Star iGlobal Automotive Pvt Ltd envisages green field integrated plant for the production of Electric Vehicles such as E Rickshaw which are very popular in India for last mile connectivity now a day and also for zero emission. We will also manufacture the chargers and grid for the same starting from MP and later in other regions. In the next phase we will add the manufacturing of Lithium Ion Batteries also. In India, electric 3-wheelers have been partly successful, however not much diffusion of electric vehicles has happened within 2-wheelers, 4 wheelers and city bus fleets. Techno-economic assessments however show that electric two wheelers can become commercially viable by 2020 itself and electric four wheelers can be a major technology option by 2030, if the government provides incentives and the infrastructures for charging are available. A strong climate policy also advances the cause of electric vehicles.
Manufacture of motor vehicles, trailers and semi-trailers
Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.