Lohia Auto plans to sell over 10,000 EV rickshaws in FY 2024-25, backed by a Rs 200 million investment in R&D, infrastructure, and new product development. The company is expanding its dealer network, localising production, and aligning with government initiatives to meet diverse urban and rural mobility needs
Read MoreThe full potential of the shared mobility space is still untapped within the travel and car rental ecosystem and can evolve further just like we’ve seen in e-commerce, food commerce, home rentals, and more, says Hiroshi Nishijima, CEO of Zoomcar
Read MoreGroup BillionE places a large order of 180 electric trucks
Read MoreLooking ahead, Magenta Mobility aims to further scale its fleet, targeting 4,000 electric three-wheelers and 1,000 electric four-wheelers by March 2025
Read MoreUnder the collaboration with Indian Postal Service, Thunder Plus will equip more post offices and public campuses with EV charging solutions
Read MoreThe trial covers a 332 km stretch from Chennai to Trichy including electric, hydrogen, and zero-emission freight vehicles for the first time, in addition to electric SUVs and buses tested in previous trials
Read MoreAs the Indian government gears up to launch FAME-3, the electric vehicle industry is facing significant challenges that could dampen the ambitious goals set by policymakers
Read MoreCurrently, Pure EV commands approximately 7 per cent market share at the Regional Transport Office (RTO) level in the EV segment
Read MoreDeliveries to be completed within next 24 months
Read MoreOla Electric, India's top electric two-wheeler manufacturer, saw a 20 per cent surge in its share price on its stock market debut, reaching a market capitalization of Rs 38,000 crores despite facing recent challenges in the EV sector.
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