In Short : India’s electric L5 three-wheeler market is swiftly shifting from ICE to EVs, fueled by supportive policies, fleet demand, and lower maintenance costs. Government initiatives like the PM E-Drive scheme and state-level EV policies are accelerating adoption. With nearly 700,000 electric three-wheelers sold in 2024, the segment now holds a 57% market share, […]
NEW DELHI : As an effort towards encouraging Electric Vehicle (EV) adoption in the country, Omega Seiki Mobility, an Anglian Omega Group Company and cKers Finance Private Limited (“cKers”), a non-banking financial company (NBFC) focused on financing climate friendly businesses including electric vehicles in India, has signed a Memorandum of Understanding. Through this tie-up, Omega […]
Three-wheeler maker Atul Auto on Wednesday announced its foray into the electric vehicle space by launching two models at the Auto Expo 2023 Atul Greentech Private Ltd (AGPL), a subsidiary of Atul Auto, launched Mobili, a passenger vehicle, and cargo variant Energie. Both Mobili and Energie are built with industry-leading technology, telematics and Battery Management […]
Mumbai : Tech-enabled EV financing firm Three Wheels United (TWU) has inked an initial pact with small commercial vehicle maker Piaggio Vehicles to procure 3,300 electric three-wheelers, a release said on Monday. Under the partnership, the company will facilitate easy and affordable financing for individuals and fleet operators to easily switch from conventional engines to […]
• Invites proposals from OEMs for procurement of electric-three wheelers as per FAME II guidelines • Vehicles will be deployed by CESL for different use-cases across the country • Focus is on garbage disposal, passenger autos and livelihood generation State owned Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited […]
Electric three-wheelers are cheaper as compared with their ICE counterparts in terms of operational cost NEW DELHI: By 2024, as much as 43-48 per cent of new three-wheelers (excluding e-rickshaws), and 12-17 per cent of new two-wheelers sold in India will be electric vehicles (EVs), reveals a study by CRISIL Research. The study looked at […]
Niti Aayog has proposed to phase out three-wheelers powered by internal combustion engines by 2023 in a bid to increase the sales of electric three-wheelers. But a straightforward ban may not be an easy solution when electric infrastructure is yet to be developed. Electric mobility is the future, and India is all set to fast-track […]
Ola says that mass scale adoption of electric four-wheelers will take more time and is thus betting big on two and three-wheelers for its electric mobility drive. Ola is expecting to put 10,000 EVs, a mix of two and three-wheelers, on the road by the end of March 2020. India’s Ride-hailing service provider Ola is […]