Oppo to foray into India’s electric vehicle industry by 2024: Report - News Summed Up

Oppo to foray into India’s electric vehicle industry by 2024: Report


Smartphone brands like Oppo, OnePlus, and Realme are planning to introduce electric vehicles in India. India’s nascent EV sector may see several other smartphone makers racing to make their mark in the upcoming years. One such consumer electronics company, Oppo, is reportedly planning to enter the EV space in India by the year 2024. Sources familiar with the matter cited that smartphone brands like Oppo, OnePlus, and Realme are exploring options to develop electric vehicles in the country. India's electric vehicle sector, which is still in its infancy, has been an object of keen interest due to the enormous potential that the current market holds.


Source: Hindustan Times November 24, 2021 11:14 UTC



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