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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.

18 Apr 2025 | 9951 Views | By Shahkar Abidi

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 ...

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