News > India’s EV startups get backed heavily by investors

India’s EV startups get backed heavily by investors

Techno Sports | 23/03/2021 09:47 PM | Click to read full article

Naturally, if you are into Tesla, you would be happy to know that many Indian EV startups are working to revolutionize the Indian EV market totally. Even though India's government has been supporting a sustainable future, electric vehicles are being promoted more frequently by the government.

These startups are looking to storm Indian people and target the increasing demand for EVs across the globe. Take the example of Ola, which will be building the world’s largest two-wheeler manufacturing facility called Ola FutureFactory in fact; it will have the ability to produce 10 million e-scooters every year.