Reforms and incentives are attracting international investors looking to diversify away from China amid its intensifying rivalry with the US. But India still has a way to go - on trade ties, education and infrastructure, among others - if it wants to catch up to its giant northern neighbour
The dialogue with Bharath Rao, Co-Founder & CEO of Emobi, sheds light on the burgeoning transition towards electric vehicles (EVs) in the realm of last-mile delivery (LMD). This pivot not only marks a significant stride towards environmental sustainability but also heralds a new era of cost-efficiency and operational effectiveness in logistics. With an increasing global consciousness towards sustainable living, the inclination towards electric mobility solutions has seen a remarkable uptick. Survey data indicating a substantial majority's readiness to embrace e-mobility, with a particular emphasis on electric office transportation, underscores the paradigm shift in societal attitudes and preferences.
A Bengaluru-based startup, Emobi, intends to enter the diverse segments of electric vehicles, including last-mile delivery, passenger transport, utility vehicles, and personal commuting in collaboration with various prominent players in the segment.
Especially two-wheelers, have become more popular in India in the past few years. Last year, over 15 lakh EVs, spanning across segments were sold. Thus, witnessing a growth of more than 48 percent compared to 2022 when around 10 lakh units were sold. Despite a notable overall growth in EV sales, there was a temporary slowdown specifically in electric two-wheeler sales around mid-2023.
The auto industry has undergone an extreme transformation driven by technology, particularly software innovations that elevated safety, sustainability, connectivity, and the overall user experience. Advancements in the field of EVs, autonomous driving, and software updates have revolutionised and enhanced the vehicle&s performance, and improved vehicle design, manufacturing, and operational services. The integration of advanced technologies like human-machine Interface has redefined user interaction, all accessible remotely.
This budget is especially significant for the enterprise and technology sectors, poised at the forefront of India&s economic growth. There is a keen anticipation for initiatives that could stimulate these sectors, focusing on the integration of cutting-edge technologies, attracting foreign investments, and bolstering digital skills. Additionally, the creation of job opportunities and industry-specific insights are highly awaited. These measures are vital for enhancing India&s business ecosystem, offering a glimpse into the strategic direction the budget is expected to take.
In 2023, a total of 15,30,326 electric vehicles were registered across segments in India, compared to 10,25,134 units in 2022, which translates to a growth of 49.28 percent.
Bengaluru-based electric vehicle start-up Emobi Manufactury (Emobi) has announced a strategic partnership with Musashi Seimitsu (Musashi), and Honda Power Pack Energy India (HEID) for its electric scooters. The start-up has developed an electric two wheeler using Musashi’s high-performance powertrain with Battery-as-a-Service provided through Honda Power Pack Energy battery swapping solutions.
Emobi has announced a strategic partnership with Musashi Seimitsu and Honda Power Pack Energy India (HEID). Designed to cater to the last-mile delivery and bike taxi services, the E2W competes with traditional 125CC internal combustion engine (ICE) vehicles in both performance and affordability, a significant milestone in India's journey towards a greener and more innovative transportation future.
The start-up has developed an electric two-wheeler using Musashi’s high-performance powertrain with Battery-as-a-Service provided through Honda Power Pack Energy battery swapping solutions.
Emobi has developed an E2W using Musashi’s high-performance powertrain with the battery swapping solutions provided through Honda Power Pack Energy India. The E2W is designed for performance, reliability and affordability, targeting a best-in-class vehicle for the last mile delivery / bike taxi segments, the company said.
Bengaluru-based electric vehicle start-up Emobi Manufactury (Emobi) has announced a strategic partnership with Musashi Seimitsu (Musashi), and Honda Power Pack Energy India (HEID) for its electric scooters. The start-up has developed an electric two wheeler using Musashi’s high-performance powertrain with Battery-as-a-Service
