The Buzz Surrounding Elon Musk’s India Trip; Gemopai Slashes Prices On Electric Scooters and More...

Elon Musk, the CEO of Tesla and one of the world’s wealthiest individuals, is scheduled to visit India later this month, with a significant highlight being his meeting with Prime Minister Narendra Modi. Musk, known for his unconventional approach, confirmed the upcoming meeting on X, a platform he owns.

Gemopai, a name in the electric vehicle (EV) industry, has announced a major deduction in the prices of its entire lineup of EV scooters. Effective immediately, customers can benefit from reduced prices on Gemopai’s popular models, including the Ryder, Astrid Lite, and Ryder Supermax. This bold move aligns with Gemopai’s unwavering commitment to democratizing sustainable and eco-friendly transportation.

In a bid to extend accessibility to electric mobility, OPG Mobility (Formerly known as Okaya EV) , India’s rapidly growing electric vehicle brand, has unveiled an enticing festive offer. The company has pledged to retain the pre-existing prices of its electric two-wheelers even after the conclusion of the Faster Adoption and Manufacture of Electric Vehicles (FAME II) scheme.

The Delegation of the European Union to India, in collaboration with The Office of the Principal Scientific Adviser to the Government of India, has announced an Expression of Interest (EOI) for start-ups and SMEs operating in the EU specializing in Electric Vehicle Battery Recycling Technologies. This initiative falls under the umbrella of the EU-India Trade and Technology Council (TTC).

India’s electric vehicle sector is poised for a significant boost thanks to the recently unveiled EV policy, according to a report by ICRA Limited, a leading credit rating agency. The policy’s focus on electric two-wheelers (e4w) and mandatory localisation is expected to catalyse growth in the medium term and empower domestic component manufacturers.