BluSmart signs deal to add 4,000 Citroën ë-C3 EVs
BluSmart, which operates in Delhi NCR and Bengaluru, runs around 7,000 EVs currently.
BluSmart, which operates in Delhi NCR and Bengaluru, runs around 7,000 EVs currently.
Under the new policy, the automobile manufacturers is required to make a minimum investment of ₹4,150 crore or $500 million with no cap on maximum investment.
The new scheme will run for four months from April 1, 2024 to July 31, 2024
Gartner predicts that 15% of EV companies founded since the last decade will be acquired or bankrupt by 2027.
One old vehicle pollutes as much as 50 new vehicles, says Willard Cutler
The company aims to reportedly start production by the middle of next year for domestic sales, followed by exports.
Moody's says the global car industry will hit the past peak of 95 million vehicles by 2026.
Only 40% of surveyed consumers in India expect more than 400 kilometres of range as a prerequisite to consider an EV as a viable option for their next vehicle, shows Deloitte survey
The deal covers the supply of certain electric components as well as unified cells
Hybrid is not really the technology for the future that EV is, says Mahindra Group CEO Anish Shah