Author
CEO, and Co-founder of Revamp Moto.
Second-life batteries are used batteries from electric vehicles that have reached the end of their useful life in the vehicle but can still retain a significant amount of their original capacity
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The Indian EV market is projected to grow significantly over the next decade. The industry has seen a significant increase in sales of electric vehicles, with a 1.5 times growth rate in the past year
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In the recent Union Budget, they also announced The National Green Hydrogen plan and the government’s allocation of 35,000 Crores in the Energy Sector
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For the upcoming Union Budget for 2023, the auto industry is expecting concrete plans on some crucial key areas like EV Charging Infrastructure Support, Incentives for in-house Battery Production, Reduced Trade Duties and Tax Rates, etc...
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The industry has observed a 1.5x jump in EV sales in the past year with approximately 2 lakh high-speed vehicles being registered in 2022-2023
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India is the fifth largest car market in the world and has the potential to become one of the top three in the near future — with about 40 crore customers in need of mobility solutions by the year 2030
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