India’s electric two-wheeler startups surge to over 150 as government revs up EV push

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India’s electric two-wheeler startups surge to over 150 as government revs up EV push

The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]

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The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Manish Singhhttps://techcrunch.com/feed/TechCrunchhttps://techcrunch.com/2024/03/19/india-electric-two-wheeler-startups-surge-to-over-150-players-as-government-revs-up-ev-push/

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