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NSE Drives Innovation with India's First "EV and New Age Automotive Index" Get ready for a major boost to the Indian electric vehicle (EV) ecosystem! The National Stock Exchange of India (NSE) has launched the groundbreaking "EV and New Age Automotive Index". This first-of-its-kind initiative goes beyond traditional car companies to encompass the entire EV landscape. The index will track the performance of companies across the EV value chain, including: - EV and new-age automotive manufacturers - EV battery producers - Suppliers of raw materials - Developers of cutting-edge EV technologies This comprehensive approach is poised to provide much-needed support for the growth of the entire EV industry in India. Want to learn more about the implications of this exciting development? Click here to read more: https://bit.ly/4ehMfqD #EVPEDIA #EVrevolution #ElectricVehicles #EndlessPossibilities #EVs #TheFutureisElectric Morris Garages India

Wondering which companies are driving the future of electric vehicles and automotive innovation? NSE India recently launched the Nifty EV & New Age Automotive index. This new thematic index will track companies in the EV ecosystem and those developing cutting-edge automotive technology. With the Indian government pushing policies to boost EV adoption and attract global investment, this index is set to play a pivotal role in promoting India as a leading EV manufacturing hub. A step forward for the Make in India initiative! #EV #Automotive #Innovation #MakeInIndia #NSE

⚡️ 𝐈𝐧𝐝𝐢𝐚'𝐬 𝐄𝐕 𝐒𝐞𝐜𝐭𝐨𝐫 𝐙𝐨𝐨𝐦𝐬 𝐀𝐡𝐞𝐚𝐝 𝐢𝐧 𝟐𝟎𝟐𝟒! 🚀 The Indian electric vehicle market continues to electrify! ⚡ India Electric Vehicle Inc. reported a staggering 𝟏𝟗,𝟒𝟗,𝟏𝟖𝟐 𝐄𝐕𝐬 𝐬𝐨𝐥𝐝 𝐢𝐧 𝟐𝟎𝟐𝟒, a remarkable 27% surge compared to the previous year. 📈 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: Daily Average: Over 5,325 EVs sold daily! E2Ws Dominate: 59% market share. E3Ws Gain Ground: 35% market share. e-PVs & e-CVs on the Rise: 5% and 0.51% respectively. 𝐒𝐞𝐠𝐦𝐞𝐧𝐭-𝐰𝐢𝐬𝐞 𝐆𝐫𝐨𝐰𝐭𝐡: E2Ws: 11,48,575 units sold, 33% YoY growth. E3Ws: 691,323 units sold, 18% YoY growth. e-PVs: 99,068 units sold, 20% YoY growth. e-CVs: 10,038 units sold, 100% YoY growth. This data underscores the accelerating adoption of electric mobility in India. 🇮🇳 For more details, check the comments section below! 👇 Follow gyaniki | Your Access to Future Mobility for the latest updates on the EV industry. #EVRevolution #ElectricVehicles #India #SustainableMobility #FutureOfMobility #CleanEnergy #Transportation #Innovation #Growth #Sales #MarketTrends #IndiaElectricVehicleInc

When the equity market start reacting positively to an emerging sector that shows its true potential. This is the case with EV sector in India where the NSE India has launched the first ever EV Index. The new Nifty EV & New Age Automotive index will track the performance of companies that are part of the electric vehicle ecosystem, or involved in developing new-age automotive vehicles.

India’s #EV ecosystem is poised for a decade of transformation, with #ElectricTwoWheelers and cars leading the charge, backed by supportive policies and rising consumer interest. But how can automakers capitalize on these opportunities? Join us on November 21 for a Think Tank with our EV experts as they delve into strategic imperatives, from localizing EV parts to innovating supply chains, essential for navigating India’s dynamic EV landscape. Register now! 👉 https://frost.ly/b1n Turab Khan | Prajyot Sathe | Manek Kohli

India’s electric vehicle (EV) market is entering a transformative decade, poised to become a global hotspot for innovation and investment. With a surge in electric two-wheelers, cars, and commercial fleets, supported by favorable government policies and rising customer interest, the opportunities are boundless. However, challenges like low localization of parts and the need for robust charging infrastructure remain. Join us on November 21 for an exclusive webinar exploring strategic imperatives and growth opportunities in this dynamic landscape. Discover how automakers can align with India’s EV growth story, from leveraging supply chain innovations to tapping into funding opportunities that accelerate development. Secure your spot today! https://frost.ly/b1n #ElectricVehicles #EVIndia #SustainableMobility #FutureOfTransportation #EVGrowth Turab Khan | Prajyot Sathe | Manek Kohli

