EVs likely to play a big role in transformation of urban mobility in India: Nikhilesh Mishra
February 05, 2021
Nikhilesh Mishra, Co-founder, Grinntech×
By 2025, many analysts predict EV sales in India approaching 4 million units annually, says Co-founder of Grinntech
Tesla’s imminent entry into India has stirred up even more interest about electric vehicles, an auto industry sector that has already been abuzz with activity. Aspiring new entrants and an expectedly favourable policy environment are generating unprecedented interest in the EV ecosystem.
Many of the newcomers in the Indian EV space are similarly circumstanced, like Tesla, which was a Silicon Valley start-up in its early days, with no prior expertise in making automobiles, but with a passionate, visionary technocrat at its helm. Emerging from hype into reality, EVs across categories in India are witnessing significant action today. Driven by the burgeoning start-up ecosystem, new companies and their EVs are being announced almost every day.