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This outstanding achievement highlights Rapido's role in transforming last-mile connectivity and reducing the load on public transit systems across the country.
Sales in the E3W L5 Passenger Vehicles category increased to 11,777 units from 6,952. E3W L5 Cargo vehicles sales increased from 2,642 to 6,554 units.
YC Electric, Saera Electric, Dilli Electric, Mahindra Last Mile Mobility and many other OEMs have announced their sales figures for March 2024.
In March, the company dispatched 365,904 vehicles, including two-wheelers and commercial vehicles, up from 291,567 the previous year.
Zen Mobility's flexible financing options aim to make EVs more accessible to a wider audience.
Three-wheelers segment sold 630,080 units, up 57% year on year (FY2023: 402,098 units), accounting for 38% of total EV sales in FY2023.
The government has reduced incentives for e-rickshaws and e-carts from Rs 10,000 per kWh, or 20% of the vehicle's cost, to Rs 5,000 per kWh, with a limit of Rs 25,000.
After success in the electric two-wheeler (2W) market, Ola Electric is now set to expand its footprints in the 3W segment, signalling a transformative change in urban mobility.
The RAAHI plan aims to replace over 12,000 aged diesel three-wheelers by methodically selecting beneficiaries who have been assessed by the Amritsar Smart City Limited team.
Revfin and SUN Mobility collaborate to offer fast financing for electric vehicles, fostering a greener future with innovative technology.
The Greaves Eltra City is powered by a 9.6 kW motor and has a 10.8 kWh lithium-ion battery.
The collaboration aims to provide eco-friendly options for short-distance travel.
Piaggio Fast Forward unveiled Kilo, its latest smart-following technology, at Modex in Atlanta, Georgia.
The project is expected to create over 10,000 job opportunities.
Rural autorickshaws are restricted from entering cities, and vice versa. The imposition of penalties by RTO authorities has made life difficult for these drivers.
