Uno Minda Acquires Full Ownership of EV Joint Venture for ₹195 Crore
Auto components manufacturer Uno Minda has announced the acquisition of the remaining 49.9% stake in its joint venture, Uno Minda EV Systems (UMEV), from German partner FRIWO Gerätebau GmbH for ₹195 crore. With this transaction, Uno Minda’s ownership in UMEV…
PlugNride Motors Launches Indigenous High-Speed Electric Two-Wheeler, Ushering a New Era in India’s EV Industry
PlugNride Motors Pvt. Ltd. has officially launched its high-speed electric two-wheeler, marking a significant milestone in India’s electric vehicle (EV) industry. The new models, APKE PNR 100 and APKE PNR 200, are proudly indigenous and have received approval from NATRAX,…
Kia Unveils The EV 4 Sedan And Hatchback Ahead Of Launch, Check Details
Kia has now unveiled the EV 4 ahead of its global debut, scheduled for the Kia EV Day on 27th February 2025. The EV 4 is expected to go down the production line by the end of the year and…
Mangalam Industrial Finance Ltd. Drives Green Mobility Forward With New Fleet Financing Initiative
Mangalam Industrial Finance Ltd. (MIFL), a leading Non-Banking Financial Company (NBFC), has announced a strategic commitment to financing electric mobility solutions through its new Fleet Financing initiative. Aligned with the Government of India’s mission to promote sustainable green mobility, this…
China’s Xpeng Enters UK with Right-hand Drive Electric SUV
Chinese automotive company Xpeng has expanded its global footprint with the official entry into the UK market with right-hand drive electric SUV. The company has initiated pre-order sales for its first right-hand drive model, Xpeng G6 SUV, with deliveries planned…
2025 Simple One Electric Scooter Launched at Rs 1.66 Lakh in India, Claims 248 Km Range
Simple Energy has introduced updates to its flagship electric scooter, the Simple One. The latest Gen 1.5 variant offers an improved certified range of 248 km (IDC), surpassing the previous 212 km of the Gen 1 model, making it the…
Statiq & SBI Partner To Launch EV Charging Station Financing Scheme
Statiq has partnered with the State Bank of India (SBI) to introduce India’s first financing scheme for setting up electric vehicle (EV) charging stations. Businesses taking loans of up to INR 2 crore will benefit from an additional 2% interest…
Royal Enfield to Launch Maiden Electric Bike Flying Flea C6 in March 2026
Royal Enfield announced its all-new electric sub-brand ‘Flying Flea’ at EICMA last year and the company even showcased its maiden offering, the C6 electric motorcycle at the event. The company has now confirmed that the Flying Flea C6 is on…
China’s Leapmotor Launches $20,000 Smart EV, After BYD Cuts Entry Price
Leapmotor, the Chinese partner of Stellantis, on Tuesday launched a new electric vehicle with smart driving technology priced under 150,000 yuan ($20,535), a day after BYD slashed the entry price for such smart EVs. Leapmotor said it would launch pre-sale…
Wardwizard Achieves Sales of 3,830 Electric Two-wheelers in January 2025
Additionally, the company sold 22 electric three-wheelers under the ‘Joy e-rik’ brand, including both passenger and commercial vehicles. Yatin Gupte, Chairman & Managing Director of Wardwizard Innovations & Mobility Limited, said, “We have begun 2025 on a strong note with…
