Ola Electric, one of the big electric two-wheeler companies, has been facing difficulties for the last few months. The company is under investigation regarding complaints of lack of service. Ola Electric sales have also decreased last month. Two executives associated with the company’s senior management have also resigned. Ola Electric said in a stock exchange…
Ola Electric, one of the big electric two-wheeler companies, has offered benefits like discounts and free warranty on its electric scooters. The company’s sales have fallen in the last few months. Ola Electric has announced this discount on the occasion of increasing the number of its stores four times. A discount of up to Rs…
The market for electric vehicles (EV) has grown rapidly in the last few years. Road Transport and Highways Minister Nitin Gadkari said that the country’s EV industry can reach around Rs 20 lakh crore by 2030. This industry is currently worth Rs 4.50 lakh crore. There is a possibility of creation of about five crore…
Sales of Electric Vehicles (EV) have increased rapidly in the last few years. To meet the demand for public charging for EVs in the country, a capital expenditure of about Rs 16,000 crore is required by 2030. Measures have also been taken by the Central Government to promote EV. This information has been given in…
The number of electric vehicles (EV) has increased rapidly in the last few years. EV does not cause pollution and the cost of running it is also low. Most of the people involved in an international survey regarding these vehicles have said that they will not buy a vehicle with petrol or diesel engine again….
Hyundai Motor, one of the major automobile companies, has announced the installation of 600 fast charging stations for Electric Vehicles (EV) in India. These charging stations will be installed near highways and in big cities. To rapidly expand the number of EVs, it is important to have robust charging infrastructure. Hyundai, which recently got listed…
Sales of electric two-wheelers have increased rapidly in the last few years in the country. Bajaj Auto had launched Chetak electric scooter in this segment. Chetak Electric has received good response from customers. Bajaj Auto has prepared to launch its next version. There may be some improvements in comparison to the previous version of Chetak…
Hero MotoCorp, one of the big two-wheeler companies, has expanded its range of electric scooters. The company has launched the electric scooter VIDA V2. VIDA V2 will be available in three variants. Its starting price is around Rs 96,000 (ex-showroom), Delhi. This electric scooter has a stylish design. It has removable battery packs. The price…
The number of Electric Vehicles (EV) is increasing rapidly in the country. The capital Delhi has the leading position in this segment. About 11.5 percent of the total vehicle registrations in Delhi are EVs. Charging infrastructure for electric vehicles is also being expanded rapidly in the capital. According to a report by Yes Bank and…
Some measures have been taken by the Central Government to promote Electric Vehicles (EV). In this series, the Heavy Industries Ministry had introduced the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II Scheme. Although this scheme has ended, three electric two-wheeler companies are being investigated on suspicion of fraudulently taking incentives. These companies include…