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<br /><ul><li><keyword id="2470415" type="PERSON" weightage="20" keywordseo="tesla-model-3">Tesla Model 3</keyword>, <keyword id="2588104" type="PERSON" weightage="20" keywordseo="Tesla-Model-X">Tesla Model X</keyword> and <keyword id="468658" type="ORGANIZATION" weightage="20" keywordseo="Nissan-Leaf">Nissan Leaf</keyword> are the top three most searched for electric cars on Google.<br /></li><li>The Tesla Model 3 has a significant lead over the others garnering 54.7% of the search traffic surveyed.<br /></li><li>The Tesla Model 3’s popularity can be attributed partially to Elon Musk and partially to the fact that its the cheapest Tesla car to date — if it would only get delivered.<br /></li></ul>Electric cars are the next generation of transportation and everyone looking to do their part to save the environment. <br /><br />An increasing amount of people are searching for EVs online. Tesla Model 3, <keyword id="1633343" type="PERSON" weightage="20" keywordseo="Tesla-Model-S">Tesla Model S</keyword> and Nissan Leaf are their most popular choices. Elon Musk’s Tesla rules as three of its cars — Tesla Model X included — are in the top 5, according to <a href="https://www.comparethemarket.com/car-insurance/content/most-searched-electric-vehicle/">Compare the Market.</a><br /><br />In India, the most searched vehicle is the Tesla Model 3, and it hasn’t even launched in the country yet. <br /><br />Globally, electric car sales rose by 72% in 2018 and will continue to grow in 2019, according to EV sales.<br /><br /><strong>Here’s a quick look at the EVs that are exciting users the most around the world:</strong><br />

Top 10 electric cars that people are excited about

Top 10 selling cars in India in July 2024 – 6 out of 10 are from Maruti Suzuki

Top 10 selling cars in India in August 2024

<ul><li><strong>Shares of some Indian automobile companies have lost over 40% of their value since the start of the year.</strong></li><li><strong>Car makers have been the worst hit by the slump in demand triggered by slump in the Indian economy that has hit consumption.</strong></li><li><strong>The Narendra Modi government's rush to get people to move to electric cars is making business worse for makers of traditional cars that run on fossil fuels like petrol and diesel.</strong></li></ul>Indian car makers are in dire straits. Sales have been falling for eight straight months now with no respite in sight. A weaker economy, rising unemployment and pessimism among consumers have led to a steady fall in demand for discretionary products like cars.<br /><br />
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
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<br />The crisis has cost investors too. Share prices of car makers, which include some of the marquee names of corporate India, have lost a lot value-- some of them over 40% -- since the start of 2019. And now, there is more bad news that has taken the wind out of auto stocks like Ashok Leyland, Maruti Suzuki, Tata Motors, and M&amp;M today.<br /><br /><table style="width: 169pt;"> </colgroup></colgroup>  <tbody><tr> <td class="xl65" style="height:15.0pt;width:73pt"><strong>Stock</strong></td> <td class="xl71" style="border-left-width: initial; border-left-style: none; width: 48pt;"><strong>July 29</strong></td> <td class="xl66" style="border-left-width: initial; border-left-style: none; width: 48pt;"><strong>Last 1 Year</strong></td> </tr> <tr> <td class="xl67" style="height: 15pt; border-top-width: initial; border-top-style: none;">Ashok Leyland</td> <td class="xl69" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-3.44%</td> <td class="xl72" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-35.95%</td> </tr> <tr> <td class="xl67" style="height: 15pt; border-top-width: initial; border-top-style: none;">Maruti Suzuki</td> <td class="xl69" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-3.75%</td> <td class="xl72" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-40.48%</td> </tr> <tr> <td class="xl67" style="height: 15pt; border-top-width: initial; border-top-style: none;">Tata Motors</td> <td class="xl70" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-5%</td> <td class="xl72" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-45.94%</td> </tr> <tr> <td class="xl68" style="height: 15.75pt; border-top-width: initial; border-top-style: none;">M&amp;M </td> <td class="xl73" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-1.60%</td> <td class="xl74" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">-39.23%</td> </tr></tbody></table><br />The government wants more Indians to adopt electric vehicles, and dump their old cars that run on fossil fuels like petrol and diesel. Electric cars may be better for environment but there are many concerns including the feasibility for customers and the availability of infrastructure to name a few.<br /><br />The government has cut the <a href="https://www.businessinsider.in/gst-council-slashes-tax-on-evs-and-ev-chargers/articleshow/70407724.cms" data-type="tilCustomLink" target="_blank">goods and services tax on electric cars</a> to less than half and <a href="https://www.businessinsider.in/union-budget-2019-indian-government-announces-tax-subsidy-for-purchasers-of-electric-vehicles/articleshow/70091003.cms" data-type="tilCustomLink" target="_blank">offered tax rebates</a> on interest paid loans taken to buy electric cars, aside from setting aside <a href="https://www.businessinsider.in/electric-vehicles-policy-under-fame-ii-offers-incentives-for-local-manufacturing-and-subsidies-for-buyers/articleshow/68314114.cms" data-type="tilCustomLink" target="_blank">a ₹100 billion earlier this year</a> to incentivise electric car manufacturing in India.<br /><br />
  
