Baaz Bikes has secured $8 million in series A funding round. BIG Capital spearheaded the funding round, with involvement from Rakuten Capital, and ongoing support from existing investors including Kalaari Capital, 9Unicorns, and Sumant Sinha. A […]
CHARGE+ZONE has introduced India’s inaugural supercharging network. This initiative leads the way in providing all-encompassing solutions for high-speed electric vehicle (EV) charging, placing superchargers along major highways and in city centers. Some selected stations integrate […]
CEA has recently released a report titled “Electric Vehicle Utilisation for Vehicle-to-Grid (V2G) Services”. The report provides a brief overview of the services that EVs can provide to the power system through smart charging, key challenges, […]
The global electric vehicle (EV) charging market is poised for significant growth and is expected to reach $30.4 billion by 2023 and $35 billion by 2026. The future of EV charging infrastructure holds immense potential, […]
Tata Power EV Charging Solutions Limited (TPEVCSL) has signed a MoU with the Assam government to boost the EV charging network. This collaboration aims to bring the ease of electric vehicle (EV) charging infrastructure to […]
LOHUM and Log9 has announced a collaboration for addressing the pressing issue of sustainable battery disposal within the electric vehicle (EV) sector. Their collaboration focuses on resolving the challenges related to trust, transparency, and accountability […]
By Mahesh Wagle, Co-Founder and CEO, Cybernetik The cost of battery packs remains one of the primary factors impeding widespread EV adoption. However, projections point to a future where lithium-ion battery prices will decrease substantially, […]
Fyn has collaborated with Euler Motors to purchase 2,000 fast charging three-wheeler electric vehicles (EVs). As a part of the collaboration, Euler Motors with its product, the Euler HiLoad EV, will enable Fyn to build […]
The production-linked incentive (PLI) programme for automobiles and auto components as well as the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) II programme have been modified by the Ministry of Heavy Industries […]
Hero MotoCorp has approved an investment of up to Rs 5.5 billion in rights issue of Ather Energy in the form of E2 compulsory convertible preference shares. The investment is anticipated to be completed by […]
PM-eBus Sewa has been approved by the Union Cabinet, chaired by the Indian prime minister, for expanding city bus service by 10,000 electric buses(e-buses). The augmentation will be done on the basis of public-private partnership […]
Mahindra Electric Automobile Limited (MEAL), an electric vehicle (EV) subsidiary of Mahindra and Mahindra Limited (M&M) will raise an investment of Rs 12 billion in the form of compulsorily convertible preference shares from Temasek, Singapore-based […]
Mufin Green Finance Limited (MUFI) has announced that it has secured Rs 80 million from the Shell Foundation. The company has also received the assistance of large financial institutions like the Indian Renewable Energy Development […]
Gridserve sustainable energy (GRIDSERVE), a UK-based electric vehicles (EVs) charge point operator, has secured a funding of $682 million. The financing will be carried out in accordance with GRIDSERVE’s Green Finance Framework, which has been classified […]
The electric vehicle (EV) market in India has been growing at an incredible pace owing to the adoption of electric micro-mobility vehicles. However, at present, India’s EV charging infrastructure is not expansive enough to cater […]
Megha Engineering and Infrastructures Limited has been granted the contract to establish Olectra Greentech’s new greenfield electric vehicle (EV) production facility. The facility will be built at Seetharampur in Hyderabad. The greenfield EV manufacturing facility […]
Vegh, an electric-two-wheeler manufacturing business based in Punjab has raised $5 million in a strategic pre-series financing round from an unnamed investor. The funds’ revenues will be utilised to support Vegh’s working capital requirements, such […]
Founded in 2009, Energy Efficiency Services Limited (EESL) is promoted by the Ministry of Power as a joint venture of four PSUs – NTPC Limited, Power Finance Corporation Limited, REC Limited and Power Grid Corporation […]
Indian roads are increasingly becoming greener owing to the growing uptake of electric vehicles (EVs) across various passenger segments. Although the sale of EVs in the country more than doubled last year, it is important […]
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