The renewables and e-cars link

Renewables means savings on power and that means an even stronger case for electric mobility

There are two sides to India’s electricity market — new and old. On the side of the new, there are young, innovative companies carving out business models within regulatory limitations. On the other side is the familiar story of revenue leakage, outstanding dues of billions of rupees and government bailouts.
 
Lithium Urban Technologies, a provider of electric car fleets to companies in India, is one of the companies tapping into new opportunities. It offers “up to 40 per cent” savings to clients switching from their conventional fossil-fuel vehicles fleet as electric vehicles are cheaper to run. They can be