With this policy, Maharashtra aims to have 3 lakh electric vehicles a year by 2025, and has announced that starting April 2022, all new vehicles in the government fleet will be electric-only.
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.
In the first episode of the fortnightly show ‘Biz Buzz’, with Hero Electric’s MD Naveen Munjal as our special guest, we discuss the likely disruption in India’s e-scooter space, and the way forward.
Hero Electric wants to aggressively expand its footprint in the electric vehicle segment. Talking to Fortune India, the company's MD, Naveen Munjal, lays out Hero Electric's plans.
Hero Electric’s AE-47 motorcycle, AE-29 scooter, and AE-3 trike are expected to be launched by the end of 2020. The company plans to increase production to 500,000 units in the next three years.
