Tag: automotive industry

Electric Vehicles Are Testing the UK’s Love of Small Cars
Technology

Electric Vehicles Are Testing the UK’s Love of Small Cars

[ad_1] It's 4 p.m. on a wet Monday in southeast London, and we're trying to parallel park uphill, a necessary if unpleasant rite of passage for any city driver. Our electric car, a bright red Ora Funky Cat, has been through a battery of such rites today — hauling furniture, ferrying passengers, avoiding pedestrians — and takes to London's streets like it was made for them. On the slippery surface of a narrow road, the Ora EV excels: At just over 4 meters (13 feet), it's easy to parallel park. The Funky Cat is a head-turning EV with a fun design to match its name; there's a hint of Porsche in the flared front fenders and squat haunches. The Asian-made car, which went on sale last fall, is also prowling around a sweet spot in the UK's EV market: models small and light enough that a modest...
Why the Indian EV consumer prefers two-wheelers
Technology

Why the Indian EV consumer prefers two-wheelers

[ad_1] The Indian Electric Vehicle (EV) market has been spinning recently, and two-wheelers are the clear winners in this race on Indian roads. Electric cars might be attracting the global EV consumer, but the Indian EV consumer is clearly showing a preference for two-wheelers.The Indian automotive industry saw a sharp increase in two-wheeler sales in the financial year 2022. According to the Society of Indian Automobile Manufacturers (SIAM), in the first two months of this fiscal year, sales of two-wheelers in the local market increased 16% year-on-year to 2,810,138 units. Statista estimates that the Indian demand for EV two-wheelers could reach as much as 8.2 million units annually, looking at the country's massive market potential. This projected demand makes up a crucial part of the...