Govt policy towards battery swapping infrastructure to give biggest push to EV segment

The Indian government's policy on battery swapping infrastructure is poised to significantly boost the electric vehicle (EV) industry, particularly in the two-wheeler and three-wheeler segments. This is expected to reduce the overall cost of EVs and accelerate their adoption.

- RITWIK MUKHERJEE

It develops and manufactures high utility and efficient Electric Vehicles for Indian commuters, which provide better comfort and safety at minimal cost, with the aims of becoming an industry leader by selling more than 3,00,000 vehicles every year in electric two wheelers and three wheelers segment by 2027. Its facilities engineer unorthodox powerful designs that foster innovation and comfort in day-to-day life. The technology it is enriching is bound to go on leaps in future. Understanding the needs of present ensures formation of concrete markets for future.

In everything it undertakes, Lohia Worldspace is defined by civic-minded responsibility, rigorous research, innovative processes, global vision, forward-thinking, and a passion for design and culture. It provides commercially grounded, yet ambitious and exceptionally liveable developments that exceed expectations. It pursues outcomes that are socially, environmentally, and economically sustainable & enable action across government, institutions, and organizations.

Speaking to The Statesman, Ayush Lohia, CEO, Lohia Auto Industries, and a true believer of the leadership philosophy of, 'Lead from the front, lead by example', narrates the journey of Lohia Auto, and outlines the company's future roadmap and strategies. Excerpts:

Q: Please walk us through the business journey of Lohia Auto and its significant milestones and crucial achievements.

A: Lohia Auto was established in the year 2008, with an objective to provide clean, efficient, reliable and affordable inner-city as well as rural transportation. Within a short span of 5-8 years we have captured the electric vehicle market and became the first Indian company to set up our own integrated Electric Vehicle manufacturing facility at KASHIPUR, UTTARAKHAND.