  
  
  
  
  <div type="ExtQuote" text="While the EV segment is still facing challenges of limited product availability, charging infrastructure constraints and product viability issues, the government is stepping up its efforts to kick-start its adoption, and appears willing to raise the regulatory burden on conventional vehicles to incentivise the former." auname="CLSA (a global broking house)"></div>











<br /><strong>More bad news<br /></strong><br />The Ministry of Road Transport and Highways has come up with a draft policy to promote old car owners to scrap their vehicles in exchange for free registration for a new car. However,  for those who can't avail the incentive, the registration fee will rise up to 40 times.<br /><br /><table style="width: 321pt;"> </colgroup></colgroup>     <tbody><tr> <td class="xl64" style="height:15.0pt;width:137pt"><strong>Proposed Fees</strong></td> <td class="xl65" style="border-left-width: initial; border-left-style: none; width: 86pt;"><strong>New Registration</strong></td> <td class="xl65" style="border-left-width: initial; border-left-style: none; width: 26pt;"><strong>Hike</strong></td> <td class="xl65" style="border-left-width: initial; border-left-style: none; width: 46pt;"><strong>Renewal</strong></td> <td class="xl66" style="border-left-width: initial; border-left-style: none; width: 26pt;"><strong>Hike</strong></td> </tr> <tr> <td class="xl67" style="height: 15pt; border-top-width: initial; border-top-style: none;">Two-wheeler</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹1,000</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">20x</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹2,000</td> <td class="xl68" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">40x</td> </tr> <tr> <td class="xl67" style="height: 15pt; border-top-width: initial; border-top-style: none;">Three-wheeler</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹5,000</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">17x</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹10,000</td> <td class="xl68" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">33x</td> </tr> <tr> <td class="xl67" style="height: 15pt; border-top-width: initial; border-top-style: none;">Private car</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹5,000</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">8x</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹15,000</td> <td class="xl68" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">25x</td> </tr> <tr> <td class="xl67" style="height: 15pt; border-top-width: initial; border-top-style: none;">Taxi</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹10,000</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">10x</td> <td class="xl63" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹20,000</td> <td class="xl68" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">20x</td> </tr> <tr> <td class="xl69" style="height: 15.75pt; border-top-width: initial; border-top-style: none;">Medium and heavy vehicles</td> <td class="xl70" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹20,000</td> <td class="xl70" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">13x</td> <td class="xl70" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">₹40,000</td> <td class="xl71" style="border-top-width: initial; border-top-style: none; border-left-width: initial; border-left-style: none;">26x</td> </tr></tbody></table>Source: <a href="https://www.rushlane.com/new-car-registration-free-12318654.html" data-type="tilCustomLink" target="_blank">Rush Lane</a><br /><br />"The government also intends to increase the cost of ownership of old vehicles by raising charges for their registration renewal. We, however, believe the above policy measures will be unable to trigger much replacement demand and hence are unlikely to provide much of a boost to auto demand. First, the number of vehicles that are older than 15 years and still in active use is very limited. The owners of such vehicles will usually have limited financial capability to buy new or other vehicles in the secondary market (even if incentives are transferrable), and hence are less likely to go for this voluntary scrappage scheme," CLSA explained.<br /><br />Car makers have had to offer deep discounts to bring people into showrooms. These discounts are far more than the incentive available on registration renewals and yet, they have failed to revive demand for cars. The policy squeeze will be an added burden on the companies.<br /><br /><strong>SEE ALSO:</strong><br /><a href="https://www.businessinsider.in/gst-council-slashes-tax-on-evs-and-ev-chargers/articleshow/70407724.cms" data-type="tilCustomLink" target="_blank">Buy electric vehicles for less now, GST council slashes rate from 12% to 5%</a><br /><br /><a href="https://www.businessinsider.in/nissan-may-lay-off-over-1700-employees-in-india/articleshow/70389996.cms" data-type="tilCustomLink" target="_blank">Nissan may lay off over 1,700 employees in India as car sales slow down</a><br /><br /><a href="https://www.businessinsider.in/Top-10-electric-cars-that-people-are-excited-about/Tesla-Model-X-507990-searches/slideshow/70404198.cms" data-type="tilCustomLink" target="_blank">Top 10 electric cars that people are excited about</a><br /><br /><br />

