Indian EV Brands

An Upgrade to the EV Game !!

One can’t deny the fact that the world of EV cars is soon going to hit its heyday. Seeing that EVs are experiencing a successful transition, the government of India has come up with a massive initiative of setting up EV battery testing centers in Mumbai and Kolkata in FY24.

This initiative exhibits the far-sighted vision of the government by making the right move which can produce exhilarating results.
 
Currently, our country’s need for services for EVs and their batteries is backed by the only two agencies we have, namely the Manesar-based International Centre for Automotive Technology and the Pune-based Automatic Research Association of India (ARAI).
 
Additionally, the Indian government has also toughened the safety standards for EV batteries. The same has been explicitly expressed in the form of amendments to AIS 156 and AIS 038.

This was implemented as the country witnessed an array of fire incidents involving EVs in the country. Never a good thing, right?

The vehicles that were believed to be involved in the accident were Two-wheeler EVs of a number of OEMs, namely Ola Electric, Okinawa Autotech, and Pure EV.
 
But is that all? Hardly.

It’s said that the government would not deter a bit in even posing penalties on the companies involved in the accident.

Only fair one reckons.

There is further good news for the potential users of EVs, the government is coming up with a new promising and value-creating app called National Test House (NTH) which will streamline many aspects of EVs.

This app will help in verifying consumer claims, and conducting tests keeping in mind the mandated standards, and will accelerate quality consciousness.
 
Though there has been a dip in the demand for two-wheelers in the recent month, but if we look at the larger picture one can only anticipate the tidal wave of positive change that the upcoming generation will usher in.

This, pragmatically speaking, is the age of EV vehicles, where the share of EVs in the sales of two-wheeler and three-wheeler vehicles is expected to rise exponentially to 50% to 70% respectively in the country by 2030.

Here’s what’ll appeal to the EV-liking Urban Mobility optimist there’s an ecosystem being made that’ll propel the world toward the path of unprecedented sustainability.

The Pravaig Defy, a path-breaking EV SUV, is here!

PRAVAIG DEFY 2023

35 of the world’s most polluted cities happen to be in India. Delhi, Ghaziabad, and Gurgaon aren’t the only names in a list no Indian should be proud of.
 
Kanpur, Varanasi, and Patna have made the not-so-envy-inspiring list. 
 
This isn’t random name-calling; among the world’s largest free real-time air quality information platforms says this in no uncertain terms.
 
So where does India, one of the world’s most admired cultures albeit one with an explosive population rate go next?
 
For how much longer can it defy the truth that given its burgeoning pollution levels, ever-increasing population, and not to mention, rising fuel costs, things aren’t going to get any easier?
 
That’s as if things anyways were.
 
 
Could it be that things we can no longer deny as existing crises can be tackled smartly and intelligently?
 
What if, instead of choosing to overlook the chaos that’s wiping our peace and hampering progress (at multiple levels- economical, social), one opted for Defy?
 
 
Can Pravaig, which describes itself as a Deep Tech company and is one of India’s fastest-growing EV startups arm India with something that’s much needed?
 
And needed now?
 
While predicting the future- or the immediate present- is something that’s right up the stockbroker’s ally, what one knows is that Pravaig’s Defy is here and is expected to make heads turn.
 
In the next few hours from now, the Pravaig Defy, an all-encompassing pure-electric SUV, will greet the national capital of a country in an event, which I’ve heard will floor Delhi and ditto for the remainder of the country.
 
So what are we talking about?
 
Pravaig Defy specifications

Auto lovers, thrill seekers, believers in the mélange of tech and urban mobility, EV enthusiasts, the chaos-battling, deadline-afflicted, who spend countless hours amid traffic snarls in a city and those who love stepping out will find Defy an able answer to a plethora of problems, and a stylish one at that. 
 
Moreover, those driven by a sense of conscientiousness in what are hazardous times for the country will find Defy as their go-to drive for a host of features, some of these include: 
 
The Defy comes with a huge touchscreen infotainment system with several connectivity choices, linked car technology, and the path-breaking Devialet sound system and that’s just the beginning.
 
With an air purifier and USB Type-C charging outlets, wireless phone charging, there’s also a rear touchscreen. How cool is that?
 
Combining seating comfort with peerless design, the Pravaig Defy breaks biases and misconceptions that allude to the fact that only the west can make kickass pure-electric drives! 
 
