Leasing is becoming a key driver in electric vehicle (EV) sales in India, especially as the high upfront cost remains a barrier to adoption. Companies like Quiklyz, Ayvens, and Lithium Urban Technologies are witnessing significant growth in the EV leasing business. Fleet operators and logistics companies find leasing more economical than purchasing due to lower total cost of ownership and the ability to channel capital to other parts of their business. Leasing also offers flexibility and technology risk mitigation in the rapidly evolving EV industry.
At the moment, deliveries for this year are likely to be less than last year. A challenging environment, the Ev Market globally is slowing and lots more competition is rising particularly in china which can make Electric Vehicles at low cost. Talk to me about Electric Vehicles at low cost. Talk to me about that Electric Vehicles at low cost. Talk to me about that competition, if people are thinking of making a switch, given the cost of living crisis, they might think they cant afford tesla, they should go for a cheaper chinese one, is that hurting the Bottom Line . We cheaper chinese one, is that hurting the Bottom Line . The Bottom Line . We are seeing a wave of chinese the Bottom Line . We are seeing a wave of chinese cars the Bottom Line . We are seeing a wave of chinese cars in the Bottom Line . We are seeing a wave of chinese cars in europe, l the Bottom Line . We are seeing a L Wave of chinese cars in europe, the ports are full of chinese Electric Vehicles. They are not only chea
Elon Musk s intended visit to India involved his meeting with PM Modi this month.Musk cited "heavy Tesla obligations" in an X post on Saturday as the cause