Twenty Two Motors aims to sell 50,000 electric scooters after its launch

Gurgaon-based electric vehicle startup showcased its electric scooter named ‘Flow’ to be launched in the Auto Expo 2018, aims to sell 50,000 units in the first year. “We are confident. The charging anxiety is not there can remove the scooter battery and charge out from 5 Ampere socket. The scooter goes up to 80 km on a single charge have to charge only twice or thrice in a month," said Kharb, Co-Founder & CEO

Ashok Leyland to invest 400-500 crore on Electric Vehicles

Ashok Leyland is looking at investing Rs 400-500 crore in its electric vehicle business over the next three to five years.“We are preparing ourselves for the electric vehicle movement that is going to happen over the next five to 10 years… it’s a question of survival… so (we will invest) at least Rs 400-500 crore over the next three to five years,” Managing Director Dasari said.