That said, there’s more?
 
That told- the SUV’s specs back the captivating design of the Defy with power and purpose!
 
Defy, Pravaig’s premium all-electric SUV is available in no fewer than eleven hues that might increase in the course of the future. 
 
These include:
 
Emperor Purple, Shani Black, Kaziranga Green, Haldi Yellow, Hindigo, Moon Gray, Bordeaux, Lithium, Vermillion Red, Siachen Blue, and 5.56 Green.
 
From vivid hues to finding clues about just what makes the Defy tick and what can one expect from the Bengaluru-based company’s offering, it’s important to note what among the pillars behind India’s most exciting start-ups had to say:
 
Ram Divedi, co-founder, of Pravaig Dynamics, shared insights about their EV that points to the vision of an organization built on the irrefutable passion to serve India and the world. 
 
“These electric cars have an upper edge in comparison to other vehicles, which run on petrol on the Pakistani and Chinese borders because in these places there is no petrol and it is transported through trucks, which needs a huge supply chain,” shared the Kashi-born professor of Geopolitics. 
 
So what do we know more about their pure-electric drive? Does it have a purpose for the defense establishment of the world’s largest democracy? 
 
“We are in touch with the Armed forces. Maximum accommodation in the car for the Indian Army will be for 10 persons,” stated Pravaig’s neatly dressed co-founder, who comes across as an Avant-garde artist.
 
Though, a few things stand out as well as Pravaig CEO Siddhartha Bagri’s no-nonsense and straightforward approach towards the realm of Technology and EV:
 
“Pravaig is the only company focused on the Right of Repair, Upgradability, and Data protection. An unmet need of users in Europe and the USA! We believe that Defy Technology represents the future direction of all EV technologies.”
 

At a time when most EV makers in the country are caught up with the biggest question of them all range anxiety- it’s exciting to note Pravaig’s futuristic ambitions.
 
That’s not all; the Pravaig Defy unveiling, scheduled for November 25, 2022, which is just a few hours away, is poised to be a mega event.
 
True to the organization’s full name Pravaig Dynamics, the event is expected to be a dynamic marriage between dazzling event decor, cutting-edge technology, and appealing music.
 
All of this with the Pravaig Defy at the center of it all!
 
And there’s yet more; you won’t just see the captivating beauty that is the Pravaig Defy, you can actually experience the one-of-a-kind, powerful, feature-loaded SUV EV yourself.
 
So how’s that?

Experiential drives!
 
One and all can test ride the Pravaig Defy, the most powerful EV SUV at the event itself over an obstacle course that’ll be as thrilling as it will be engaging.
 
As per company sources, the obstacle path is primed to be a 2 to 2.5-minute ride.
 
But one reckons, it’ll eventually be a gain for one who undertakes the test drive and that’s not just down to a bouquet of features that ultimately raise the experience of being with Pravaig and its beautiful creation.
 
At a time when there are obstacles aplenty in front of us- incessantly rising fuel costs, bizarre car maintenance costs, and whatnot, this test drive is actually a test of what we ultimately choose:
 
Should we stick with Petrol and diesel car ownership amid problems aplenty? Or,
 
Defy the ‘has-been’ aka the norm that’s actually taking none of us anywhere?
 
 
With so much to look forward to, given its visionary approach towards Electric Vehicles, the Pravaig Defy, one can’t deny, is poised to be a head-turner.

The EV Daily wishes the entire Pravaig team all the very best.

If there’s ever a time to Take Back Control, then it’s now!

Web: www.pravaig.com
Instagram: https://www.instagram.com/pravaigdynamics
Twitter: @pravaigdynamics

Mahindra and Mahindra Sign Partnership Agreement for EV Charging Network!

Many questions strike the mind the moment one says electric cars. Not because the concept is specifically difficult to understand. Rather the EV revolution is something that can shake up those who are ignorant about a basic truth:

That the time is now, that there’s no going back on ICE.

But then what are those questions anyway?

How to charge an EV? Where will get the charging station? Is an EV reliable for long rides? What is the battery life, and so on and so forth?

That told it’s important to note what the widely noted Indian carmaker Mahindra has in store where its EV initiatives are concerned.

To that end, it is important to note that the company has only recently taken steps towards the establishment of EV charging infrastructure and not only that; signed an agreement with 3 EV charging installation companies.

