Global Electric Bus Market to Grow by USD 68.5bn Over the Next Decade
The global electric bus market is valued at an estimated USD 21.3 billion in 2024 and is projected to reach USD 68.5 billion by 2034, growing at a CAGR of 12.4%. The electric bus market has witnessed remarkable growth in…
PURE EV Ties up with Arva Electric for Middle East and Africa
PURE EV, an electric two-wheeler manufacturer, entered into a strategic partnership with Arva Electric Vehicles Manufacturing LLC, a subsidiary of Clarion Investment LLC to enhance the distribution and sales of electric motorcycles and bring sustainable mobility options to consumers across…
Greaves Finance Limited partners with Eqaro Surety Private Limited to boost Smart.fin for Electric Two-Wheelers
Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., under its 100% ev-focused lending platform evfin, today announced a partnership with Eqaro Surety Private Limited to enhance Smart.fin offering, a buyback and…
Skoda Elroq EV Expected Pricing, Features, and Launch in India
Skoda India is preparing to make a strong impact in the electric vehicle market with a range of EV models, sparking significant anticipation. One of the key highlights is the upcoming Skoda Elroq EV, which marks the brand’s entry into…
Indian Zypp orders 40,000 Electric Scooters from Odysse
With the investment of an unknown amount, Zypp Electric wants to support Odysse’s nationwide expansion so that Odysse can expand its production capacities and dealer network. As part of the investment, Zypp Electric is also ordering 40,000 electric scooters from…
VLF Tennis Electric Scooter Launched in India at Rs 1.30 lakh
VLF has debuted in India with its electric scooter offering, the Tennis. The Italian two-wheeler maker has priced the scooter in India at Rs 1.30 lakh, ex-showroom. The VLF Tennis EV gets angular bodywork overall. Its design is quite minimal…
Global EV Sales up 35% in October, Propelled by China
Global sales of fully electric and plug-in hybrid vehicles increased 35% in October compared to the same month in 2023, driven by a 54% hike in sales in China, according to market research firm Rho Motion. However, it was a…
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…
