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Hot Pursuit News

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(28 Feb 2024, 09:56)

Gensol Engg rises as arm receives ARAI certification for EV

Gensol Engineering rallied 2.77% to Rs 1,223.15 after its subsidiary Gensol Electric Vehicles (GEVPL) received Automotive Research Association of India (ARAI) certification to launch its first flagship electric vehicle.


The ARAI certification process meticulously evaluates a vehicle's performance, safety, and compliance to vehicle regulatory norms. Gensol EV successfully met these criteria by navigating the rigorous assessments during the extensive vehicle testing process, stated the company.

This certification culminates the vehicle homologation process, which involved vehicle testing both in controlled lab environments and on diverse terrain conditions.

This new modern electric car will be manufactured in greenfield plant at Chakan in Pune, India, with an annual production capacity of 30,000 cars. The compact 2-door, 2-seater electric vehicle has features, such as a moonroof, ample boot space, in-cabin driver assistance technology, a comprehensive technology stack and AI-driven cloud analytics....

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