Their names- are Jio Bp, Statiq, and Charging+Zone!

Further to the above, it’s important to note that the above aim is to install new fewer than 2,500 charging stations in 25 cities.

To that end, it will be easy to discover charging stations in the nearest driving locations, which will be connected through E-mobility navigation.

If that does not change what’s needed in the space of the EV revolution, then what is?

Myriad- albeit crucial- locations such as highways, petrol pumps, parking shopping malls, tourist places, and hospitals, all of which are easy-to-access charging points are, therefore, being considered.

And rightly so!

That told, the president of Mahindra, Mr. Vijay Nakra said the following,” I am happy to announce that we tied a partnership with big EV charging solution companies Jio Bp, Statiq, and Charging+Zone, which will show faith and strong relationship between Mahindra customers, who believe in us. It will be helpful to adopt EV on large scale.”

That said, the CEO of Charging+Zone stated some key insights on the basis of the above, “We believe in a clean and green atmosphere, which is proof of our partnership with Mahindra. We aim to provide fast charging all over India, which will be essential to increase awareness towards the green revolution.”

Charging+Zone, it ought to be noted, is noted and among the largest Indian charging infrastructure companies around, which installs many charging stations across various cities.

But all of that said, here’s what seems to be the key takeaway: It’s crucial to install a fast-charging station for upcoming cars if one is to truly stoke India the electric way.

The Latest Mahindra EV Segment Trends: Hip or Hype?

When we talk about the company called Mahindra, then what is the first thing that comes to your mind?

Dependable cars? Integrity? Reliable automotive? Maybe there’s something more? 

Now could it be that the famous company has come out with whose time has come and can no longer be avoided?

Truthfully speaking, but hey, whatever one writes in the public domain, even in today’s so-called age of “integrity,” will obviously speak the truth! 

So on to the point- perhaps it may no longer be incorrect to state that when it comes to the domain of electric mobility, Mahindra, owned by Anand Mahindra and Dr. Anish Shah (MD/CEO of this company from April 2021 onwards), has done their fair bit in the sphere of Electric vehicles.

How’s that? Furthermore, is this a huge claim or something that’s a bit too underrated?

Imagine how the largest tractor manufacturing company worldwide, ranked 17th on a list of top companies, is already a well-known name where the EV segment in India is concerned?

The company is working towards many sectors such as Mahindra AerospaceMahindra Financial Services LimitedTech MahindraMahindra Lifespace DevelopersMahindra Ugine Steel Company, and Bristlecone Mahindra Systech ETC.

For a company that has as its founder a man who doesn’t pose but is actually a Deshbhakt, it is about time that we gave Anand Mahindra his due; a man whose company has today given India cars in multiple segments, whether one speaks of e-Verito or the not so too recent the XUV 400, the latter rivaling (if not primarily) Tata’s NEXON.

That said, let us spend a few minutes appreciating Mahindra’s EV offerings (specs, features); remember it’s a brand whose diversity is redoubtably impressive:

That’s when one speaks of Mahindra Aerospace, Mahindra Financial Services Limited, Tech Mahindra, Mahindra Lifespace Developers, Mahindra Ugine Steel Company, and Bristlecone Mahindra Systech, to quote a few!

Mahindra E Verito

It was well over half a decade back in the day that Mahindra launched its first electric car, which was an e- Verito.

A sedan, still running popularly on Indian roads is priced at INR 9.5 lakh for the base D2 variant. However, The D4 and D6 prices were INR 9.75 lakh and INR 10 lakh, respectively.

The company claimed a top speed of 86 KMPH. That’s not THE EV Daily’s claim, but as said, the claim of the firm.

Moreover, the total range was noted to be 100 km on one single (or as they say) full charge.

That told, the following statement of fact, as quoted by the revered Business Standard does seem to suggest that there are massive plans for the future of the country, particularly from an EV point of view. Which is why it is worthwhile to note the following:

Mahindra has lined up five new electric Sports Utility Vehicles (SUVs) with the first four expected to hit the market between December 2024 and 2026.

To conclude a story that given the regard Mahindra deserve should actually continue for they’ve contributed spectacularly toward upping India’s ante in EVs (as have the Tata’s), the above is hardly surprising since it’s coming from a visionary who happens to be Anand Mahindra.

