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At Okaya EV, we are actively shaping the future of electric mobility: Dr Anshul Gupta

At Okaya EV, we are actively shaping the future of electric mobility: Dr Anshul Gupta
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What electric two-wheeler makers need from Budget

The Indian EV market continues to expand with rising sales of electric two-wheelers (E2W). E2W sales in FY23 nearly tripled compared to FY22, reaching 7,28,054 units. However, subsidies under the FAME Scheme were reduced, leading to a slowdown in sales earlier this year. Despite this, sales are expected to surpass the previous year s figures but fall short of Niti Aayog s target. Industry players emphasize the need for continued government support, including FAME subsidies and EV tax exemptions.

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Electric Vehicle Market Growth CAGR 18% During 2023-2032 | Xcellent Insights

Electric Vehicle Market Growth CAGR 18% During 2023-2032 | Xcellent Insights
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Life without FAME: How costly will electric two-wheelers be sans subsidy?

The Indian government plans to extend the FAME scheme, promoting electric vehicle adoption. However, subsidies for electric two-wheelers may end, leading to a potential 17-20% price increase. Industry experts, like Dr. Anshul Gupta, foresee a challenging transition but anticipate declining costs over time due to increased production volumes.

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OKAYA EV partners with J&K Bank to promote electric mobility

NL Corresspondent Jammu Tawi: Okaya EV, a leading electric vehicle manufacturer, has entered into a strategic partnership with J&K Bank to promote sustainable financing practices. They recently signed a Memorandum of Understanding (MoU) with Okaya EV Pvt. Ltd., focusing on financing electric two-wheelers manufactured and marketed by the company. J&K Bank is set to become

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