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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A big bang announcement to manufacture electric cars and multiple rollout deadlines later, his publicly listed Gensol Engineering has little to show for except a tadpole-like three-wheeler that is yet to prove itself.
Anmol Singh Jaggi has taken a leaf out of Bhavish Aggarwal’s playbook. Like the Ola Cabs founder, he sees the future of mobility as electric, with India taking the lead in manufacturing electric vehicles. And so, like Aggarwal, Jaggi has embarked upon his EV dreams, despite having no experience in automobile manufacturing.
The first-generation entrepreneur who built Gensol Engineering Ltd—a listed company in the solar EPC (engineering, procurement and construction) and advisory business—with his brother Puneet Singh Jaggi, says his company would start production of its first EVs in February 2024, The Economic Times reported on Sunday. Except, this is …
The startup isn’t sure where its future lies—in electric motorcycles or the more recently announced electric scooter? Unsurprisingly, none of the products have amounted to anything so far.
The EV maker is turning to gig-worker rentals to absorb its scooter output. But questions on cost, competition and execution make its latest pivot uncertain.
The EV maker is back for fresh capital as its businesses fail to generate enough to sustain themselves.
