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Maruti Suzuki India (MSI) clocked highest ever monthly sale of close to 2 lakh vehicles in January 2024.
The three biggest manufacturers, Maruti Suzuki, Tata Motors and Hyundai Motor India notched up high sales figures in the first month of the calendar year.
SUV segment. The SUV’s share in PV sales increased from 42 percent in 2022 to 48.7 percent last year.
The Delhi government attributes this success to its ambitious Electric Vehicle Policy, which was launched by Chief Minister Arvind Kejriwal in August 2020.
Maruti Suzuki's mini car segment's share in total PV sales has fallen to 2.4 per cent in December 2023. MSI's mini car segment comprises Alto and S-Presso.
The young and speed-loving population are also kicking up demand for premium two-wheelers.
Both mid-sized sedan Virtus and premium SUV Tiguan are going to become costlier from January 1, 2024: Volkgwagen
Ola Electric and Ather Energy are the only two players which had entered the E2W industry as small players and have managed to cement their foothold in the this industry.
According to Society of Manufacturers of Electric Vehicles, the clean and green energy two-wheeler sales fell 4.7 per cent YoY to 73,774 units in November 2023 from 77,376 units in year ago period.
How to buy a policy for Electric Vehicle i.e. EV? What should be included in your policy? How different is this insurance compared to ICE vehicle? Why is protection cover necessary for the battery?