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With the right push, India could produce 50 million EVs by 2030: Ola’s Bhavish Aggarwal

autherAutocar Pro News Desk     calendar17 Jul 2024

“As the world's third-largest auto market, India has enormous potential in the EV sector. However, our current auto penetration is less than 200 vehicles per 1000 people, and we sell 2 million EVs annually compared to China's 30 million. Th...

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Ola looks at revised USD 4.5 billion valuation to go public: Report  News
Ola looks at revised USD 4.5 billion valuation to go public: Report 

autherAutocar Pro News Desk calendar16 Jul 2024

The company was valued at USD 5.4 billion in its latest funding round in September where Temasek was the lead investor...

‘India's e-mobility sector poised for significant growth’: HD Kumaraswamy  News
‘India's e-mobility sector poised for significant growth’: HD Kumaraswamy 

By Mayank Dhingra and Kiran Murali calendar16 Jul 2024

The Union Minister for Heavy Industries believes that continued advancements in EV technology, increasing consumer awa...

‘Industry has 15 years to bridge skill gap in electrification’: Sudhendu J Sinha News
‘Industry has 15 years to bridge skill gap in electrification’: Sudhendu J Sinha

By Mayank Dhingra  calendar16 Jul 2024

The Advisor to the NITI Aayog champions the cause of cross-domain engineering courses, as well as hands-on training to...

VinFast breaks ground on Indonesian plant, delays US facility opening to 2028 News International
VinFast breaks ground on Indonesian plant, delays US facility opening to 2028

By Ajit Dalvi calendar16 Jul 2024

In what clearly marks a shift of focus to emerging markets, Vietnamese EV OEM breaks ground on Indonesian plant which ...

Top 5 electric scooters perfect for carrying more News
Top 5 electric scooters perfect for carrying more

By Dinshaw Magol, Autocar India calendar13 Jul 2024

The electric scooters on this list highlight the growing focus on storage solutions in the electric scooter market, of...

Int’l research body calls on India to restore FAME II subsidies for two-wheelers News
Int’l research body calls on India to restore FAME II subsidies for two-wheelers

autherAutocar Pro News Desk calendar12 Jul 2024

It noted that without subsidies, an electric two-wheeler can cost twice as much as the a petrol two-wheeler, the repor...

Electric 2-wheelers to become cheaper than ICE variants in 4-5 years - report News
Electric 2-wheelers to become cheaper than ICE variants in 4-5 years - report

autherAutocar Pro News Desk calendar12 Jul 2024

Under the ₹15,000 per kWh subsidy scenario, upfront cost parity for short- and mid-range E2Ws would be expected to eme...

Vidyut forays into sale and financing of Used EVs to build a full-stack EV ecosystem News
Vidyut forays into sale and financing of Used EVs to build a full-stack EV ecosystem

autherAutocar Pro News Desk calendar11 Jul 2024

n February, Vidyut raised $10 million in its Series A fundraise, led by 3one4 Capital.

BGauss eyes gig economy with fixed, swappable battery scooters News
BGauss eyes gig economy with fixed, swappable battery scooters

By Amit Vijay M calendar11 Jul 2024

Bgauss also plans to double its overall investment in the next 12-24 months.