Top 10 Investors Fuelling EV Dreams For India’s Startups

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As India zoomed past Japan to be the third largest automobile market in the world in early 2024, the electric vehicle (EV) ecosystem swerved into the fast lane, with policies driving down running costs and innovations going full throttle, backed by some of the most prolific investors in India.

A higher rate of switch from fossil fuel-run to battery-powered vehicles has helped India stay the course to its EV30@30 mission. In sync with the government’s 2017 projection that 30% of private car sales, 70% of commercial vehicle sales, 40% of bus…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Top 10 Investors Fuelling EV Dreams For India’s Startups


As India zoomed past Japan to be the third largest automobile market in the world in early 2024, the electric vehicle (EV) ecosystem swerved into the fast lane, with policies driving down running costs and innovations going full throttle, backed by some of the most prolific investors in India.

A higher rate of switch from fossil fuel-run to battery-powered vehicles has helped India stay the course to its EV30@30 mission. In sync with the government’s 2017 projection that 30% of private car sales, 70% of commercial vehicle sales, 40% of bus…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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