“Five years from now no new Internal Combustion (IC) engine two-wheelers with liquid fuel will be sold in this country.”
– Vellayan Subbiah, Chairman, Cholamandalam Investment & Finance & MD-TII Ltd.
“Electric is the only automotive category out there.We are in the midst of an exponential growth… The petrol vehicle getting substituted by an EV is going to create demand like we have never seen.”
– Tarun Mehta, Co-Founder & CEO, Ather Energy.
“Large auto companies are carving out separate, nimble entities for EVs which would operate like start-ups backed by the corporation’s strength of finance and experience. Almost 50 per cent of the ride Indians will take in 2030 will be through shared mobility. Hence the focus on electric vehicles for mass mobility.”
– Mahesh Babu, CEO, Switch Mobility (Hinduja Group).
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