Electric vehicles a Rs 3 lakh crore opportunity for India – CRISIL Research

Electric vehicles (EVs) present an opportunity of almost Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026, a CRISIL analysis indicates. The opportunity includes potential revenue of about Rs 1.5 lakh crore across vehicle segments for original equipment manufacturers (OEMs) as well as component manufacturers and ~Rs 90,000 […]

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Toyota Mirai Fuel Cell EV aims to create Green Hydrogen-based ecosystem in India

Union Minister for Road Transport and Highways Nitin Gadkari has launched what is claimed to be the ‘world’s most advanced technology developed’ – Green Hydrogen Fuel Cell Electric Vehicle (FCEV) Toyota Mirai. The launch function in New Delhi was also graced by Union Ministers Hardeep Puri, RK Singh, and Mahendra Nath Pandey, Masakazu Yoshimura, MD, […]

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Switch Mobility breaks ground for advanced manufacturing and tech centre in Valladolid, Spain

€100 million investment planned over the next decade to support development of the facility that is set to create 7,000 direct and indirect jobs in the region Switch Mobility Ltd, the next-generation net zero carbon electric bus and light commercial vehicle company, has broken ground for the creation of its new advanced manufacturing facility in Valladolid, Spain. The […]

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Oben Electric launches performance motorcycle ‘Rorr’

Oben Electric, India’s latest E2W (electric two-wheeler) manufacturer has launched its first electric performance motorcycle ‘Rorr’ in Bengaluru. A Made-in-India offering, Rorr is completely designed, developed, and manufactured in-house within the country by experienced professionals in the EV domain. Besides providing Indian riders with a neo-classic design, Rorr also offers practicality and a performance-oriented riding […]

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