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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

India now tops world in e3w, second in e2W sales

Mumbai : In a commendable feat, India has now tops the world in electric 3-wheeler sales accounting for 57 pc of all global sales, and ranks second in electric 2-wheeler sales with a 6 pc world share in 2024, a new report on Zero Emission Vehicles (ZEV) transition released as the COP-3) in Brazil.   The COP-30 Progress Update, has attributed these achievements to the strong policies of the Indian government, especially PM E-Drive and FAME, that helped slash the price gaps between electric and...

India now tops world in e3w, second in e2W sales

Mumbai : In a commendable feat, India has now tops the world in electric 3-wheeler sales accounting for 57 pc of all global sales, and ranks second in electric 2-wheeler sales with a 6 pc world share in 2024, a new report on Zero Emission Vehicles (ZEV) transition released as the COP-3) in Brazil.   The COP-30 Progress Update, has attributed these achievements to the strong policies of the Indian government, especially PM E-Drive and FAME, that helped slash the price gaps between electric and petrol vehicles, pushing large-scale adoption across last-mile transport and encouraging major private investments.   India’s strategy to combat pollution levels has been to target the vehicles most common on its roads – two and three wheelers, which account for nearly 80 pc of the total automobiles sales in the country.   This targeted approach has led to a cycle where more sales encourage more investment, which further accelerates the market, as per the report shared by International Council on Clean Transportation (ICCT) India.   The PM E-Drive Scheme further boosts adoption by supporting the sale of 2.5 million e2w’s and 320,000 e3w’s, backed by a USD-315 million outlay for vehicles and charging infrastructure.   It has pushed private and public sector to act, like a major delivery company committing to convert its entire fleet into EVs in five years, some state and local governments assuring to partially convert their fleets of official or public transport vehicles to electric.   Even globally, EV adoption is increasing despite policy shifts in some advanced economies. EVs notched18 pc of all global light-duty vehicles in 2024, up from 14 pc in 2023, and likely to go up further this year.   With France, Spain, and Croatia showering more consumer incentives, UK and Canada refining ZEV mandates, the public charging points world over have doubled from 2.50 million (2022) to over 5 million now.   Racing to keep up, India has recorded a 23 pc year-on-year rise in light-duty EV sales from 2023 to 2024 and reaching a 2.9 pc EV share in early 2025.   The COP-30 report has lauded India’s FAME and PM E-Drive programs - and the EU’s AFIR regulation - as major forces speeding up the global move toward zero-emission mobility.   ICCT’s India Managing Director Amit Bhatt emphasized that electrifying India’s dominant vehicle segments is already delivering results. He termed as timely and essential next step the Centre’s fresh push to electrify medium and heavy-duty trucks – which comprise only 3 pc of the total vehicle stock but cough out 44 pc  of transport emissions. Clean & green leaders: India’s e3w & e2W The Faster Adoption & Manufacturing of Hybrid & Electric Vehicles (FAME) and PM E-Drive programs helped lower the upfront costs of electric 2 wheelers and electric 3 wheelers, making them price-competitive with ICE equivalents.   The transition has been powered by a strong collaboration between government and the private sector, particularly in last-mile delivery, with companies adopting EVs to save costs and working with rental partners to build out the ecosystem.   The quick expansion of EV charging networks in the world is driven by encouraging policies - with Europe’s reliance on deployment targets and India’s use of targeted incentives demonstrating two effective and scalable models, as per the COP-30 coming a day before the global meet ends on Friday.

Ready to 'wrap' tensions if India de-escalates: Asif

  • PTI
  • May 7
  • 2 min read

By Sajjad Hussain

Islamabad: Pakistan is ready to "wrap up" tensions with India, if New Delhi de-escalates the situation, Defence Minister Khawaja Asif said on Wednesday.


His remarks came hours after India carried out a military strike on terror targets in Pakistan and Pakistan-occupied Kashmir.


Asif was reported as saying by Bloomberg Television that Pakistan will only respond if attacked.


"We have been saying all along in the last fortnight that we'll never initiate anything hostile towards India. But if we're attacked, we'll respond. If India backs down, we will definitely wrap up this tension," he said.


Regarding the possibility of talks, the minister said he was not aware of any such potential engagements.


Indian Charge d'Affaires summoned

Pakistan on Wednesday summoned the Indian Chargé d'Affaires and lodged a strong protest against the Indian strikes.


“The Indian Chargé d'Affaires was summoned to the Ministry of Foreign Affairs today to receive Pakistan's strong protest over the unprovoked Indian strikes” at multiple locations across Pakistan and Pakistan-Occupied Kashmir, Foreign Office said in a statement.


It said that these strikes resulted in the deaths and injuries of several civilians, including women and children.


“It was conveyed that India's blatant act of aggression constitutes a clear violation of Pakistan's sovereignty. Such actions are in contravention of the UN Charter, international law, and established norms governing inter-state relations,” FO said.


Pakistan also firmly rejected what it called “India's baseless justifications for its hostile conduct.”


Pakistan closes airspace

Pakistan on Wednesday announced a 48-hour closure of its airspace for all air traffic after India carried out a military strike on terror targets in Pakistan and PoK.


Shortly after the military strike by India, Pakistani aviation authorities closed the airspace over Islamabad and Lahore and diverted flights to Karachi. Later, the entire airspace was closed for 48 hours as a precautionary measure.

However, aviation authorities reopened the airspace after an eight-hour closure.


International and domestic flights resumed this morning, with the majority of them departing from the Jinnah International Airport in Karachi or Lahore.


We will respond with full force. We will pay off this debt in the manner such debt is paid. All places are open for the international media to verify if they targeted terrorists' camps or civilians.

Khawaja Asif, Defence Minister, Pakistan

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