electric vehicles: Page 4

News and Trends

Amara Raja Scouts For External Funding, May Explore IPO

Last week, the Amara Raja Group held a groundbreaking ceremony for their Customer Qualification Plant for cell manufacturing, and also inaugurated phase 1 of the 1.5 GWH battery pack plant in Mahabubnagar district.

News and Trends

Ather Energy Turns Unicorn After USD71 Million Funding From NIIF

In September last year, Hero MotoCorp, its existing shareholder has announced its board's approval to invest INR 550 crore into Ather Energy.

News and Trends

Kinetic Green Raises USD25 Million from Greater Pacific Capital

The company intends to utilize the funds towards scaling up production at its manufacturing facility in Supa (Maharashtra), marketing and distribution of its current products including the recently-launched E-Luna, and towards research and development of new products.

News and Trends

USD 323 Bn Investment Needed To Decarbonise Transportation Sector By 2070

To achieve this target, automobile financing will need to increase by 2-18 per cent unitl 2070 to address potential funding shortfalls in the industry.

News and Trends

Gentari Green Mobility India Launches Gentari Go App

For businesses, the app empowers fleet operators with access to an extensive network of public chargers, business credits and optimised fleet management through telematics support.

News and Trends

TPEML And Tata Power Renewable Energy Collaborate To Drive Zero-Emissions Mobility

In addition, combining Solar Rooftop Systems with EVs de-couples the well-to-wheel emissions of EVs from the grid mix, thus offering a much faster path towards net zero emissions for the transportation sector.

News and Trends

IBC Plans To Raise USD 15 Mn For Battery Cell Plant In India

According to the investors in the segment, opening a cell factory in India will be challenging in terms of infrastructure, logistics and required materials.

News and Trends

We Will Adopt Diversified Approach To Meet National Objectives: Maruti Suzuki

The company will launch its first electric vehicle and promote diverse eco-friendly technologies in FY25. The company aims to roll out six EV models by FY31, depending on cost reductions and the growth of local charging infrastructure.

Growth Strategies

E2W Sales Sees Growth After Four Months

If we look at company wise data, the market leader Ola Electric whose IPO has opened today, recorded 114 per cent YoY growth with 41,597 units sold in July 2024

News and Trends

Atleast Two EV Charging Points Mandatory In Commercial & Residential Buildings In Karnataka

According to the SOPs, consumers, owners, and associations who would like to install additional EV charging stations in the spaces which are specifically identified for those installations under the new clause would have to obtain permission from the distribution licensee which can also be the escom.

News and Trends

Mahindra & Mahindra To Introduce 7 EVs By 2030

M&M currently sells the XUV400 in the EV segment and aims to expand its offerings by adopting more cost-effective lithium iron phosphate (LFP) technology over the more expensive nickel manganese cobalt (NMC) technology favoured in Europe.

News and Trends

DecoverAI and ElectricPE Raise Early Stage Funding

New-age tech startups DecoverAI and ElectricPE have announced early-stage investments for further advancements in existing technology and market solidification.

News and Trends

Revolt Motors Get Approval On Subsidy Under EMPS

As per the current EMPS scheme, this is eligible for INR 10,000 per motorcycle as subsidy from Government of India, which will make it competitively priced in the market further boosting both the sales and profitability of the company in a big way.

Growth Strategies

Understanding Customer Needs Key To Sustainable Business: EV Experts

MediaTek and JioThings have jointly launched an indigenously made Internet of Things (IoT) platform for the electric two-wheeler market.

News and Trends

Pushing for India's Electric Dream

Kinetic Green boasts of being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India