Ola Reduces Rare-Earth Magnet Reliance
The certified ferrite motor eliminates rare-earth magnets, ensuring supply chain stability and affordability for Indian EVs
The certified ferrite motor eliminates rare-earth magnets, ensuring supply chain stability and affordability for Indian EVs
Amara Raja Energy & Mobility Ltd, is ramping up its investment in lithium-ion cell production.
The Indian EV or electric vehicle market is projected to grow by 26.4% annually, reaching a total value of $2.5 billion by 2024