Bicycles get charged up

  • | Wednesday | 20th December, 2017

But unless the government comes forward to promote energy management, electric mobility will not take off in India," he says. When S Manikandan was priming his foray into electric vehicles (EVs), he decided to tap an unusual source for funding his venture. "After seeing the success of crowdfunding, we knew that it (electric vehicles) has a potential and future," he says with a smile. "Since there were not many in this category (of vehicles), we decided to diversify," Manikandan says.But why is Spero making these vehicles in Coimbatore? The Centre's plan to amend the 'Electricity Act' to allow private investors to set up charging stations for electric vehicles has given him hope.

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