electric vehicles | Page 2

Electric vehicles, or EVs, are transforming the automotive industry by providing a technologically sophisticated, efficient, and environmentally friendly substitute for conventional gasoline-powered automobiles. EVs are recognized for saving gasoline but have many other advantages beyond this benefit.

Shared electric mobility provider Yulu has been riding on the rise of the hyper-local quick commerce segment in India to drive growth and profitability. Nearly 70 per cent of its business currently comes from the quick commerce segment, while food delivery and other segments account for the rest.

Innovation and research will be key in driving down costs and improving efficiency of electric vehicles.

With an eye on giving customers a different retail experience and a post-purchase exposure, where they have access to both the dealership facilities and company, the auto giant started on an EV exclusive retail footprint