1.00 Indian rupee ₹ Electric vehicles! A huge opportunity for startups in India Mumbai

Published date: July 27, 2019
Views: 3
  • Location: Goregaon(E), Mumbai, Maharashtra, India

Electric vehicles! A huge opportunity for startups in India

• After March 31, 2023, Three wheelers sold in the country should be electric ones only
• After March 31, 2025, it has proposed that two-wheelers below the capacity of 150cc sold in the country should be electric ones.
• Sunrise opportunity for startups as India has over 72 percent two-wheelers
• 30% of cars sold after 2030 should be electric

Cities in countries like India facing acute problems of energy insecurity and pollution, so industry-government alliances are playing a key role in this regard
The central government wants to reduce the import of crude oil significantly and thus help curb increasing levels of pollution. Out of the world’s 30 most polluted cities, India has 22 of them.


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