Chennai-based Aventose Energy will be launching durable and hassle-free electric alternatives to 100-125cc petrol 2-wheelers by September 2021
Overall, the past year has forced the EV industry to think differently in terms of sourcing components
Over the past 6 months, several auto majors and component suppliers have chosen Tamil Nadu to set up electric vehicle manufacturing facilities to produce about 4.5 million EV two-wheelers cumulatively
Consistent policy support would also be critical to achieve EV goals
Recently, Union minister Prakash Javadekar told Parliament about 285,000 buyers of electric/hybrid vehicles had been supported by a subsidy of Rs 360 crore under FAME.
There are currently fewer than 10,000 electric vehicles on Indian roads