Kinetic Green Launches Limited Edition Safar Smart Electric Three-wheeler
Kinetic Green Energy and Power Solutions has announced a limited edition of the Safar Smart passenger vehicle, available in both lead acid and lithium battery variants. Designed for customers who require dual functionality, it offers space for both passengers and…
MG Windsor Becomes India’s First Passenger EV to Record 15,176 Bookings on the First Day
MG Windsor EV, India’s 1st Intelligent CUV, received a significant customer response minutes after the bookings commenced on Thursday, October 3, 2024, at 7:30 am. Within 24 hours, the company secured bookings for 15,176 units, making MG Windsor India’s 1st…
EV Mobility Company Zevo Raises $2 Million in Pre-series A Funding Round
Electric vehicle (EV) logistics mobility platform Zevo has raised $2 million in a pre-series A funding round. Pegasus India Fund, BizDateUp, JIIF, and a family office led the funding. Zevo plans to use the funds to deploy 5,000 EVs and…
Chinese EV Maker Nio Surges on $1.9 Billion Investment
Nio’s (NIO) U.S.-listed shares surged in early trading Monday, after the Chinese electric vehicle maker announced a new investment over the weekend. A group of Chinese investors agreed to acquire newly issued shares of Nio China for a combined 3.3…
Light Across and PEKEMA Forge Groundbreaking Partnership to Launch Malaysia’s Local Electric Vehicle Brand
Light Across, Inc., an innovative electric vehicle brand from the United States, signed a cooperation agreement with The Vehicle Importers and Dealers Association of Malaysia (“PEKEMA”). The signing ceremony and test drive event will be held in the near future….
Axis Bank Extends Rs 1 Billion Loan to Muthoot Capital to Bolster e-mobility in India
Axis Bank in partnership with GuarantCo, part of the Private Infrastructure Development Group (PIDG), has extended a loan worth Rs 1 billion guarantee to Muthoot Capital, to augment the purchase of electric two-wheelers. GuarantCo has provided a 65 percent on-demand…
BMW Unveils All-New Electric Scooter CE 02 in India, Priced at Rs 4.49 Lakh
On October 1, global automobile giant BMW launched the all-new BMW CE 02 in India, with an introductory ex-showroom price starting at Rs 4,49,900. According to a company statement, this new electric mobility solution is designed specifically for urban and…
