Tag Archives: JSW

JSW to roll out Electric Car by 2020

JSW Energy a company with net profit of 2.17 billion rupees for the quarter ended June 2017 is now embarking upon the journey to build electric cars, batteries and charging infrastructure in India as a part of its diversification plans to drive future growth.

It plans to invest up to 40 billion rupees ($623 million) over the next few years and expects its first electric car to be rolled out by 2020. In a welcome break it is the first non-automotive company in India to not only build electric car but batteries and charging infrastructure too.

JSW, is on the lookout for … 

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JSW Steel & Electric Car

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Dont know if a Steel company should be more interested than an Aluminum company in making Electric cars but here is one of India’s biggest conglomerates toying with the idea of making electric cars!!! One way would be to make different lightweight body for electric cars, rickshaws, motorcycles & scooters!

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Infrastructure group JSW plans to diversify into electric car… Continue reading