Thursday, May 23, 2024
Outlook India
Outlook Business

Electric Vehicles Evs

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 government will expand the electric vehicle ecosystem to support charging infra, and e-buses for public transport networks will be encouraged

The state government has approved a special incentive package for the JSW Group's EV and component manufacturing projects at Naraj in Cuttack, and Paradip in Jagatsinghpur district

EVIFY offers a logistics management solution including fleet and driver management, route optimization, battery management, telematics, and financial services

Under the partnership, the company will invest Rs.50 crore to enhance the state’s EV charging infrastructure.

After the partnership, Bounce Infinity's entire range of scooters will be available through BikeWo's extensive network of dealers and outlets

The summit has resulted in 10+ MoU signings with PURE EV for exports of their motorcycle models

The company will use this funding to invest in cutting-edge technologies and expand its footprint across India

It plans to use the funds to expand to five new cities by the fiscal year 2024 and intends to enter the intercity e-bus segment in 2024

The funds are earmarked for bolstering manufacturing capabilities, introducing technologically advanced smart electric bicycles, and expanding offline presence