Game-changer? Bounce turns old scooters into electric vehicles.
. Subsidy on battery
. Bounce converted 100 old scooters by spending Rs 25,000 per vehicle on electric motors and another Rs 45,000 on each battery.
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Xiaomi to enter electric vehicle business with $10bn investment
Chinese phone maker Xiaomi is wading into electric vehicles business with a $10bn (£7.3bn) investment over ten years. The Chinese tech giant’s goal is to “offer quality smart electric vehicles,” it said on Tuesday. Xiaomi is the world’s third largest smartphone maker behind Apple and Samsung, according to data firm Canalys. The company will be […]