Oppo Is Launching Electric Cars In India: Expected Launch Date, Price & More
Amid the increasing race for attaining a greater share in the electric vehicles market, smartphone makers have started to deviate their interests, eyeing debuts in the EV space .
According to an exclusive report, the Chinese conglomerate BBK Electronics which owns smartphone brands like OnePlus, Oppo and Realme is allegedly working towards launching its electric vehicle in India.
Smartphone brand Oppo is touted the most towards launching these EVs, as the brand is reported to have filed trademarks for various auto products, including products concerning EVs and driverless cars in India.
Oppo Could Likely Launch EV by 2024
According to a report by 91Mobiles, Oppo has begun planning for its EV work in India and could launch its first EV(s) in the country by late 2023 or 2024.
Oppo is keen on tapping into the nascent electric vehicle space in India and tipped to be working on an electric car for the Indian market.
There has however, been no information or confirmation of Oppo’s development on this matter by the company, like release of any technical or hardware details regarding the EV but sources confirm that the smartphone major could leave out little traces of what can be expected from its EV, once it achieves a level of progress on the same.
At this moment, it also remains unclear whether Oppo will partner with third-party automakers for the production or if it will simply outsource the components and manufacture the EVs in-house, states the feed.
Moreover, smartphone companies like Oppo or Realme could also release their own affordable electric scooters, amid the rise in demand for electric scooters in the country.
Volume of EV Sales Rise
A development of this sort for Oppo is good news for the company, given the ongoing increase in demand for EVs in India.
The sales of electric cars in India have rallied 234% for H1 FY22 to 6,261 units, compared to 1,872 units sold in the same period last year.
The individual subsidies and state and central governments benefits under the FAME II initiative have further helped with the growth, added the report.