Electric Three-wheelers And Buses

If the transaction goes ahead, this will be the second largest investment by Hero in an electric vehicle (EV) maker

While everyone's attention is riveted on electric two-wheelers and cars, e-rickshaws have proliferated, putting the unorganised sector in the forefront

Most of the electric auto drivers charge at homes or at commercial establishments which have charging facilities. Some said they sneak charge at public places such as schools, malls, market places etc

4 others remain close on the heels of target

Over half all three-wheeler registrations are of electric vehicles; Surge in e-rickshaws puts category miles ahead of two-wheelers

Revfin plans to use the funds to expand its geographical footprint to 25 states and capture over 10 per cent national market share of financed electric three-wheelers

Launch is part of the group's strategy to focus aggressively on EVs, with e-3W under the brand Montra Electric, electric tractors under Cellestial Egat, electric HCVs under Rhino 5536 brand

Murugappa Group will also manufacture electric tractors this year through subsidiary

The wholly-owned subsidiary Atul Greentech Pvt Ltd designs and develops innovative solutions for last-mile electric mobility for domestic and export markets

The startup is currently present across 18 states with over 350 dealership locations and has partnerships with multiple original equipment manufacturers (OEMs)

Manufacturers hitch a ride on this fast-growing segment of the EV market, which is leading the electric mobility charge

Govt has reduced battery cost by 30% with industry participation