The dearth of public charging stations impedes widespread adoption of EVs in India—with the gap big enough for everyone from OEMs to startups to public-private partnerships to have skin in the game.
UK-based British International Investment (BII) will invest up to ₹1,925 crore into a new subsidiary of M&M which will focus on four-wheel passenger electric vehicles.
Bharat Forge has decided to consolidate its e-mobility business under its wholly-owned subsidiary, Kalyani Powertrain, for a better strategic alignment.
After Ford announced not to make EVs, withdrew from PLI, and revive its plans to shift out, Tesla has decided not to sell EVs in India, jeopardising its future plans to manufacture in India.