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E-Mobility Accelerates as a Top Climate Tech Investment in 2024 With $1.2 Bn+ fundraise by mobility sector companies, India’s EV sector is charging ahead, driven by strong policy support, rising adoption, and increasing investor confidence. 🔍Gain deeper insights through our new release “Annual Indian Climate Funding Roundup Report 2024”: https://lnkd.in/d7f_jZMF. IPO Performance: Ola Electric’s $635 Mn IPO became the second-largest climate tech IPO globally in 2024, signaling strong market demand for EV manufacturers and ecosystem players. Private Market: The mobility sector secured $600 Mn+ in private funding, with notable raises from renowned players including Kinetic Green and Everest Fleet. Mobility leaders in limelight: Mobility leaders Sulajja Firodia Motwani (Kinetic Green) and Siddharth Ladsariya (Everest Fleet Pvt. Ltd.) share their future aspirations to drive the Indian electric mobility segment through rapid expansion and innovation. Moving Forward: India hit its 2 Mn+ EV sales milestone in 2024 powered by its “green discount” as highlighted by LeapFrog Investments’s Climate Investment Strategy Co-Head Nakul Zaveri. The government’s $600 Mn+ incentive introduced in the FY25-26 Budget for emerging EV categories and infrastructure are set to accelerate growth further with renowned industry players powering Luxury EV segment expansion. Stay tuned for further insightful reports on Climate tech from Climate Tech team at Felix Advisory Private Limited, led by Swetabh Pareek. #EV #Mobility #ClimateTech #Investment #ElectricVehicles #SustainableMobility #EVRevolution #GreenInvesting #NetZero #FutureOfMobility #IndiaEV #ElectricCars #EVFunding #GreenFinance