A man who the youngsters of our country must read more about if they are willing to understand the meaning of inspiration. 

Anand Mahindra

Is the XUV 400 EV Mahindra’s answer to Tata Nexon?

After showcasing the 5 upcoming futuristic SUVs on August 15, 2022, Indian automaker Mahindra has launched their first all-electric SUV, i.e., the XUV400 in India.

It is the upgraded version of the Mahindra XUV300 (the ICE variant) with a few updates. These include- a new LED headlamp, a new bumper, and even new rims. According to the noted carmaker, the full charge range of the XUV400 will be 456 km. But that’s in terms of “MIDC,” which means Modified Indian Driving Cycle and a top speed of 150km/h.

The Mahindra XUV400 will compete against some of the leading names in the current EV market in the country. These, unfailingly, include- Tata Nexon EV, Nexon EV max, and MG ZS EV, to quote a few.

Feature-wise, the XUV 400 is equipped with 60 class-leading connectivity features, one of whose premium features includes smartwatch connectivity. Premium sporty interior, electric sunroof, best-in-class cabin space, and a rear parking camera.

However, that being said, the latter, as per many, may seem like a regular feature given how so many cars in the contemporary age anyways offer a parking camera. Nonetheless, Mahindra’s latest offering in the EV space is a robust product that’s an absolutely green offer. It thus gives a rare prospect of power and performance.

Though, the latter will be a lot clearer a few months from now.

Furthermore, the recent launch has a 39.4 kWh battery pack with torque output from the motor of 147HP – 310 Nm and can achieve 0-100km/h in 8.3 sec. Impressive?

That being told, what must be noted is that Mahindra always cares about the safety of the customer and passengers.  The XUV 400 comes with 6 airbags, dust, and a waterproof battery pack.

The car misses out on ADAS safety technology. Is that a massive letdown? Who knows? 

Time will tell.

The 7.2 kW/32A charger takes approximately 6 hours and 30 minutes, while the 3.3 kW/16A charger takes approximately 13 hours and 30 minutes to fully charge the vehicle. The all-electric SUV will come with a 16” wheel size, and all-wheel disc brakes.

The price of the Mahindra XUV400 EV is expected to start from INR 17 lakhs and may even go up to INR 21 lakhs. Finally, the booking will start in January 2023. Ready to order one? 

What may have led to a jump in the EV demand in the last 5 years?

As you know, one of the common trends in the country especially of late has been the hike in fuel prices. Not a day goes by when you and I do not hear about yet another spike. But is that the only concern we have today ahead of us?

Add to this anomaly in our life the threat of climate change that’s pretty much affecting the world, and you have a glaring problem that surrounds us.

If the pollution-related health woes were to be a hit list, then it would appear that India is on the top of its victim list.

Ever thought about that?

Against that narrative, one can be only glad to know that in our country, people have finally begun to show a sense of keenness toward purchasing an EV.

Things may not seem entirely rosy as yet, but if we talk about the last five-month graph of sales, then the EV chart of sales has changed for the better. That’s especially when compared to the last year’s chart.

As per the govt. records, no fewer than 85,911 EVs were registered last month, and the figure for July month was lavish too. At 77,868, EV car units!

Now, if you talk about the last year of August 2021, then the count was 29,127l; barely close to 30,000 EV units.

Resultantly, one witnessed an 11% demand increase in the EV sector. If that’s not a sign of progression, then what is?

That being said, when it comes to the overall participation of carmakers towards EV cars, then Tata Motors has comfortably held its numero uno position, having sold 3,845 cars, which means of the overall cars sold in the country, 88 percent were from the stable of Tata Motors,

Moving on, the revered MG Motors finds itself in 2nd position on the list with a total figure of 308 EV units (sold), followed by Hyundai on rank 3.

Day by day, many companies are taking steps toward the EV sector. From a country’s perspective, the ambition, and robust if it can be, should be to be a cornerstone when it comes to EV adoption in the buzzing epicenter of the sub-continent.

That India should be recognized for its inclination towards the EV car culture should be the aim of the country.

And this isn’t some fanboy speak; it’s very much possible for India to attain such lofty standards in the EV sphere.

So how’s that?

The government has launched a production-linked incentive (PLI) scheme, which is worth a whopping INR 18,100 Cr for advanced cell chemistry manufacturing in India. The scheme saw Ola Electric, Reliance New Energy and Rajesh Exports sign up to manufacture 98 GWh of battery capacity.

