Electric vehicle sales projected to surge in 2023

08 Jan 2024 CW Team

Projections indicate a substantial surge in electric vehicle (EV) sales in 2023, reflecting the growing momentum towards sustainable transportation. The electric vehicle market is expected to witness a significant uptick, driven by factors such as increased consumer awareness, supportive government policies, and advancements in EV technology.

The forecasted growth in EV sales for 2023 is a testament to the accelerating shift towards cleaner and eco-friendly mobility solutions. With an increasing focus on reducing carbon emissions and combatting climate change, consumers are increasingly embracing electric vehicles as a viable and environmentally conscious mode of transportation.

Government initiatives and incentives, aimed at promoting electric mobility, play a pivotal role in propelling the surge in sales. Subsidies, tax benefits, and infrastructure development are among the key drivers fostering the adoption of electric vehicles, making them more accessible and appealing to a broader consumer base.

Technological advancements in battery technology, coupled with a growing network of charging infrastructure, contribute to the enhanced feasibility and acceptance of electric vehicles. As the automotive industry undergoes a transformative phase, with major players investing in electric vehicle development, the projected surge in sales signifies a significant milestone in the broader electrification of the transportation sector.

The anticipated growth in electric vehicle sales in 2023 underscores a paradigm shift towards sustainable transportation solutions, marking a pivotal moment in the global automotive landscape. This trend aligns with the increasing recognition of the need for cleaner and greener alternatives in the pursuit of a more environmentally sustainable future.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..