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Eye on 9 million plus EV sales by 2027, government, auto companies gear up to tap India's potential

The Business Guardian

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July 09, 2023

The holy city of Ayodhya is all charged up, albeit for a different cause with Tata Power and Ayodhya Development Authority joining forces to instill faith in e-mobility by installing electric vehicle (EV) charging stations in various public-parking areas with the aim of accelerating the adoption of EVs.

- NIVEDITA MUKHERJEE

Eye on 9 million plus EV sales by 2027, government, auto companies gear up to tap India's potential

Adoption of sustainable transportation solutions in this city of pilgrimage could make EVs more affordable and accessible to the people of Uttar Pradesh. Under this collaboration, announced in June 2023, Tata Power will install EV charging points at places such as Parking Survya Kund, Guptar Ghat, Amaniganj multi-level parking in front of the Jalkal Department, Kaushesh Kunj MLCP parking near the Ayodhya railway station, Tedhi Bazar MLCP parking on the east and west sides of Ayodhya as well as the Collectorate Office parking in Ayodhya. Escalating the nationwide drive to send out a powerful message about the importance of transitioning to cleaner and greener modes of transportation— this time even to pilgrim centres—Maruti Suzuki on 5 July launched the INVICTO, a premium three row utility vehicle (UV) with a revolutionary intelligent electric hybrid system in line with MSIL’s vision of a cleaner, greener, sustainable and carbon neutral world. Maruti’s most expensive offering till date unveils a new era of luxury starting at Rs 24.79 lakh with an electric hybrid powertrain with 2.0L engine and e-CVT transmission for an exceptional fuel-efficiency of 23.24 km/litre. The sophisticated dual powertrain system, combining an electric motor and a petrol engine, allows seamless transition between the engine, hybrid and electric drive modes. Chennai based EV Motorcycle startup, Raptee opened their first factory last month for manufacturing EV motorcycles to be rolled out later this year. Conceptualised in just 2019, Raptee plans to invest Rs 85 crore in this plant which will have an annual capacity of 1 lakh units and house a dedicated battery pack assembly line. The plans include a R&D centre with state-of-the-art development and testing facilities on-site to aid in future products.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

DURGA PUJA AND DUSSEHRA: WHEN THE DIVINE RISES

India, a land of diverse cultures and religions, celebrates many festivals that are deeply rooted in spirituality and tradition.

time to read

3 mins

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The Business Guardian

The Business Guardian

Dance of the divine: The spiritual essence of Garba and Navratri

Garba is a vibrant and devotional folk dance form from Gujarat, traditionally performed during the nine nights of Navratri to honor Goddess Durga.

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3 mins

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The Business Guardian

Bengaluru housing sales rise amid festive season

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1 min

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The Business Guardian

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1 mins

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The Business Guardian

The Business Guardian

India secures Rs 1.02 lakh crore investments

The government has signed agreements with 26 overseas and domestic firms during the ‘World Food India’ summit for investments worth Rs 1.02 lakh crore in India’s food processing sector.

time to read

1 mins

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The Business Guardian

Delhi's CR Park transforms into vibrant ‘Mini Bengal'

With the Durga Puja festivities in full swing, the lanes of Delhi's Chittaranjan Park have started glowing with the warm scent of fried fish, 'phuchka' stalls, egg and chicken rolls, and, of course, the sweets.

time to read

1 min

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The Business Guardian

The Business Guardian

CARE Ratings reaffirms Aavas Financiers’ Rating, outlook upgraded to positive

Aavas Financiers Limited, one of India’s leading affordable housing finance companies, announced that CARE Ratings Limited has reaffirmed its credit ratings while revising the outlook from ‘Stable’ to ‘Positive’.

time to read

1 min

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The Business Guardian

The Business Guardian

Look in your own backyard too, sir!

Why is India in the list of drug trafficking countries? And will America set up a military base in Bangladesh?

time to read

4 mins

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The Business Guardian

The Business Guardian

DALIT PANTHERS: A SHORT-LIVED UPRISING IN MAHARASHTRA

By the mid-1970s, Dalit Panthers had chapters across urban and rural Maharashtra. They also participated in wider struggles - famously backing the 1974 food riot movement led by socialist women which forced then-Chief Minister Shankarrao More to improve grain rations.

time to read

7 mins

September 29, 2025

The Business Guardian

The Business Guardian

Buy and sell indigenous products, necessary for Atmanirbhar Bharat: CM

“4 Bees

time to read

1 min

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