By Gunjan Malhotra The transportation sector, second-largest greenhouse gas emitter, is aiming to reduce environmental impacts. The market for electric vehicles has grown significantly in the past five years, driven by customer preference for zero-emission vehicles, particularly electric scooters. Despite the COVID-19 pandemic impacting vehicle production, overall sales volumes remained positive. The market for all electric vehicles is expected to grow from $388.1 billion in 2023 to $951.9 billion by 2030 at a 13.7 per cent CAGR. The electric vehicle (EV) battery is crucial for long-term performance and efficiency, and...
As offices across the country are increasingly going back to the on-site work model and asking their employees to come to office on all five days of the week, traffic woes have emerged as working professionals’ biggest concerns! With heavier traffic during peak hours it gets very challenging for people to reach office on time especially when they are driving a four wheeler to work or taking an Uber/Ola ride. People end up wasting a lot of time on the road and this can not only be tiresome and tedious...