Scammers targeting the Indian electric vehicle industry - Tech Wire Asia

• Scammers are exploiting Google ads to misdirect users to EV phishing sites that collect users’ data and money.
• Scammers propagate the scheme by registering fake domains that resemble legitimate domains of EV manufacturers and marketplaces.
• EV companies would also be affected as the phishing scams could lead to negative perceptions, especially with brand reputation and credibility at stake.

The Indian electric vehicle (EV) market is poised to be one of the fastest-growing EV markets in the world in the future. While China currently dominates the production of EVs, Indian carmakers are also beginning to develop modern electric vehicles to cater to their domestic market.

In fact, government regulations in India are already pushing for more energy-efficient and electric vehicles to reduce carbon emissions. This includes favorable government policies such as multiple production-linked incentive schemes, federal subsidies, and the launch of the one-stop EV platform e-AMRIT. There has also been improvement in charging Infrastructure driven by the policy that EV charging stations don’t require a license.

India also has an international commitment to reduce carbon emissions and increase the use of cleaner sources of energy and transportation. This includes India’s Faster Adoption and Manufacturing of Hybrid and Electric Vehicles focuses on electrification of public and shared transportation through subsidizing, 7090 e-buses, 500,000 electric three-wheelers, 550,000 electric...

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