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Last Mile Mobility: A Bengaluru-based startup, Emobi, intends to enter the diverse segments of electric vehicles, including last-mile delivery, passenger transport, utility vehicles, and personal commuting in collaboration with various prominent players in the segment. ....
EV makers share their view on Interim Budget 2024 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Budget News: Discover the expectations of the EV industry from Budget 2024 in India. Learn about the need for FAME-II extension, reduced GST on li-ion batteries, and other incentives to support the growth of the EV sector. Find out what industry stakeholders have to say about government support, subsidies, and policy reforms. ....
Smaller players manufacturing electric two-wheelers (E2Ws) are unlikely to raise prices of their models initially in 2024 in order to ensure volumes do not drop.
The prices of E2Ws range from Rs 90,000 to Rs 1 lakh, the players being Lohia Auto, Godawari Electric, Emobi, etc.
As India s E2W sector gears up to go past one million in 2024, manufacturers are likely to maintain price stability, underpinned by strategic independence from subsidies under Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles II (FAME II), localisation efforts, sustainability initiatives, and a focus on affordability. ....
Emobi Two Wheelers: Emobi has developed an E2W using Musashi’s high-performance powertrain with the battery swapping solutions provided through Honda Power Pack Energy India. The E2W is designed for performance, reliability and affordability, targeting a best-in-class vehicle for the last mile delivery / bike taxi segments, the company said. ....