New energy vehicles to gain acceptance by 2030: Survey

25 Sep 2024 CW Team

A recent survey revealed that a majority of new car buyers are expected to embrace new energy vehicles (NEVs) by 2030. According to the study conducted by Urban Science and The Harris Poll, around 83% of the 1,000 Indian participants said they would consider purchasing an NEV within the next decade. Additionally, buyers indicated a willingness to pay up to 49% more for an electric vehicle compared to a conventional petrol or diesel model.

The growing acceptance of NEVs in India is attributed to the rapid expansion of the public EV charging network, with over 6,000 stations already in operation across major cities and highways. This number is projected to exceed 100,000 by 2027, further bolstering the positive outlook for electric mobility.

The survey highlighted India's need to access advanced technology and production scale, similar to what China has achieved in the electric vehicle (EV) sector. China's dominance in lithium-ion battery production, electric motors, and charging infrastructure serves as a valuable reference for India's EV ambitions. Collaborating with Chinese companies could help India accelerate its EV development, making electric cars more affordable and accessible. The survey emphasised that learning from China's large-scale EV projects could enable India to avoid common challenges and fast-track its transition to electric mobility.(ET)

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..