NEW DELHI (Reuters) - A spate of electric scooters catching fire in India, including one made by SoftBank-backed Ola Electric, is sparking safety concerns among some buyers, in an early setback for a nascent sector Prime Minister Narendra Modi is bullish about.
India wants electric scooters and motorbikes to make up 80% of total two-wheeler sales by 2030, from about 2% today, and Modi's administration is offering companies billions of dollars in incentives to locally manufacture electric vehicles (EVs.)
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!