The Gurgaon-based firm, which sold around 53,000 electric two-wheelers last fiscal to lead the vertical, also aims to set up around 20,000 charging stations across the country over the next two years to ease range anxiety issues

As the world looks to gradually move to electric vehicles, the company plans to work on innovations across commercial and personal platforms.

The new policy provides a host of financial incentives for buying electric vehicles in the capital, over and above the subsidies already being provided under the central government's FAME scheme

After the launch of its flagship product the 450X a few months ago, Ather is now looking to scale up to 20 cities by the end of 2021. The company has said the 450X will be available in cities like Hyderabad, Pune, Delhi and Mumbai, with deliveries beginning in October 2020

Auto expo 2020 India: Bookings for Mahindra eKUV100 will open in March and the deliveries will begin in April. It comes with an electric motor that delivers 54hp and 120Nm of peak torque and has an automatic transmission

In India and elsewhere, the electric vehicle story has not quite lived up to the overzealous projections of a few years ago. A course correction is under way

The industry, this budget has sought measures such as reduction in GST rates on vehicles, incentive-based scrappage policy, increase in re-registration charges of vehicles and the abolition of duty on import of lithium-ion battery cells

Global investors' interest in auto-tech start-up comes at a time when the Indian auto sector is battling its highest de-growth in monthly sales over the past 19 years

Shares of auto companies saw selling pressure on Monday with index heavyweights hitting their respective 52-week lows due to subdued demand, disappointing quarterly results along with regulatory and policy uncertainties.

The government says the industry is not doing enough, the industry says the government is being unrealistic. Electric mobility has pitted both against each other

The think-tank, which is chaired by Prime Minister Narendra Modi and plays a key role in policymaking, had recommended that only electric models of scooters and motorbikes with engine capacity of more than 150cc must be sold from 2025

India is one of the world's largest two wheeler markets with sales of more than 20 million scooters and motorbikes last year.

The government is looking to push the new policy to boost the adoption of EVs as it tries to bring down its oil imports and curb pollution

From more stringent safety and emission norms to a bigger fundamental shift towards electric vehicles, the fast growing Indian automobile industry is staring at an unprecedented churn.

India's automakers will have to make a lot of effort to survive the coming electric vehicle revolution.