يحاول ذهب - حر
Electric Public Transport Push Faces Hurdles as Sales Decline
March 17, 2025
|Mint New Delhi
With just a fortnight left for FY25 to end, electric bus sales stood about 400 units less on-year
India's electrification push in public transportation is slowing, with electric bus sales in FY25 set to show only a nominal increase compared with the year before.
Electric bus sales have failed to make significant inroads into the traditional diesel-powered bus market over the past few years.
With only a fortnight to the end of the financial year, electric bus sales stood at 3,124 units in FY25, about 400 units fewer than the previous fiscal, the government's Vahan portal data showed.
The data also showed that penetration of electric buses in FY25 was the lowest since FY22, with only 4.72% of all buses being electric, half FY22's 9.34%.
Penetration of electric vehicles refers to the share of electric vehicles sold and registered in a particular period, compared with the total vehicles sold and registered in the same period. In this case, penetration of electric buses is the number of electric buses out of all buses sold in a financial year.
هذه القصة من طبعة March 17, 2025 من Mint New Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint New Delhi
Mint New Delhi
AI fears slam Accenture, Indian IT cos listed in US
Shares of Accenture Plc plunged 18% to a nine-year low on Thursday, sparking a wider sell-off in homegrown information technology (IT) companies listed in the US, as the world's biggest IT outsourcer reported its lowest quarterly new order bookings since the first quarter of 2024-25 and provided a softer guidance than in the previous quarter.
2 mins
June 19, 2026
Mint New Delhi
OpenAI guns for bigger India team in pursuit of AGI
For OpenAI, India is not just a market for acquiring users but also a crucial testing ground for future artificial intelligence (AI) products, including personalized voice-interaction feature set to launch in the coming weeks, according to Abhi Muchhal, its product lead for international growth.
2 mins
June 19, 2026
Mint New Delhi
Fuel curbs may ease as peace deal raises hope
Move could soothe farmers, lower inflation; no decision on prices still
3 mins
June 19, 2026
Mint New Delhi
AIMS promoter taps 360 ONE for PE stake buyback
The promoter of Blue Sapphire Healthcares Pvt Ltd, which operates the Asian Institute of Medical Sciences (AIMS), has raised private credit from 360 ONE Asset Management to buy back a 49% stake held by private equity investors OrbiMed and British International Investment, the companies said in a statement on Friday.
1 min
June 19, 2026
Mint New Delhi
Sebi curbs, higher costs eat into NSE profit before IPO
The National Stock Exchange (NSE) has waited nearly a decade to go public. However, just as investors finally get the chance to own India's largest market infrastructure company, its FY26 earnings present a sobering reality.
2 mins
June 19, 2026
Mint New Delhi
Auto majors scale AI via IT arms, global partnerships
Tata Motors and M&M are scaling AI adoption in manufacturing, sales and technology
2 mins
June 19, 2026
Mint New Delhi
A 70-year-old law, 10% stake: what keeps LIC invested in NSE
As state-owned banks and insurers cash out through the National Stock Exchange’s roughly ₹30,000-crore initial public offering, its largest shareholder, Life Insurance Corp. of India, is holding on to its 10.72% stake, according to the draft papers filed with the market regulator.
2 mins
June 19, 2026
Mint New Delhi
Centre to raise ₹13,000 cr via OFS in three state-run banks
Share sale to meet public holding norms; Govt may cross disinvestment target in FY27
2 mins
June 19, 2026
Mint New Delhi
NSE IPO set to mint outsized gains for early investors
Shareholders selling equity in the National Stock Exchange of India Ltd (NSE) public offer are set to bag up to thousand-fold returns on their average investment costs once the exchange gets listed.
2 mins
June 19, 2026
Mint New Delhi
Cordelia Cruises operator to launch ₹585-crore IPO next week
Waterways Leisure Tourism Ltd, the operator of Cordelia Cruises, will launch its initial public offering next week, becoming the first Indian cruise line to go public.
2 mins
June 19, 2026
Listen
Translate
Change font size

