Experience - If India goes all electric by 2030, this AI-powered scooter may be the vehicle of choice

By : ET RISE Date : 28-Aug-2017

Name of the Company: Twenty Two Motors 
Launch date: 
August 2016 
Founding team: Parveen Kharb (CEO), Farhaan Shabbir (President), and Vijay Chandrawat (COO) 
Location: Gurgaon 
Funding Raised in 2017: $1.6 million 
Overall Funding Raised Since Starting Up: $1.6 million 
Strength of the company: 20 
Industry it operates in: Electric Vehicle 

The movement towards making electric vehicles (EVs) mainstream received a great push by Elon Musk; however, there still remains a long stretch for EVs to cross before they become ubiquitous on Indian roads. The momentum has gathered speed in the recent years, but there are several speed bumps in front of EVs before they can overtake the petrol and diesel variants as the preferred modes of transport. 

The Government of India envisages an all electric car fleet by 2030 and wants the sale of petrol and diesel cars to stop by then. Even before this announcement, there are already several big corporates as well as startups that are working hard to resolve the problems keeping the EV market in a stranglehold. 

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