Indian tech company Ola has announced plans to invest Pound 100 million in the UK to open a research and development facility for a planned electric car, in a significant boost to the British automotive industry.

The new Aprilia SR 160 will be available at a price of Rs 117,494 Ex showroom Pune and Aprilia SR 125 priced at Rs 107,595 Ex showroom Pune. It can be booked for an initial amount of Rs 5000.

Electric vehicle maker WardWizard Innovations & Mobility plans to invest Rs 1.5 billion in the business in the next six months to ramp up technology and infrastructure, due to increased demand.

E-Ashwa Automotive is the leading EV manufacturer that has achieved a major milestone by gaining more than 200 stores in India on the eve of World EV Day 2021.

Swappable Batteries Motorcycle Consortium aims to broaden the use of light EVs, such as scooters, mopeds and motorcycles. It would support the sustainable management of batteries in light EVs.

HOP Electric plans to launch an e-bike called OXO and follow it up with two more scooters. It will set up another plant in Jaipur by February 2022 to increase its production capacity to 1.5 lakhs per year.

Simple Energy plans to launch a B2B product by 2021, a new powertrain by mid-2023 and an e-bike by 2022. It was currently focusing on setting up a factory with one million capacity at Hosur

Chara will design and manufacture customised motors for Bounce based on its innovative motor and drive technologies. The partnership will make EV manufacturing sustainable and empower the local ecosystem.

The Indian government is discussing cutting the import duties on EVs to 40%. The government is open to a duty cut if it sees an economic gain but Tata Motors and Ola are against the proposal.