EV Leasing Firm Electrifi Secures ₹250 Million Funding from ADB
Commercial electric vehicle (EV) leasing and asset management company Electrifi Mobility secured ₹250 million (~$3.02 million) in seed-stage funding led by Asian Development Bank (ADB) Ventures, AdvantEdge Founders and others. The funding will help Electrifi scale up asset deployment, expand…
Government Announces an Ambitious Plan to Bolster the EV ecosystem
In a transformative move towards sustainable transportation, Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman announced an ambitious plan to bolster the electric vehicle (EV) ecosystem while presenting the Interim Budget 2024-25 in Parliament today. This strategic initiative…
Attron Automotive to Revolutionize the EV Industry with Their Cutting-Edge Motors
Attron Automotive, a dynamic startup poised to revolutionize the electric vehicle (EV) industry, today announced the launch of its cutting-edge electric motors and controllers at the Bharat Mobility Expo 2024. The unveiling was done by Shri Arvind Kumar, Director General,…
Kaixin Auto Holdings Announces Partnership with DeepBlue AI Technology to Develop AI EVs
Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and sales platform in China, today announced that it has reached strategic cooperation intention with DeepBlue Artificial Intelligence Technology Company (“DeepBlue AI Technology”). Both have…
responsAbility to Invest $25 Million in BluSmart for EV Infra Expansion
responsAbility has announced that it will invest up to $25 million in BluSmart. In a press release, responsAbility said this investment will bolster BluSmart’s position as India’s premier EV ride-hailing service and EV charging infrastructure network. The capital injection is…
Bharat Mobility Expo – Honda Benly e: Electric Scooter Unveiled With Battery Swapping Technology
Honda 2 Wheeler India has unveiled its first electric two-wheeler in the Indian market, showing off the Benly e electric scooter at the Bharat Mobility Expo 2024. The Honda Benly e electric scooter, which has been seen testing in Bengaluru,…
