September 15, 2024 8:03 PM

New players emerge as India’s EV two-wheeler market expands

India's electric vehicle (EV) two-wheeler market is witnessing a surge in competition as the government rolls out incentives for the production and purchase of EVs. A wave of new entrants is now challenging established players to secure a share of this fast-growing segment. One such newcomer is Warivo Motors, based in Gurgaon, Haryana. Warivo Motors, which aims to compete with major brands like Ola, TVS, and Ather, has established a production facility in Haryana's Sirsa district. Rajiv Goel, D...