E drive is testing and incorporating majority of Indian components, thus it’s “Make in India” and designed with maximum life cycle proposition.
The demand for EVs is going to rise tremendously as the Government is pushing it’s policies favouring to environment and transition from petrol vehicles to electric vehicles.
The EV market share is growing year over year. India has the largest in the world and 30 to 40millions two wheelers sold in India each year. Around 80% of petrol two wheelers sold in India are below 200 c.c, and these are going to be banned for selling by the Govt. By 2025.
Cost of running EV is 6 Paisa per KM appx. Which is very much less as compared to petrol vehicles. By 2030, India aspires to achieve 100% EV sales.