'Electric 3-wheeler market set for consolidation'

The electric three-wheeler market in India, currently fragmented and facing stricter battery regulations and reduced government subsidies, is poised for consolidation, according to Sulajja Firodia Motwani, cofounder of Kinetic Green. Despite the market's shifts, Kinetic Green plans to grow organically rather than through acquisitions, focusing on collaborating with smaller players lacking technology or network capabilities.