Folks Motor Eyes ₹200Cr Boom, Jumps into EV & Finance Game

[{"selector":"#anim-c0b812c2-56dd-4695-b2f7-dcd85bb77847","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ab42273-d258-4772-88d6-d0b9ff776aca","keyframes":{"transform":["rotate(-270deg) translate3d(0px, 4494.01681%, 0) rotate(270deg)","rotate(-270deg) translate3d(0px, 0px, 0) rotate(270deg)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Written by: Tabish Sultan Credits: Nikhil Anand Khurana, Linkedin EV Spotlight

Aiming for ₹200Cr Growth

[{"selector":"#anim-1bf03dca-affe-4ed0-8498-5f7dc84d2eac","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-760751c9-9b37-4bb2-9efd-0895b3ba4e93","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53d273b9-950d-461b-97cb-eb16a26eb311 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5dffd9ee-005a-493a-9980-a8af3f564b6a","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-359e20f8-ae01-49cd-bfc4-20bdecf0837a","keyframes":{"transform":["translate3d(-337.06895%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d0218adb-777a-44dd-9916-e224e46e2be5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca3dd0b4-b1f8-43ce-b7f6-e25908b74447","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Folks Motor plans to earn ₹200 crore by 2026-27. It is expanding its business in electric vehicle (EV) retrofitting, finance, and asset management to grow faster in India's EV market. Credits: FLUX-schnell

Turning Old Cars Electric

[{"selector":"#anim-c60a8c8d-a730-4dd3-82a0-32f83825e70f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a65ff12b-4d7a-4d21-b3c9-e89150f3816e","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d4beead-57a8-41ea-a290-34abde0f0075","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4e98157-3157-41af-9537-a17ee2d39941","keyframes":{"transform":["translate3d(84.56790%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-020d4ed8-2ef8-4f4e-9583-de8c792115a6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f5fe8854-4efb-4045-b76b-b3635646f8ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fee092eb-b4c9-4098-b5e5-fb69de22caa2","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The company helps transform petrol and diesel guzzlers into electric vehicles. This allows more people to afford switching to EVs, all while reducing pollution and making Indian roads much cleaner. Credits: FLUX-schnell

Providing Easy EV Loans

[{"selector":"#anim-bcb20a4b-83d6-435e-8fde-4d7641b85ac1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a675f6d2-83fe-4389-ac63-f1096d33a438","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89fcdb5a-d160-4270-ab3a-0539330bc479 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-33eb5153-879f-4c36-aac7-d556507ca4ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3042588-fad2-47b6-bde7-c3d915b0ed73","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e55405fa-bf58-4f93-9e13-2eb989325ead","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d0c5d9c-a5d6-40a9-9033-42a93925ecb7","keyframes":{"transform":["translate3d(-337.06895%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Folks motor is introducing a financing option for people wanting to purchase an EV or retrofit their current vehicle. Loaning to businesses will enable smaller companies and merchants to more easily enter the EV space. Credits: FLUX-schnell

Building EV Infrastructure

[{"selector":"#anim-4cf9f8bf-8ca9-4c15-9b9b-a815f64cc04f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4995d3b4-ab58-45a4-af11-56fd4483400f","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e016d49e-6b55-4ece-8bcf-a288cf3119ad","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-22280b72-d9dc-4e40-898f-27dd42aac2d1","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c90733c6-8b2d-468e-a934-be885d04d3bb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-0f49b7d3-20c7-4343-b906-7ef3296cb61d","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81a1a622-7c14-4f6f-82e9-4eb8c873087f","keyframes":{"transform":["translate3d(84.56790%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The company is investing ₹500 crore in land, warehouses, and an industrial park. This will help speed up EV production, making electric cars and their parts more available in India. Credits: FLUX-schnell

Raising $100M for Growth

[{"selector":"#anim-72386493-ae7d-4beb-b822-64cff044ddee","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd7108a0-2b04-4782-822d-863968e794e5","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2839ecd-9859-41aa-87fe-66db235e18c4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7dbcf9ef-0f4e-4983-91ac-6e67b5bd1e49","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52224ea9-572b-44f1-a00d-d28747bcb749","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91709bbd-f8be-4ed2-b640-2de2b6115c84","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae986391-4b59-4a01-b751-0663c8656459","keyframes":{"transform":["translate3d(-337.06895%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] To expand its EV business, Folks Motor plans to raise $100 million in funds. This money will be used to improve its technology and support India’s shift towards clean and green transportation. Credits: FLUX-schnell

Getting Govt & Industry Support

[{"selector":"#anim-1bb8512c-d18a-4959-a7f1-5ff04a506f31","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-83f2f048-aa38-42a1-bb2a-b165aedaf3d7","keyframes":{"transform":["translate3d(115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3312a2e-09ca-4653-9e97-0f65d6e758a4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-2cae1dcf-6303-41d9-b957-3e65ff3a3a82","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6c002050-fa6f-4ba5-b9f8-9be1e72b9b06","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-052e1cc9-e023-48fc-8196-ddad83282b12","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a8638bdd-be20-45c3-a446-5d0bdc9083dc","keyframes":{"transform":["translate3d(84.56790%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The company has been recognized by Prime Minister Modi and NITI Aayog for its EV solutions. This support helps Folks Motor play a big role in making India’s transport system eco-friendly. Credits: FLUX-schnell

Tapping a Growing Market

[{"selector":"#anim-1d47c48b-d065-4346-bda0-fdd5436a51ea","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55979644-3902-448d-bab9-84f88ff9009f","keyframes":{"transform":["translate3d(-115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-13ea64ac-5ef4-4bb3-b231-6f3248017295 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-1cfe71fa-bf56-4565-b216-7b4e09be0ddc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-15a54c00-d063-49b4-a090-0852e207c1b2","keyframes":{"transform":["translate3d(-116.05352%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-03e5b558-57ca-417b-8779-90c5dce8b2bb","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b21e54c2-f62e-4250-9018-38d097ee2335","keyframes":{"transform":["translate3d(-337.06895%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The EV parts market is expected to reach $1001.95 billion by 2032. Folks Motor is preparing to take advantage of this growth by offering affordable EV solutions for people and businesses. Credits: FLUX-schnell

Focusing on Green Mobility

[{"selector":"#anim-26489cf9-2c45-4a14-8837-266b3e2cac39 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-10521d17-789c-448b-83df-2f7cd64d906d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-17bd0103-2ed4-4a46-bf26-774c38e89355","keyframes":{"transform":["translate3d(114.87342%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e75dd1a-d776-400b-86c0-975f01428508","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b93bcc0f-8611-4021-afb2-2c678dc764c5","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1542ce5-9797-43bd-8752-0cdd082be6e6","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fcbd0d1e-57d6-4353-b4d1-08a0017107b8","keyframes":{"transform":["translate3d(84.56790%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The company sells hybrid kits, used hybrid vehicles, and provides eco-friendly car services. All these actions lead towards making EV cars affordable and economically-friendly to the masses. Credits: FLUX-schnell

Tata Curvv EV Named Official Car of WPL 2025

[{"selector":"#anim-b9f35d46-3e06-4546-bbfc-eefced2c795c","keyframes":{"opacity":[0,1]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e440a3b-0e57-4fb4-8096-942ecda8a648","keyframes":{"transform":["rotate(-270deg) translate3d(0px, 4617.09388%, 0) rotate(270deg)","rotate(-270deg) translate3d(0px, 0px, 0) rotate(270deg)"]},"delay":700,"duration":3000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Thanks for Reading Credits: tata.evofficial, Instagram Read Next!