While the value of the deal could not be ascertained, it is estimated that it could be around $100 million (Rs 450 crore approximately).
Even as India goes green, lack of uniform standards for setting up charging stations is holding back companies. Alnoor Peermohamed reports.
Large manufacturers are investing in small companies to get a peek into their R&D. Alnoor Peermohamed and Anita Babu report.
Electric mobility in India is touted to be the way to the future, but implementation of large-scale projects to bring infrastructure for charging is still lacking.
If you opt for a petrol variant, you will need to reapply for loan.
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