EHang Announces US$22M PIPE Investment from Strategic Investors
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced a strategic investment totaling over US$22 million. The investors are Zhuhai Enpower Electric Co., Ltd. (“Enpower”, SZ300681), a Chinese…
Wardwizard Exports e-Trike for Philippines EV Program
Wardwizard Innovations & Mobility Limited (WIML), one of India’s leading electric vehicle manufacturers under the brands ‘Joy e-bike’ and ‘Joy e-rik,’ has successfully developed a customized electric three-wheeler, the e-Trike (Driver + 10), as part of its groundbreaking USD 1.29…
EV Parts Maker Vecmocon Raises $10 million led by Ecosystem Integrity Fund
Vecmocon, a vehicle intelligence company, has raised $10 million led by Ecosystem Integrity Fund (EIF) along with participation from Blume Ventures, British International Investment (BII). The company will use the funding to expand its reach in various segments of the…
IIT Kanpur and Zynetic Join Hands to Develop Next-gen EV Charging Technology
The Indian Institute of Technology Kanpur (IITK) and Zynetic Electric Vehicles Charging Private Limited have entered into a Memorandum of Understanding (MoU) to push the innovation and establishment of advanced AC and DC fast EV chargers. Zynetic, a company involved…
Zelio X Men 2.0 Electric Scooter Launched in India
Zelio Ebikes has launched the updated X Men 2.0 low speed electric scooter in India. It’s priced from Rs 71,500 to Rs 91,500 (ex-showroom) depending on the variant. This comes in just months after the launch of its previous version….
Chinese-made Electric Buses Showcasing Iconic Landscapes run Across Malta
Three Chinese-made electric buses, each adorned with vibrant images of iconic Chinese landscapes and cultural heritage sites, began operating across Malta on Saturday. The buses showcase renowned Chinese landmarks, including the Great Wall and the Summer Palace in Beijing, scenes…
Ceer Partners with Rimac Technology for High-performance Electric Drive Systems
Ceer, Saudi Arabia’s first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), has signed a partnership with Rimac Technology for the supply of high-performance, fully integrated Electric Drive…
Flipkart Deployed Over 10,000 Electric Vehicles in Delivery Fleet
E-commerce major Flipkart on Monday said it has deployed over 10,000 electric vehicles (EVs) in its delivery fleet as part of a phased integration of EVs in the last mile delivery over the past few years. The strategic adoption of…
Will unveil EV policy to curb pollution: CM
The Telangana govt will unveil a comprehensive electric vehicle (EV) policy aimed at safeguarding the city’s air quality and promoting the adoption of EVs throughout the state, chief minister A Revanth Reddy said on Monday. Speaking at an event to…
Xpeng Says P7+ gets 31,528 Orders 3 Hours after Launch
Xpeng’s (NYSE: XPEV) new flagship sedan, the P7+, appears to be getting good initial acceptance, with the Chinese electric vehicle (EV) maker sharing strong order figures. The P7+ had received 31,528 firm orders, breaking records for all other models in…
