Goyal Aluminium to make its entry into EV segment

Goyal Aluminium has stated that it will enter the electric vehicle market via the recently formed company Wroley E India. The company will produce low-speed and electric scooters for the Indian market, according to an exchange filing. The corporation stated in a statement that the choice is consistent with the government’s “Clean India and Green India” strategy in light of the rising pollution levels in the country. According to a corporate release, Wroley E India has received approval from Shri Ram Finance to provide clients financing options to pay for its electric scooter in monthly installments. “This will make it easier for customers to choose e-scooters over existing fuel-mechanic vehicles in the two-wheeler segment,” the statement said.

 

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