SRIVARU (SVMH) Expands to Kerala, a Leading State in EV Adoption in India, with Innovative Joint Dealership for PRANA 2.0 Electric Motorcycles in Thiruvananthapuram
SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced its expansion into the Indian State of Kerala with the launch of its PRANA 2.0 electric motorcycle through a new joint dealership…
GAC launches Aion V in Europe
Chinese car manufacturer GAC has announced that it will launch its Aion V electric SUV, which is already available in China, in Europe next year. In the coming years, GAC plans to bring further core models to Europe, including an…
Govt Approves Rs 10,900 cr PM E-DRIVE Scheme to Push Electric Mobility
The Union Cabinet on Wednesday approved the PM E-DRIVEScheme with an outlay of Rs 10,900 crore for two years to boost adoption of electric vehicles in India, replacing the flagship FAME programme that ran for nine years till March. The…
Nitin Gadkari Launches NueGo’s Kashmir to Kanyakumari Electric Bus Expedition
NueGo, electric bus brand from GreenCell Mobilty, has embarked on historic Kashmir to Kanyakumari (E-K2K) Electric bus expedition. This epic journey marks a significant leap in promoting sustainable mass mobility in India. With this expedition, NueGo is set to become…
GFCL EV Raises Funds for Expansion Plans
GFCL EV raises funds of ₹1,000 crore for the company’s capital expenditure. Gujarat Fluorochemicals Ltd (GFL), a part of the INOXGFL Group, announced that its subsidiary, GFCL EV Products Ltd (GFCL EV), raised ₹1,000 crore, securing an equity valuation of…
Global EV sales up 30.5% in September as China shines, Europe recovers
Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 per cent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday. Gains…
EKA Mobility Wins 250 Electric Buses Order from Nagpur Municipal Corporation
Pune-based commercial electric mobility company EKA Mobility has secured an order from Nagpur Municipal Corporation to supply 250 electric buses. The company did not disclose the order’s financial details. The deployment contract was awarded to Hansa Vahan, which has partnered…
Ashok Leyland, Nidec Partner to Boost Commercial EVs with Advanced E-drive Motors
Ashok Leyland has partnered with Japan-based Nidec Motor Corporation to develop advanced electric drive motors for commercial vehicles. The collaboration aims to meet the unique needs of India’s commercial vehicle market by creating efficient e-drive systems and establishing a Centre…
TVS Eurogrip Aims to drive Forward in Premium, Electric 2W Tyre Markets
TVS Srichakra Ltd, operating under the brand name TVS Eurogrip, is poised to build on its success in emerging product segments, including premium two-wheeler and electric two-wheeler tyres, through a comprehensive strategy aimed at maximising the growing contribution of new…
LeafyBus and AMU [NBFC] Join Forces to Drive Electric Mobility by Financing 10 New EV Buses for Inter-City Operations
In a significant push towards sustainable transportation, LeafyBus, a New Delhi-based electric bus operator, has joined forces with AMU to roll out its first fleet of 10 electric buses for inter-city travel. The NBFC will finance these buses and it…
