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Two-wheelers drive EV sales past 2-mn mark in Jan-Nov

Financial Express Ahmedabad

|

November 28, 2025

Three-wheelers make up 34% of volumes, PVs 8%

- NITIN KUMAR

LED BY STRONG two-wheeler demand, retail sales of electric vehicles (EVs) crossed the 2-million mark for the first time in a calendar year within the first 11 months of 2025, Vahan registration data up to November 27 showed. In 2024, total retail sales stood at 1.95 million units.

Two-wheelers were the biggest contributor to overall sales. Between January and November, retail sales of electric two-wheelers climbed to around 1.17 million units, contributing 58% of total EV volumes during the period.

MEER VERHALEN VAN Financial Express Ahmedabad

Financial Express Ahmedabad

Google drops EU complaint against Microsoft cloud

ALPHABET'S GOOGLE ON Friday dropped its EU antitrust complaint about rival Microsoft's cloud computing practices, a week after EU regulators launched an investigation to see if Microsoft should be subject to rules aimed at curbing its power in this sector.

time to read

1 min

November 29, 2025

Financial Express Ahmedabad

Nifty Next 50 ETFs give early exposure to future mega-cap leaders

FOR LONG-TERM INDEX INVESTORS, THIS WORKS AS AN EFFECTIVE STOCK-DIVERSIFIER

time to read

2 mins

November 29, 2025

Financial Express Ahmedabad

Maharashtra liquor policy challenged in high court

DIAGEO AND PERNOD Ricard’s Indian lobbying group has sued the state of Maharashtra in the Bombay High Court over a sharp tax hike on their affordable brands and for excluding the companies from a new lower tax category reserved for some local firms.

time to read

1 min

November 29, 2025

Financial Express Ahmedabad

Trump vows to freeze migration

A‘PERMANENT PAUSE’ ON MIGRATION FROM ALL ‘THIRD WORLD COUNTRIES’: US PRESIDENT

time to read

1 mins

November 29, 2025

Financial Express Ahmedabad

Ola Electric sales skid to lowest in 36 months

OLA ELECTRIC'S RETAIL sales have fallen to their weakest level in three years, marking a sharp reversal for the electric two-wheeler maker after months of slowing demand.The company sold 7,383 units in November up to the 27th, putting it on track for its lowest monthly volume since September 2022, when registrations slipped below 8,500 units.

time to read

1 min

November 29, 2025

Financial Express Ahmedabad

Meesho announces IPO at ₹50,000-cr valuation

SOFTBANK-BACKED e-commerce firm Meesho, whose ₹5,421-crore initial public offering (IPO) opens for bids on December 3, on Friday set the price band at ₹105-111.

time to read

1 mins

November 29, 2025

Financial Express Ahmedabad

Hong Kong blaze toll rises to 128

HONG KONG'S DEADLIEST fire in nearly eight decades has killed at least 128, officials announced shortly after making fresh arrests in connection with the blaze.

time to read

1 mins

November 29, 2025

Financial Express Ahmedabad

Hong Kong’s identity quandary

Its financial sector has rebounded, with a high-flying Hang Seng Index and a return to the top spot in the global IPO rankings, but the city is still a diminished version of itself

time to read

4 mins

November 29, 2025

Financial Express Ahmedabad

Fiscal deficit widens to 52.6% in Apr-Oct; net tax revenue contracts

Required tax growth jumps to 31%

time to read

1 mins

November 29, 2025

Financial Express Ahmedabad

In Defence of industry

ETHICS IN INDIGENISATION IS IMPORTANT BUT JUST BLAMING MANUFACTURERS IS UNFAIR

time to read

4 mins

November 29, 2025

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