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Electric hopes

Policy clarity needed for electric cars

electric cars
premium

Business Standard Editorial Comment
Announcements within a day of each other by Ola Electric and Mahindra & Mahindra (M&M) that they would launch electric vehicles (EVs) by 2024 have certainly upped the game in this greenfield arena of the automobile market. Ola’s plans are characteristically ambitious. Founder Bhavish Aggarwal has declared that his offer will be the first electric car to give a range of up to 500 km and, with an all-glass roof and aerodynamic body, it will be the sportiest car ever built in India. M&M has not been far behind. After exiting the e-four-wheeler market in 2019, it announced the impending