New Survey: Majority Favor Electric Vehicles by 2030

25 Sep 2024 CW Team

Participants expressed a willingness to pay a premium of up to 49% for electric vehicles compared to traditional petrol or diesel options. This positive sentiment is largely attributed to the rapid expansion of the public EV charging network, with over 6,000 charging stations currently operational in major cities and highways. This figure is projected to exceed 100,000 by 2027.

The survey highlights that government initiatives and proactive policies have fostered a conducive environment for EV adoption. However, it also notes that India must harness advanced technologies and production capabilities similar to those established by China in the EV sector. China excels in producing lithium-ion batteries, electric motors, and comprehensive charging infrastructure, essential for the effective deployment of EVs.

To overcome the challenges posed by China's dominance, collaboration with Chinese companies could be crucial for enhancing India's EV infrastructure. The survey suggests that leveraging China's experience in large-scale EV projects, including city-wide electric bus fleets and extensive charging networks, can provide valuable insights and strategies for India. By adopting lessons learned from China's journey, India can effectively navigate potential pitfalls and accelerate its transition to electric mobility.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

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Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..