article thumbnail

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 trillion NPR ($14 billion) for the energy sector in Nepal. The government has set the growth of 6.5

Nepal 103
article thumbnail

Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. The company ships to South Africa, Nepal, Kuwait, South America, and Sri Lanka. EV plans for Bounce Infinity also include building a battery swap network.

article thumbnail

Rise of petrol prices boosting sales of electric two-wheelers in India 

Electric Vehicles India

Rise of petrol prices boosting sales of electric two-wheelers in India . The rise in the petrol prices increases from INR 89.16/litre There are at least 25-30 cities where petrol price has crossed Rs 100 per litre. If we take the example of Mumbai petrol price Rs 107.83 (per litre)X 365 days=Rs.39,357.95

Petrol 104
article thumbnail

Chat with Dr Nishanth, Founder PURE EV : Electric Scooter Service Focus

Plug In India

By Atul Gopal In this 5 part series, we speak to Dr Nishanth, the founder of from PURE EV , who manufacturers Electric scooters and Lithium-Ion batteries in Hyderabad, India. We talk about Electric scooter servicing, NMC vs LFP batteries and more. The biggest problem is battery performance. One in Bangladesh being added soon.

Dealers 52
article thumbnail

Electric two-wheeler sales surge to 935,000 units in FY2024 | Autocar Professional

Baua Electric

While it produces the electric motor and battery pack indigenously, manufacturing of BMS and digital instrument clusters is outsourced to players like Foxconn. Priced at Rs 189,000, the Apex 450 uses the same 3.7kWh battery pack as the 450X but claimed IDC range has gone up to 157km, due to the new regenerative braking system.

Sale 52