As you know, recently, at the Maruti Suzuki event, Shri PM Modi said that EVs are bringing a ‘silent revolution’ to the country. “Be it two-wheelers or four-wheelers, they don’t make any noise,” were the honorable PM’s words.

So is India primed for an interesting few years where things stand in the EV domain? It’s anyone’s guess!

Delhi EV Conference

Delhi: The city’s automobile enthusiasts and electric vehicle consumers will get an opportunity to be a part of “Mega Green Vehicle & Smart Mobility Show, New Delhi.”

The show will start on Wednesday 7th September and will end on Friday 9th September. It’s a 3-day event, held at hall no. 7 at Pragati Maidan, New Delhi.

Participants will be able to see and understand new technologies in the green vehicle and smart mobility segment.

This show will bring the industry’s leaders to share their insights and successes, discuss the challenges and opportunities of a green future, and can help accelerate the transition to a clean and net zero emission target of Govt. of India.

The Indian government is taking steps to develop the market for electric vehicles. The FAME II (Faster Adoption and Manufacturing of Electric Vehicles) scheme is India’s main EV policy. It allows USD 1.4 billion over three years beginning in 2019 for 1.6 million hybrid and electric vehicles (including two- and three-wheelers, buses, and cars), as well as encourage domestic EV manufacturing. The Indian government has taken several positive steps toward enabling EV adoption, as well as FAME I is a significant step forward. Some of the key levers that policymakers in India must use include mandated adoption targets, localization of key elements, set guidelines on regulations and standards, and EV acquisition in public transportation.

What To Expect?

Connect with the leaders of India’s EV

Showcase your Brands to 20000+ Business Visitors

Great Speakers

Networking

Knowledge

Recognition

Who can attend:
EV Manufacturers

  • Battery Pack Makers
  • EV motor Manufacturers
  • Electronic Sensor / Lidar / companies
  • EV Design and Architect Providers
  • Material Companies
  • Charging Infrastructure companies
  • Specialty Chemical companies
  • Power Storage companies
  • New Age companies

Mahindra’s entry into the EV car segment is poised to make things even more interesting in India

Mahindra

Mahindra and Mahindra group are preparing to launch 4 electric cars over the course of the next four months. 

For a carmaker that established multiple widely acclaimed entities in the form of (high selling) off-roaders such as the Thar and SUVs like the Scorpio, the step towards the realm of electric vehicles is an interesting, if also, timely move. 

In that regard, at a time when several reputed carmakers are treading cautiously in the EV domain, releasing one or two pure electric vehicles, not more that Mahindra is planning to come out with four is true, an exciting development.  

Having said that, it wasn’t that long ago that the Mumbai-headquartered company unveiled no fewer than three pure electric cars in the United Kingdom.  

As a matter of fact, it was early August when the Anand Mahindra-led carmaker showed the soon-to-be-launched cars in the UK. 

In that regard, it becomes important to know which is the EV from the Mahindra and Mahindra stable that has already begun to grip audiences’ attention. 

It is expected that upon its launch, the XUV400 will pose stiff competition to the highest-selling electric vehicle from the Tata stable, which happens to be the Nexon. 

However, whilst there’s no detailed confirmation as yet, it is being said that the Mahindra EVs yet to be launched in India has been developed by the UK-based Mahindra and Mahindra company. 

And while talking points like how well might the Mahindra EVs perform in India are still very much a subject of speculation and understandably so, since the cars haven’t yet begun to sell, there’s something that cuts a promising perspective. 

So what might that be? 

The Mahindra group is expecting sales of two lac electric SUVs by the year 2027. If that’s not an impressive goal then what is? 

Talks have begun to gather steam that Mahindra is determined at offering an exciting range for its soon-to-arrive EVs.  

Though nothing could be as important at this time as knowing just what might be the dominant pure electric wagon from Mahindra’s end. 

It is being said that the noted car brand will launch the XUV400 after renaming its already running XUV300. 

But it is being said that the time couldn’t be riper to get into the EV territory; noted cars such as the Nexon EV and the Tigor from Tata’s stable have already arrived in India, which is anything but a dormant car market and may just be a fiercely competitive EV space. 

Moreover, Tata motors have also additionally unveiled Curvv and Avinya, two of their latest additions to the EV specter in India. 

