Versuchen GOLD - Frei

Electric Public Transport Push Faces Hurdles as Sales Decline

Mint New Delhi

|

March 17, 2025

With just a fortnight left for FY25 to end, electric bus sales stood about 400 units less on-year

- Manas Pimpalkhare

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.

WEITERE GESCHICHTEN VON Mint New Delhi

Mint New Delhi

Celebrating the snake in jewellery and art

An exhibition in Mumbai reiterates the power of the serpent motif in ornamentation and shines a light on Jaipur's wealth of gemstones

time to read

2 mins

October 10, 2025

Mint New Delhi

Akasa co-founder Khatri exits after ₹1,200 cr funding

Ex-IAF officer's departure is the first from the founding team since the carrier's 2022 launch.

time to read

1 mins

October 10, 2025

Mint New Delhi

Mint New Delhi

Razorpay to enter four new markets in South-East Asia

Initial public offering (IPO)-bound fintech major Razorpay is planning to expand into three to four new South-East Asian markets by the end of 2026, the firm's top executive told Mint in an interaction.

time to read

1 mins

October 10, 2025

Mint New Delhi

Mint New Delhi

Silver ETFs soar on festive demand, supply crunch

\"In the past three to four weeks, we have seen a surge in silver demand,\" said Vikram Dhawan, head of commodities and fund manager at Nippon India Mutual Fund, which runs the largest gold and silver ETFs in the country.

time to read

2 mins

October 10, 2025

Mint New Delhi

Mint New Delhi

Govt, IBBI eye checks on shady pre-bankruptcy business deals

The Union government is looking to tighten the noose around shady transactions at companies undergoing bankruptcy proceedings committed by previous managements, two people aware of the plans said.

time to read

1 mins

October 10, 2025

Mint New Delhi

American chill pill

America's new 100% pharma tariff, going by a recent post online by US President Donald Trump, was aimed at \"branded or patented\" pharmaceutical products, barring those for which plants were being built in the US.

time to read

1 min

October 10, 2025

Mint New Delhi

Reliance Consumer revives Velvette

After shaking up India's fizzy drink market, Reliance Consumer Products Ltd (RCPL) is now entering the personal care space, taking on established players such as Hindustan Unilever Ltd (HUL) and Dabur Ltd.

time to read

1 min

October 10, 2025

Mint New Delhi

LG India's $1.3 billion IPO subscribed 54x

LG Electronics Inc.'s $1.3 billion initial public offering (IPO) of its Indian unit was subscribed 54 times on the final day of book building, making it India's second most heavily bid billion-dollar-plus issue.

time to read

1 min

October 10, 2025

Mint New Delhi

Mint New Delhi

India to ease US trade barrier pressure for medical devices

The plan may include subsidies, mutual recognition pacts for easy acceptance of Indian items

time to read

2 mins

October 10, 2025

Mint New Delhi

Mint New Delhi

Tata Trusts strife bares a void

Today's meeting may set the tone for the philanthropic entities' future, a year after the death of Ratan Tata

time to read

4 mins

October 10, 2025

Listen

Translate

Share

-
+

Change font size