AEEE And ICA India Launch Whitepapers On E2Ws And E3Ws Market Transformation, Raptee Receives Rs 3.27 Crore Grant From ARAI, And Much More...

The rapid expansion of India’s two-wheeler #electricvehicle (EV) sector has encouraged global automaker Honda to enter the market through its local subsidiary, Honda Motorcycles & Scooters India (HMSI). HMSI intends to launch ten electric vehicles in India, including two this fiscal year. Honda’s arrival will intensify competition in a category with 15 competitors already.While the total two-wheeler market in India has been stagnant for many years, EV penetration has increased.

Raptee.HV , a start-up based in Chennai that produces #electricvehicles (EVs), has received a grant of Rs 3.27 crore from the Automotive Research Association of India or ARAI.?Raptee was one of the ten MSME start-ups that received the grant.As per the reports the company plans to use the newly-generated fund to develop high-voltage controllers for its motorcycles.?The company will also focus on the design of some of its motorcycles.

Alliance for an Energy Efficient Economy (AEEE) , one of the leading organizations in India enabling #energyefficiency policy and its implementation across sectors, in partnership with the International Copper Association of India, launched whitepapers on?‘Market Transformation of Electric 3-wheelers’?and?Market Transformation of Electric 2-wheelers’ in India.