JBM Auto and Goldstone Infratech have more than doubled since April
MG Motor India aims to launch its first product in 2019 and follow it up with another a year later
Electric vehicles sales for last financial year stood at 22,000 units, 20,000 two wheelers and 2000 four-wheelers
The company has planned to roll out its first electric vehicle by 2020
The government has been pushing the industry to shift to production of e-vehicles
Mahindra, India's only electric car manufacturer, to be joined by firms like Volvo, Hyundai, Nissan
Last month, Hero MotoCorp made a Rs 205 crore investment in Bengaluru-based electric bike start-up Ather Energy
Chetan Maini's cheaper modular batteries could help pare buying cost of EVs by up to 50%
India aims at electrifying all vehicles in the country by 2032 for carmakers investing in China
Elon Musk-led Tesla's India entry was turning uncertain
These start-ups are collectively putting in over $500 million to design and make electric two-wheelers and create the charging infrastructure to make EVs a reality
In June last year, Ather opened its flagship product Ather 450 for pre-orders in Bengaluru, while deliveries started in September
The company claims that the Kona EV delivers a range of 452 km in one single charge under standard testing conditions.
While Indian Oil Corporation has partnered clean energy firm Fortum India for EV charging stations, Hindustan Petroleum is setting up charging stations with Tata Power
Greaves acquired Ampere Vehicles in October 2018 for Rs. 77 crore as part of its long-term growth strategy to deliver superior products and services in last-mile e-mobility.
While China manufactures everything from a chip to a converter for its electric vehicles, Indian automakers use imported electronic equipment
For petrol car with Rs 500,000-600,000 tag, EV variant won't be less than Rs 1.2 mn today, says Maruti Suzuki chairman
The automobile industry is moving towards the use of lithium-ion batteries instead of lead-acid batteries to offer quicker charging and higher range
He also argued that EVs alone are not the best answer to curb vehicular pollution
The government is aiming for an ell-electric vehicle fleet in the country by 2030