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Ola Electric was established in 2017 as a wholly-owned subsidiary of ANI Technologies, the parent entity of Ola Cabs. [10] [11] 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 ...
The segment market share declined from 0.68% in 2014 to 0.59% in 2016, and recovered to 1.1% in 2017. [1] [222] [221] The decline in plug-in sales reflects the governmental and domestic carmaker decision to promote hydrogen fuel cell vehicles instead. [428] [429] The market share further fell to 0.7% in 2019 and 0.6% in 2020. [427]
The battery packs are imported, and cost about $275/KWh in India. This, combined with the GST of 18% and the lack of lithium in India, further increases the cost of batteries. [65] The charging infrastructure for electric vehicles in India has not been fully developed. [66]
Indian automaker Mahindra & Mahindra has launched a new range of electric vehicles as the country's no. 2 SUV maker by volume looks to boost its market share by entering segments dominated by ...
It claims to clock an average of more than 150,000 bookings per day and commands 60% of the market share in India as of 2014. [27] As of 2019, the company has expanded to a network of more than 1.5 million drivers across 250 cities. [28] In November 2014, Ola diversified to incorporate auto rickshaws on a trial basis in Bengaluru. [29]
Bajaj is the world's largest manufacturer of auto rickshaws and accounts for almost 84% of India's three-wheeler exports. During the FY 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India. Out of these 4,80,000 three-wheelers, 47% were sold in the country and 53% were exported.
According to the Ministry of Commerce and Industry, the fifteen largest trading partners of India represent 61.67% of total trade by India in the financial year 2022–23. [1] These figures include trade in goods and commodities , but do not include services or foreign direct investment .
Top 10 companies in India in 2021 by market capitalization: [17] [15] [16] Rank Company name Market capitalization(Rs Cr) 1 Reliance Industries Limited: 14,23,372.44 2