Follow us
Gensol EV: Shiny Expo, Silent Factory
The dramatic unravelling of Gensol Electric Vehicle’s Pune operations—marked by no production, job cuts, and allegations of investor misdirection—offers a sobering insight into the volatile world of EV startups.
9686 Views
On April 9, when National Stock Exchange (NSE) officials visited Gensol Electric Vehicle's facility near Chakan in Pune, they were expecting to see a company ready to go into production in two months. Instead, they found an eerily quiet plant with barely two or three workers.
This is despite the fact that Gensol Engineering, the parent company, had informed investors of receiving ‘pre-orders’ to supply 30,000 vehicles—primarily the EZIO and EZIBOT models showcased at the Bharat Mobility Global Expo 2025. The pre-orders, as it turned out, were non-binding in nature.
“Prima facie, it appeared that the company was ...
RELATED ARTICLES
Upping the Game: Tata Motors' Investment Plan for EVs, Hatchbacks and Capacity Expansion
Kiran Murali
09 Jul 2026
Tata Motors has big plans for its passenger vehicle business, with product launches lined up across segments, new capaci...
How Mercedes-Benz's Bengaluru Hub Ended up Driving its Global Software Backbone
Ketan Thakkar
07 Jul 2026
Mercedes-Benz’s global technology chief says Bengaluru is playing an increasingly central role in software, infotainment...
Beyond E20: How Geopolitical Crisis and an Industry Standstill Forced India to Redraw its Ethanol Roadmap
Shahkar Abidi
02 Jul 2026
As Brent crude spiked past $119 a barrel, India fast-tracked E22-E30 certification in weeks, reviving a Rs 50,000-crore ...
