SUN Mobility to scale its battery swapping stations for faster EV adoption in Bengaluru yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
India s EV revolution is spreading from auto rickshaws to motorbikes | News business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
India s urban landscape is rapidly evolving, especially in its bustling cities. A decade ago, the iconic auto-rickshaws were predominantly diesel-powered, with electric versions being a rare novelty. Fast forward to today, and Delhi leads the charge in transitioning to battery-powered three-wheelers, capturing 54% of the market. This shift is driven by the cost-effectiveness and efficiency of electric models, prompting even Uber s CEO to explore the trend. The financial allure of electric vehicles extends beyond three-wheelers, with manufacturers now eyeing the two-wheeler market. This shift, if replicated, could significantly impact India s oil demand, especially in the face of rising fuel prices.
Unlike the US where luxury cars are electrifying first, India is moving in the opposite direction. Electrification of conventional cars and SUVs is still moving at a snail’s pace, winning just a 2% share of four-wheeler sales last year. E-rickshaws aren’t just cleaner and quieter they’re more profitable, too, and sales are exploding. By 2030, batter-powered two-wheelers could account for 60% of sales. When the EV revolution arrives in India, it will come from the bottom up