Macquarie to Invest $1.5b in Indian EV Sector, Focus on Fleet Electrification

JBM, Eka Mobility to buy 2,000 e-buses; Tata Motors to buy 2,000 EVs from Vertelo platform by Macquarie
JBM, Eka Mobility to buy 2,000 e-buses; Tata Motors to buy 2,000 EVs from Vertelo platform by Macquarie
After announcing the deal with OLA Electric, Pavna Industries Ltd witnessed a 4.99% surge in its shares
Apart from EV price reduction globally, the stock of Tesla has plummeted by more than 40% year-to-date
Hyundai Motor estimates that the 174-MW EV plant deal will reduce 140,000 tonnes of carbon emissions annually
The expected price of Kia EV2 is around Rs 12-12.5 lakh, making it the most affordable Kia EV on launch