Saturday, April 20, 2024
Outlook.com
Outlook India
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Electric Mobility

The move will enable students to access sustainable modes of transportation that will reduce their dependence on fossil fuel-run vehicles

The perception that upper-income households predominantly purchase electric vehicles as secondary vehicles can be attributed to its high upfront cost

The EV start-up company hopes to establish its base across 12 states in India

Trigo Electric will procure 10,000 electric bikes from AMO Mobility within six months

The remaining 8,000 of these vehicles will be deployed over the next two months, Zypp Electric said.

The firm is aiming to deploy an additional 1,200 e-buses, which will require the establishment of more charging infrastructure, and is currently running e-buses on intercity routes under the NueGo brand

Prior to this, the company bagged $3 million in a seed funding round

With the new funding round, which is also the company’s first, Yulu is planning to add more than one lakh two-wheelers to its fleet, and over 500 battery charging and swapping stations in the next 12 months