Ola Electric S1

Ola has recently launched its first ever electric scooter in India called the S1 at a starting price of Rs 99,999 (ex-showroom). There’s also the S1 Pro scooter at Rs 1.29 lakh (ex-showroom). In light of recent subsidies announced by several state governments the Ola electric has good potential toRead More →

Foxconn

As per Digitimes Report, Foxconn Electronics (Hon Hai Precision Industry) has decided to join hands with CTBC Financial Holding to set up an industry fund specifically for investing in companies engaged in electric vehicles (EVs) . This step has been undertaken to boost development of EV-related industry sectors in Taiwan.Read More →

tesla manufacturing

American electric vehicle maker Tesla likely to set up manufacturing unit in India if it first succeeds with imported vehicles in the country. Tesla Inc. has sought lower taxes on import of electric vehicles in India The California-based maker of electric vehicles has written to the transport and industry ministries for reducingRead More →