SML Isuzu forays into EV segment with Hiroi.ev, bullish on govt schemes

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Commercial vehicle maker SML Isuzu has forayed into the electric vehicle business with the launch of Hiroi.ev platform for commercial buses that are expected to be rolled out in the April-June quarter this year, a senior company official said.

While admitting the continuing dominance of diesel, petrol, CNG-based vehicles, the company expects the government's sustainability targets and programmes to push demand for EV buses and bring down cost of production with large volumes.

"As we introduced our first ever EV bus, I think technology is available and we are ready for implementation.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Hiroi.ev Electric vehicles SML Isuzu EV segment Hiroi.ev

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-18 @ 21:40:42 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25237371

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