Meet the Indian startups fueling the country’s Electric Vehicle dreams





 The future is electric: it’s as simple as that. If we want to create a sustainable future, electric vehicles (EVs) are part of the solution. The effects of climate change is for everyone to see… frequent extreme weather episodes, pandemics, rising levels of pollution, and entire species racing towards extinction. Add to the mix rising prices of fuel and the burden of import costs and you have a recipe for disaster. Electric vehicles then seem like the way forward. In fact, the global automotive industry itself is undergoing a paradigm shift, with several major players launching hybrid or completely electric versions in the market.  

The Indian automotive industry is the fifth largest in the world and catering to a vast domestic market with a reliance on conventional fuels will eventually be unsustainable. According to a study by CEEW Centre for Energy Finance, the EV market in India will be worth $206 billion by 2030 if India makes steady progress in the sector. Another report by India Energy Storage Alliance projects the Indian EV market’s growth at 36% till 2026.  

Founded by Micromax’s Rahul Sharma in 2019, Revolt Motors develops AI-enabled electric motorbikes: RV300 and RV400. With features such as full LED lighting, Bluetooth connectivity, digital display with real-time bike diagnosis, mono-shock rear suspension, optimum charging time and battery capacity, it is quite the game changer in its segment. It also offers users a mobile app to manage the bikes. Its manufacturing facility in Manesar has an annual production capacity of 1.2 lakh units. Read More

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