Sunday, October 01, 2023
Outlook India
Outlook Business


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

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

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

Lohum will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM technology

Through this collaboration, dealers associated with Enigma, spanning the entire country, will have the advantage of exclusively accessing the suite of financing solutions provided by EZ Finance

The company will utilise the fund to meet its working capital needs

Range anxiety remains challenging for delivery partners relying on EVs for timely task completion

Earlier, permits were not being issued to battery operated passenger vehicles and those vehicles that run on methanol or ethanol fuel

The platform aims to utilise the acquired capital to enhance the technology and formulate a highly efficient EV asset and lending solution

It will use the fund to kickstart deliveries of the newly launched Rorr electric bike and fulfill the existing orderbook in addition to increasing production capacity and enhancing distribution network