GEMPL’s electric three-wheelers were already benefitting from the EMPS 2024 subsidy scheme.

At the 64th Annual Convention by SIAM, the minister also highlighted the need to have more incentives for the infrastructure.

The EMPS 2024 was introduced on a temporary basis with a budget outlay of ₹778 crore.

Currently, there are 63 operational scrapping centres, 60 are under construction, and there are 40 in the pipeline.

Ather Energy is also working on a new battery platform that will reduce manufacturing cost.

India’s crash to death ratio is ghastly with the two-wheeler statistics being the worst of all road operators

While Skoda Auto India had already hinted on the Enyaq coming to India, the addition of another electric SUV for the country is big news.

The upgrades are on the same lines that we have already seen with the 2024 Xtreme 160R 4V.

This reduction in price is dependent on the variants the consumer chooses and there are additional benefits of upto ₹45,000 as well.

The IPO comes at a time when Ather Energy will establish its new factory in Maharashtra.