The first half of 2024 has witnessed a notable increase in electric vehicle registrations in India, with a notable 16% growth compared to the same period in 2023. This data, derived from the Vahan database, reveals that a total of 8,42,396 #electric #vehicles were registered between January and June 2024. This figure is significantly higher than the 7,23,492 registrations recorded during the same months in 2023. This substantial increase in electric vehicle registrations highlights a pivotal shift in the Indian automotive landscape. Several factors have contributed to this surge. Firstly, there is a heightened awareness among consumers regarding the environmental benefits and long-term cost savings associated with electric vehicles. Additionally, the Indian government, along with the Ministry Of Heavy Industries, has implemented supportive policies like FAME, PLI Auto and PLI ACC aimed at promoting the adoption of electric vehicles. Moreover, advancements in electric vehicle technology have made these vehicles more accessible and appealing to a broader range of consumers, thanks to the efforts of ACMA India, the Society of Indian Automobile Manufacturers (SIAM) and the industry. Improvements in battery technology, increased driving ranges, and the availability of a wider variety of electric vehicle models have all played a crucial role in driving this growth. The increase in electric vehicle registrations underscores the growing acceptance of this technology and reflects India's commitment to achieving a sustainable and green future. This trend is expected to continue, further solidifying India's position as a key player in the global transition to electric mobility.

Ready to invest in the future of cars? NSE has launched the "Nifty EV & New Age Automotive Index," which tracks companies working in electric vehicles (EVs) and new car technologies. It includes companies from the Nifty 500 index involved in EVs, new-age vehicles, or related technologies, like - making vehicles - batteries - components - raw materials EV and new-age vehicle manufacturers can make up to 40% of the index, with each stock limited to 8% Other stocks are capped at 4% The index is updated every six months and rebalanced quarterly to reflect the latest market trends India is promoting the EV sector because of its economic benefits, energy security, and environmental benefits And we can clearly see this through: - Providing subsidies and incentives to encourage EV adoption - Reducing taxes on EVs and charging infrastructure - Promoting research and development in EV technology - Building charging stations across the country - Encouraging the manufacturing of EVs in India - Setting targets for EV adoption in public transportation This index is a great way to keep an eye on and invest in the future of transportation! Reference: https://lnkd.in/daMygt5a Do follow - Prashant Bhapkar #NiftyEV #NewAgeAutomotive #InvestmentOpportunities #ElectricVehicles #FutureOfMobility #EV #India

Driving the Future: Why India Must Transition to Electric Vehicles? As the world grapples with the escalating climate crisis, India's shift towards electric vehicles (EVs) is not just a choice, but a necessity. Here are some compelling reasons why this transition is crucial for India's #sustainable future. Download the full report to delve deeper into the future of electric mobility in India - https://lnkd.in/g5qVMnzY Stay tuned with Praxis Global Alliance for more #PraxInsights from our compelling report 'ELECTRIFY30: Driving the Future of Mobility'. #ELECTRIFY30 #FutureOfMobility #ElectricMobility #EV #GreenerFuture #PraxisReport Society of Indian Automobile Manufacturers (SIAM) | Indian Venture and Alternate Capital Association (IVCA) | FICCI | NITI Aayog | ACMA India | SMEV | EMFAI

We are excited to announce that NSE Indices has launched the Nifty EV & New Age Automotive Index today. This is India's first thematic index that tracks the Electric Vehicles & New Age Automobiles segment. The index aims to monitor the performance of companies involved in the EV ecosystem or in the development of new age automotive vehicles and related technology. Since its inception on April 2, 2018, until April 30, 2024, the Nifty EV & New Age Automotive TR Index has delivered a Compound Annual Growth Rate (CAGR) of 20.1%. #Nifty #niftyindex #nse #compounding #growth #automotive #automobile #nseindices #InvestInFuture #ev #electricvehicle #India #NiftyEV #NSEIndia #Launch #Index