross the million mark in sales for the first time in 2024. The story isn’t great yet on the electric passenger vehicle (PV) side, but that’s set to change in 2025.
The twin buzz creating November launches of Mahindra’s BE 6 and XEV 9e can potentially light a new spark in the electric PV segment, starting February ‘25. The first-in-industry move of Battery-as-a-Service (BaaS) by JSW MG Motor India is another market intervention that could spur the offtake of EVs.