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There's a new entry in India's electric rickshaw race

London (CNN Business)In India, electric rickshaws are increasingly seen as a way to cut air pollution.Motorbikes and three-wheel rickshaws are ubiquitous in the country, and India's government announced last year that only electric two and three-wheel vehicles would be allowed by 2025.Bangalore-based startup Altigreen is among the companies looking to fill this space, as it prepares to hit the market with its debut three wheeler. Change from the bottom up Altigreen, founded in 2012, started out retrofitting diesel and petrol cars with electric motors to convert them to hybrids. The company will launch its first — as yet unnamed — fully electric vehicle "within the next quarter," according to CEO Amitabh Saran.A partner company is produc ...
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