Electric Vehicle Startup Zypp Plans To Raise $50 Million Over Five Years
Gurugram-based electric vehicle startup Zypp is planning to raise around $50 million over the next five years to expand operations. The company, that currently provides electric scooters on rent to consumers mostly in the NCR, is looking at raising $12 million over the next…
Commercial Vehicles Market In India (2020 To 2024)
India is one of the leading manufacturers and exporters of commercial vehicles. Karnataka, Madhya Pradesh, Tamil Nadu, Maharashtra and Himachal Pradesh are the major commercial vehicles manufacturing states in India, with Tamil Nadu manufacturing the highest number of commercial vehicles….
Tesvolt To Supply Storage Systems For Europe’s Largest Electric Car Charging Park
Around 235,000 cars pass through the Kreuz Hilden junction connecting the A3 and A46 motorways in North Rhine-Westphalia, Germany, every day. This is where the largest charging park project in Europe will come to fruition, set to cover 12,000 square…
The Electric Vehicle Supply Equipment (EVSE) Market Is Predicted To Witness An Increase In Its Revenue To $2.7 Billion By 2025
The electric vehicle supply equipment (EVSE) market is predicted to witness a 10.7% CAGR during the forecast period (2020-2025) to see an increase in its revenue to $2.7 billion in 2025, from $1.5 billion in 2019. The market is being…
Nexzu Mobility Plan To Launch An Electric Motorcycle In India
Nexzu Mobility currently sells electric cycles and electric scooters in India. The aspiring mobility solution brand now plans to launch an electric motorcycle in the country. The electric two-wheeler market in India has grown tremendously over the last few years….
China Promises Subsidies To Boost Falling Electric Car Sales
China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model. Subsidies and tax breaks that were due to end this year will be extended by two…
Two Wheeler Loan Market In India Is Projected To Grow From An Estimated $ 7.2 Billion In 2020 To $ 12.3 Billion By 2025
Technological advancements in the form of shift from combustion engine vehicle to electric vehicles, new product launches, subsidies offered by the government on purchase of electric vehicles and high vehicle replacement rate are boosting the sales of two wheelers across…
Volkswagen’s Seat Brand Postponed China Entry
The China market entry of Volkswagen Group’s Seat brand, where it was to develop a small electric vehicle, has been postponed by changing business conditions and a revision of VW Group’s strategy. Interim CEO Carsten Isensee announced the change in plans…
Amid Historic Oil Collapse, An Opportunity To Accelerate Clean Transportation
Petroleum products continue to fuel most of our vehicles while fouling our air, leaving some people more vulnerable to suffering severe impacts from respiratory illnesses like COVID-19. Transportation is also the largest source of greenhouse gas emissions in the U.S., and studies…
India’s Electric Mobility Market Will Be Driven By Two-Wheelers
The Indian automobile industry hit one of the lowest points in its history in the 2019-20 financial year. Struggling to improve customer sentiment while demand for new cars dropped significantly, the Indian automotive industry saw their sales plummet in the…
