Sunday, May 19, 2024
Outlook.com
Outlook India
Outlook Business

Transportation

The fund has invested Rs 5 crore across five start-ups

While government support in the form of subsidies, taxes and policy reforms is instrumental, the responsibility of propelling this transition rests on the shoulders of the industry itself

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

The four-year-old company currently claims to have established a network of over 350 buses serving more than 500 cities in India

In her Union Budget 2023 presentation, Finance Minister Nirmala Sitharaman claimed that the government would provide an exemption on capital goods and machinery needed for producing lithium-ion batteries for electric vehicles EVs

KKR’s three infrastructure investment platforms operate and manage 33 assets valued at over $3.8 billion across India’s 22 states or union territories