India’s snail-paced growth of its electric car market is all set to get a massive surge in the next five years going by Ola’s investor Softbank’s Masayashi Son’s surprise statement at the recent HT Leadership Summit.
He said he would gift one million of these cars to Ola drivers for free. He met Prime Minister Modi and is reported to have promised to make these cars in India. Only 2,000 electric fourwheelers were sold in the 2015-16 financial year in India.
This story is from the December 2016 edition of Sustainability Next.
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This story is from the December 2016 edition of Sustainability Next.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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