EVs: Page 2
How Škoda Auto Volkswagen India Is Cleverly Driving Towards a 5% Market Share
Piyush Arora, MD & CEO, Škoda Auto Volkswagen India, unveils his plans to keep the ball rolling for the Indian market. From increasing capacities, expanding market share to scaling up exports, the German company has an aggressive plan of action for 2023
EV Startup Vegh Raises $5 Million in Pre-Series Funding
The funds will be primarily utilized to bolster the company's working capital needs, including the creation of a robust sales and distribution network
Oben Electric Raises INR 40 Crore In Extended Pre-Series A Funding
The fund will be used to kickstart deliveries of the newly launched first electric bike by the brand- Rorr, and fulfill the existing orderbook, increase production capacity and enhance distribution network
'I Make Trucks for Real People': Ford CEO Slams Tesla's Cybertruck
In an interview with CNBC, Jim Farley said his company wasn't threatened by Tesla's entry into the pickup market.
Delta Electronics Acquires TB&C To Expand EV Product Portfolio
The transaction is expected to enhance Delta's EV battery management system (BMS) capabilities by integrating TB&C's technologies with Delta's Component Business Group's automotive component product lines
Revoh Innovations Raises $425,000 In Seed Funding
The company plans to utilize the fund raised to expand the team size and focus on developing specific products that cater to the current needs of the Indian electric vehicle market
Centre To Develop Master App For EV Charging Slots: Report
As per the report, the project is being funded by the Asian Development Bank (ADB) and will be fully owned and operated by the government of India
EV Finance Company Revfin Secures $5 Million Investment From DFC
Revfin plans to utilize the funds for new products and expansion to new geographies
Attron Automotive Raises INR 4.75 Crore Funding
The company plans to use the funds to support its key growth initiatives, including the setup of an assembly line, establishment of a prototyping facility, team expansion, and research and development efforts to drive innovation in existing and new technologies
EV Startup River Raises $15 Million Funding
The newly secured capital is set to boost River's manufacturing prowess and power its upcoming market launch, aiming for deliveries to kick- off in August 2023
FAME II Subsidy Cut; EV Players Set To Hike Price
The committee, set up by the ministry, had recommended certain changes to improve the viability of the development of public charging infrastructure for electric vehicles
Mukesh Ambani-Backed EV Firm Altigreen Expects To Raise INR 700 Crore Funding
The Indian electric cargo vehicle manufacturer reportedly expects to ramp up production and invest in new models
Ola Electric Secures $300 Million Funding At $6 Billion Valuation
The latest fundraise will be used by the company to immediately ramp up its capacity of electric two-wheelers from 0.5 million to 2 million per annum, as per the report
Battery-Tech Startup EMO Energy Raises $1.2 Million In Seed Funding
The startup aims to enable mass adoption across EVs and Energy Storage through its proprietary tech platform ZEN
EV Industry Reacts To FAME II Subsidy Reduction On Electric Two-Wheelers from June
Sources stated that the development comes with a motive that the reduction will help regulators offer benefits to more buyers, and also expecting the electric two-wheelers become more expensive