💨 Abstract

A UK electric vehicles delegation of six innovative SMEs visited Kolkata to explore business opportunities in India, focusing on the 2- and 3-wheeler EV segments. The visit, facilitated by Connected Places Catapult, aims to boost bilateral trade and investment. However, the adoption of EVs in India faces financing challenges, including high capital costs, unclear insurance policies, and limited charging infrastructure.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