Can River’s ‘SUV Of Electric Scooters’ Shake Up India’s EV Market?

, By INC42
Mobility

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India is decidedly a two-wheeler market when it comes to electric vehicles. A McKinsey report projects that electric two-wheelers will make up 60-70% of new vehicle sales by 2030, but global EV brands remain out of reach for most consumers due to astronomical prices. The shift to green mobility is taking place, nonetheless, driven by homegrown startups, electric 2Ws that combine affordability with reliable technology.

The journey could have been smoother, but for technological setbacks and compliance conflicts amid a regulatory landscape…



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Can River’s ‘SUV Of Electric Scooters’ Shake Up India’s EV Market?

, Published By INC42
Mobility


India is decidedly a two-wheeler market when it comes to electric vehicles. A McKinsey report projects that electric two-wheelers will make up 60-70% of new vehicle sales by 2030, but global EV brands remain out of reach for most consumers due to astronomical prices. The shift to green mobility is taking place, nonetheless, driven by homegrown startups, electric 2Ws that combine affordability with reliable technology.

The journey could have been smoother, but for technological setbacks and compliance conflicts amid a regulatory landscape…



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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Elon Musk says he will cut back on political spending after heavily backing Trump in 2024
Next News
Google’s Sergey Brin: ‘I made a lot of mistakes with Google Glass’
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