India's push for electric vehicles is haemorrhaging car makers

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Reuters/Kim Kyung Hoon</span></p></div><p></p></div></div>Major car makers from around the world are in Germany for the Frankfurt Motor Show - and this year's gathering looks like it will be a big year for electric cars.</p><p>We rounded up the electric car models that are set to make their international debut.</p><p>While some of these are still concepts, several are headed for production and could challenge Tesla in the coming years. </p><p>Scroll down for a closer look:</p>

10 electric cars that could challenge Tesla

Tata Motors dominates the EV car market in December with Tiago leading the charge

<div style="float: right; margin: 15px 0 20px 20px;"><table border="0" cellspacing="0" cellpadding="0"><tbody><tr><td colspan="2"><a href="https://static-ssl.businessinsider.com/category/chart-of-the-day"> </a></td></tr><tr><td><a href="http://www.businessinsider.com/category/chart-of-the-day"></a></td><td><a href="http://www.businessinsider.com/public-concern-increase-safety-self-driving-vehicles-charts-2018-4"></a></td></tr></tbody></table></div><div><div itemprop="articleBody"><p>The electric car market now offers consumers more options than ever before.</p></div><div itemprop="articleBody"></div><div itemprop="articleBody"><p>A report<a href="http://www.bcse.org/sustainableenergyfactbook/#"> by Bloomberg New Energy Finance </a>tallied the number of battery-powered, plug-in hybrid, and fuel cell vehicle models that have been available in the US and Canada for the past nine years and found that more and more car makers are creating electric cars. <a href="https://www.statista.com/chart/13465/electric-vehicle-models-available-in-north-america/">This chart by Statista</a> shows just how much the electric car market has grown in the US: Consumers can now choose from 54 different electric car models, while in 2008, only four were available for purchase. </p></div><div itemprop="articleBody"></div><div itemprop="articleBody"><p>The number of car models with electric batteries, such as the Tesla Model S, continues to grow. But the biggest increase has been the availability of plug-in hybrid vehicles, which now account for the largest category of electric vehicles in North America.</p></div></div><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Jenny Cheng/Business Insider</span></p></div><p></p></div></div></p><p class="tagline">Get the latest Tesla stock price<a href="http://markets.businessinsider.com/stock/TSLA-Quote"> <strong>here.</strong></a></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/top-10-games-coming-2018-nintendo-playstation-xbox-sony-call-of-duty-2018-3">The top 10 games coming in 2018</a></h3>        <div>                    </div>    </div>

A big shift happened in the market for electric cars last year and it says a lot about the kinds of cars Americans want

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Top 10 electric cars that people are excited about

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