Slew of launches prove EVs sole alternative for decarbonisation: Iyer

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Slew of launches prove EVs sole alternative for decarbonisation: Iyer - Business Standard

Quick Summary:

So, the companies that were into the establishment of charging systems or battery recycling systems were a bit cagey because they never knew the pace of transformation.

He said that there is a need for a Unified Payments Interface (UPI)-like moment for EV charging.“For example, just as all banks operate on a single platform for payments, can't there be a unified platform for charging?

Mercedes-Benz India's EV penetration went up to six per cent in 2024 from three per cent in 2023.