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Mansoor, chief executive officer of the MAuto Group, said that petrol-driven auto rickshaws cost ₹350–₹400 per 100 km, and their electric counterparts cost ₹40. "The retrofitting of auto rickshaws will cost only ₹1.2 to ₹1.5 lakh. We are ready to convert vehicles registered after 2000", he added.
Ather Energy is an Indian electric two-wheeler manufacturer headquartered in Bangalore. It was founded by Tarun Mehta and Swapnil Jain in 2013. It currently manufactures electric scooters including the Ather 450 Apex, Ather 450S, Ather 450X, Ather 450X Pro, and Ather Rizta. It has EV manufacturing facilities in Whitefield, Bangalore and Hosur ...
Ultraviolette Automotive was founded in 2016 by Narayan Subramaniam (CEO) and Niraj Rajmohan (CTO). By 2022, the company had received US$ 15 million Series C Funding from TVS Motor Company and Zoho Corporation. [8][9] Other Investors include Malayalam film actor Dulquer Salmaan [10][11][12][13] and GoFrugal Technologies.
Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [7] [8] The company was started to reduce emission and fuel dependency of Ola's cabs, and shift to mass electric mobility; a pilot program was launched in Nagpur in May 2017 by setting up charging stations across the city and procuring electric cabs, e-buses, and e-rickshaws ...
China is the world's leading producer of e-bikes. According to the data of the China Bicycle Association, a government-chartered industry group, in 2004 China's manufacturers sold 7.5 million e-bikes nationwide, which was almost twice the year 2003 sales; [17] domestic sales reached 10 million in 2005, and 16 to 18 million in 2006. [16]
The company registered its best-ever quarterly performance in the April - June 2018 quarter (non-festive time) by selling more than 21 lahks (2.1 million) units. [34] In January 2021, Hero MotoCorp's production exceeded 100 million. [35] As of 2021, Hero is the only Indian automobile brand to exceed 100 million in production. [35]
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