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Karnataka approved the Electric Vehicle and Energy Storage Policy 2017, [44] which aims to attract investment of ₹ 310 billion and create about 55,000 jobs. The union government has announced its vision to make India an all-electric-vehicle market by 2031 to reduce the country's dependence on fossil fuels and reduce its carbon footprint.
The plan will have subsidies up to ₹150,000 (approximately US$2,200) for cars and ₹50,000 for two wheeled vehicles. India aimed to have seven million electric vehicles on the road by 2020. But the scheme was launched in April 2019 using the name FAME, or Faster Adoption and Manufacturing of (Hybrid and) Electric vehicles. [86] [87]
Ola Electric Mobility is an Indian electric vehicle manufacturer company founded in 2017 by Bhavish Aggarwal. [5] Headquartered in Bangalore, Karnataka, the company designs and manufactures electric two-wheelers, including the Ola S1 in three variants named Ola S1 Air, Ola S1X and S1 Pro.
UVLYNC: A Type 2 interface which allows charging access to any AC car charging station across India. UVLYNC: On 30 January 2025, Ultraviolette launched a Type 2 Interface, called UVLYNC, which allows all electric 2-wheelers in India to access over 4000 AC car charging stations across the country. This aims to improve accessibility to the ...
Ather Energy is an Indian electric two-wheeler manufacturer headquartered in Bangalore. It was founded by Tarun Mehta and Swapnil Jain in 2013. 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.
Okinawa Autotech was founded in 2015 by Jeetender Sharma, [4] a veteran of the two-wheeler automobile industry, and his wife Rupali Sharma. [5] In 2017 Okinawa Launched India's first high-speed electric scooter, the Okinawa Ridge. [6] The first electric scooter was followed by the Okinawa iPraise in December 2017.
In Sept 2021, to boost the automotive industry with the newer and green technology the Government of India (GoI) launched 3 PLI schemes, a Rs. 26,000 cr (US$3.61 b) scheme for production of electric vehicles and hydrogen fuel vehicles (PEVHV), the Rs 18,000 crore (US$2.5 b) "Advanced Chemistry Cell" (ACC) scheme for new generation advance ...
Simple Energy produced its first electric scooter in 2019, followed by their main product, Simple One, in 2023. [1] [5] [3] [2] The company opened a new manufacturing facility in Shoolagiri, Tamil Nadu, in January 2023. [6] It had a round of fund raising in July 2024. [7] [8]