But having said that, what are the working dynamics of EVs; how is Mahindra going to go about the EV car making? 

To that end, it’s important to note the information shared in the public domain. A recent statement said in no uncertain terms the following “The company has signed a term sheet with the “Volkswagen Group” to supply MEB electric components.” 

Furthermore, Dr. Anish Shah, managing director, and CEO, of Mahindra group, said, “we are proud and delighted to showcase our born electric vision. By 2027, we expect that a quarter of the SUVs we sell will be electric.” 

And Rajesh Jejurikar, executive director- CEO, of Mahindra Group, added “our vision of born electric is underpinned by the future-ready single platform, two new exciting brands, and the heart core design philosophy.”

Tremendous Scope For EV Battery Packs In The Immediate Future Of India!

Electric vehicle battery pack shipment will touch 30 million in 5 years, and 10 million will get in 2022.

According to Juniper Research, the shipment of electric vehicle battery packs will reach around 30 million in 5 years to 10 million in 2022, which is this year itself.

Basis the above, the expected growth in this domain is around 200 percent in the industry.

A graph suggests the clear rising price of diesel and petrol-powered vehicles compared to the rise of EVs.

It’s a no-brainer of course in that the high price of fuel, particularly when unmonitored over a period of time, has resulted in a pain point for the audience.

Resultantly, people are attracted to purchasing electric vehicles. On top of that, the awareness of matters like the green revolution and a clean atmosphere is steadily increasing amongst people.

As per news reports, it is expected that there will be a spike of up to 200% (growth rate) in the shipment of the electric vehicles battery pack.

It means that by the end of 2022, as many as 10 million battery packs will be needed.

Researcher Damla said, it’s crucial to develop high-performance battery packs for long distances, but there is a need for investment to establish of Electric battery packs industry.

“We need to add chemicals for manufacturing strong batteries to use in commercial transport and public transport.”

Basis the above, there is a report that mentioned there are difficulties with battery production which includes cobalt. But the problem is that cobalt is difficult to find.

Furthermore, Mahindra and Mahindra invested a sum of INR 1925 crore towards the electric vehicles segment.

As a matter of fact, TVS motors invested a sum of INR 1000 crore towards EV car production.

The Council on Energy and Environment of Water (CEEW) report predicted, that there shall be approximately 30% of Electric vehicles on roads by the year 2030. This, interestingly, is expected to increase by 75% by the year 2030.

As per news reports, Central Minister Nitin Gadkari ji said people have the option of Electric vehicles in front of fuel vehicles, and a total of 13 lac Electric Vehicles registered in India in the upcoming year, and each second vehicle will be EV.

“We are working on 2,877 charging stations to set up all over India,” said Shri Gadkari Ji.

Ola’s Electric car launch!

At a time when India, amongst the fastest growing economies in the world, is taking interesting leaps toward the Electric car revolution, news that Ola is entering the four-wheel segment is nothing less than a giant stride.

And this isn’t mere hearsay; this is confirmed the news that is taking the electric car news space in India by storm.

On top of it, that Ola Electric is about to unveil its first-ever pure electric car on India’s independence day is massive news in itself.

Chances are, whatever you may read at this time, and whenever you may be reading it, news concerning the electric car development will pertain to Ola’s plans of launching its maiden offering in the EV segment.

That being said, what are the exact details that we know about the soon-to-be-launched development? And to what extent are they in the public domain as you read this piece?

To that end, it’s important to know that there aren’t too many details available as we speak.

However, Ola Electric’s CEO, Mr. Bhavish Aggarwal did express his excitement about the development that holds the key for his organization and in turn, to the changing EV tide in India.

The mega-successful entrepreneur, who hails from Ludhiana, happened to share the crucial news through his social media:

“Super excited to announce a new product this 15th August! Will also share more about our BIG future plans!!”

That being said, while not an awful lot is known about the way the car will eventually look and be, what is clearly known is that Ola Electric has huge plans for this four-wheel segment.

It is already in the advanced stages of setting up 1,000 acres of land for the purpose of building a new factory for car manufacturing part.

Interestingly, this factory will be two times the size of the existing factory at Hosur, which is being used for the purpose of making Ola’s electric scooters.

-stay tuned to The EV Daily for more updates about Ola’s eventual car launch!