Monday, April 15, 2024
Outlook India
Outlook Business

Electric Vehicle Sector

Vidyut will now offer EV insurance, Lifecycle Management, and EV resale and devote the fresh funds to scale its offering to the EV ecosystem.

The subsidies for electric vehicles have been increased to Rs 7,048 crore, with Rs 5,311 crore dedicated to electric two-wheelers.

India is witnessing a transformative shift toward electric vehicles, aiming for a 30 per cent market share by 2030. EV financing, with the retail vehicle finance industry expected to shift, plays a vital role

ARC Electric claims that it is on track to become India's top B2B service provider in the next fiscal year