Euler Motors enters commercial passenger space with ‘NEO by Euler’

Euler Motors, a home-grown electric commercial vehicle maker, has announced its entry into the commercial passenger EV mobility category with ‘NEO by Euler’.  As part of this launch, the company unveiled the NEO HiRANGE, an electric three-wheeler designed for last mile passenger connectivity, aimed at de-carbonization of cities, while remaining one of the most economical EV options for drivers. […]

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Capex for EV components to cross Rs. 25,000 crore in next 3-4 years: ICRA

Spurred by Government support in the form of subsidies, enhanced awareness, and increasing product launches, the electric vehicle (EV) segment in India has seen a significant upturn in prospects over the past two years. A confluence of factors such as improving product portfolio, charging infrastructure, and financing availability and a gradual decline in battery prices […]

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