Despite poor infra, electric vehicle sales on the rise
Poor infrastructure for electric vehicles (EV) in the city has failed to dampen the spirit of buyers. Since the implementation of the EV Policy in September 2022, as many as 3,281 electric two-wheelers and 1,785 four-wheelers have been registered in…
EV Financing Startup Perpetuity Capital Raises Rs 7 crore through NCDs
Cleantech Mobiltiy-focused fintech startup Perpetuity Capital has raised Rs 7 crore through Non-Convertible Debentures (NCDs). The funding round was led by N+1 Capital and RevX Capital, both of which are prominent debt funds supporting small and medium enterprises (SMEs) and…
Statiq and BPCL Team up to Power 2,800 New EV Chargers Across India
Statiq, India’s leading electric vehicle (EV) charging network, has partnered with Bharat Petroleum Corporation Limited (BPCL) to accelerate the adoption of electric vehicles in India. This strategic collaboration includes the development of a bespoke app for BPCL and the integration…
BYD India Partners with ASDC To Launch EV Innovate-A-Thon
BYD India has introduced the BYD EV Innovate-A-Thon in partnership with the Automotive Skill Development Council (ASDC). This initiative aims to foster innovation and sustainability among engineering students in India, encouraging them to develop cutting-edge solutions in the electric vehicle…
Daewoo India Launches Two-wheeler Battery With Korean Technology
Daewoo India, a Korean brand with a presence in 110 countries, has launched Super Power AGM VRLA Silver+ battery with ‘Korean Technology’ for two-wheelers. Fit for motorcycles and scooters across India, the battery combines maintenance-free technology with high power output,…
China’s Leapmotor Aims to Take EVs Global with Stellantis Deal
CHINESE electric vehicle (EV) maker Leapmotor is little known outside its home country, and even there it is overshadowed by bigger players such as BYD and Tesla. But co-founder and chief executive officer Zhu Jiangming expects that to all change…
E-Fill Electric Proposes Key Actions for Union Budget to Boost EV Adoption
E-Fill Electric (EFEV Charging Solutions Pvt. Ltd.), a pioneering name in India’s EV charging sector, has outlined its wish list for the forthcoming Union Budget, emphasizing key actions to promote the adoption and infrastructure development of electric vehicles (EVs) across…
Vidyut Launches in-house Used EV Sale and Financing Platform to Boost Convenience for Customers
Vidyut, a Bengaluru-based startup founded in November 2021, has launched an in-house platform for the sale and financing of used electric vehicles (EVs). This new service aims to make EV ownership more convenient and stress-free by managing the complete process…
Chinese Firms Keen to Set up EV Plant in Johor
The state could become the manufacturing hub for electric vehicles (EVs), as Chinese companies are keen on setting up a large-scale factory here. Johor Import and Export Industry Association (Jimex) deputy president Datuk Seri Farid Ibrahim (pic) said they are…
JSW MG Motor Joins Hands With Shell for EV Charging Infra
JSW MG Motor India on Wednesday said it has tied up with Shell India to enhance public charging infrastructure for electric vehicles across the country. As per the partnership, JSW MG Motor India customers will be able to leverage Shell’s…
