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.
By Shahkar Abidi
9800 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
From Watches to Factory Automation: Inside Titan Engineering’s Next Growth Bet
Darshan Nakhwa
21 Aug 2026
Born from Titan’s need to build its own watchmaking equipment, TEAL has grown into a nearly ₹1,500-crore engineering bus...
Engineering for an Uncertain Future
Prerna Lidhoo
21 Aug 2026
With no clear winner among powertrains, flexible multi- energy platforms are becoming the industry's biggest insurance p...
BKT Bets on Digital, AI and Rider Communities to Build Consumer Tyre Brand
Darshan Nakhwa
20 Aug 2026
BKT plans to use digital media, AI-led consumer engagement and community marketing to build recall as on-highway tyres b...
