The big electric scooter battle
Ola Electric has plans for a mega facility that will make one e-scooter every two seconds. But before Ola conquers the world, it has to contend with local rivals and India’s anaemic EV sales.
electric vehicles
April 2021
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Half of all vehicles to be electric by 2030: Schwenk
Mercedes-Benz India MD and CEO Martin Schwenk says there is a shift towards more sustainable tech in the auto sector, but it will have to be supported by a conducive framework.
India’s EV space heats up with Ola’s entry
Ola is expanding into the EV space with an electric scooter factory in Tamil Nadu, where it will deploy ABB's robots. But it will face stiff competition from top players in the EV space.
A green Budget for a cleaner India
Finance Minister announces a slew of proposals in the Budget to boost the renewable energy sector.
World’s richest man Elon Musk has a gift for India
Bookings for Model 3 will start soon in India. Seen as Tesla’s official entry into the country, it has raised hopes for the future of India’s nascent EV segment.
Government bets big on EVs, but is it enough?
Earlier this week, union minister Nitin Gadkari announced a slew of measures meant to benefit the electric vehicles industry in India. The sector is enthused, but deeper challenges still abound.
Buses will come back in fashion: JBM
Nishant Arya, executive director, JBM Group, tells Fortune India that while Covid-19 has hit commercial vehicles, demand will pick up and there will be a shift towards cleaner engines.
Ather Energy bets big on EV chargers
Electric vehicle maker Ather Energy said that it aims to set up one of the biggest public charging infrastructure in India.
Euler Motors raises ₹20 crores in Series A funding
The investment was led by Inventus Capital India, along with Blume Ventures, US-based Emergent Ventures, Singapore-based Jetty Ventures, and Udaan’s co-founder Sujeet Kumar.
Mercedes-Benz to launch 10 EVs in India
MD and CEO Martin Schwenk says he wants to cater to all segments—from an electric car to a super sports car, to SUVs, to the limousine.
