passenger car sales

Capture the theme at the right time: Is investment in EV a good long-term bet?

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Capture the theme at the right time: Is investment in EV a good long-term bet?

Globally, over 250,000 electric vehicles were sold each week in 2023. To put things in perspective, ten years ago in 2013, fewer electric vehicles were sold in a single year than in a single week in 2023. In 2023, EVs accounted for 18% of all passenger car sales worldwide, 26% of all bus sales, and … Read more

India’s light vehicle market the only one among top 10 globally to outgrow pre-pandemic levels

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India’s light vehicle market the only one among top 10 globally to outgrow pre-pandemic levels

India has been the fastest growing among the world’s ten largest automobile markets this calendar year when compared to the pre-pandemic year of 2019, according to a global forecasting firm. The world’s largest light vehicle (includes cars and light utility vehicles less than 6 tonnes) market behind China and the US is estimated to advance … Read more