Saturday, April 13, 2024
Outlook India
Outlook Business

Electric Vehicle

The multi-brand EV platform has partnered with TVS to deploy premium e-scooter iQube for deliveries on a rent-to-own model, where the delivery personnel of Zomato will be able to get ownership of the EV at the end of three or more years of rental tenure.

Emphasising the need to give support to the electric vehicle sector, Finance Minister Nirmala Sitharaman announced that the government will expand the ecosystem by supporting charging infrastructure, etc.

The funds raised will be used to improve product offerings, focusing on safety and scalability in the gig economy

Oben Electric plans to expand its footprint to all metro cities by the end of this fiscal year ensuring wider access to its electric motorcycle

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

Globally, the electric car market has hit the 10 million mark and 18 per cent of the new cars sold are electric, he said

In FY22, Chetak electric scooter clocked sales of 8,187 units, as per Bajaj Auto's Annual Report for 2022-23.

The company also aims to cater to the needs of customers residing in remote locations, making it easier for them to adopt electric vehicles

These incentives will be provided on electric two-wheelers, e-cycles, e-rickshaws, e-autos and electric light commercial vehicles

In February, Ola signed a memorandum of understanding with the Tamil Nadu government committing investments of Rs 7,614 crore for manufacturing electric cars, two-wheelers and lithium cell gigafactories in the state