NSE Indices Unveils India’s 1st Electric Vehicle Index
NSE’s index services subsidiary, on Thursday launched a new Nifty EV and New Age Automotive Index, as the adoption of Electric Vehicles (EVs) surges amid an increase in charging infrastructure. The EV Index aims to track the performance of companies…
Jupiter Electric Mobility gets ARAI Nod as Firm Prepares for Production of Battery-operated Light Commercial Vehicle
Jupiter Wagons said on Friday its subsidiary Jupiter Electric Mobility has received approval from The Automotive Research Association of India (ARAI) as the firm prepares to commence the commercial production of its innovative battery-operated light commercial vehicles under the brand…
Ola Electric Logs 49 Per Cent Share In Electric 2-Wheeler Market In May
Ola Electric, on Saturday, said that it has captured 49 per cent market share in the electric two-wheeler (2W) segment in May, with 37,191 registrations (as per government’s Vahan portal) riding on its S1 scooter portfolio. The deliveries of the…
Lectrix EV to Supply 500 EVs to Jumppers’ Green Fleet for Last-mile Delivery Service
Lectrix EV, a leading 2WEV company, has formed a strategic partnership with FYC Tech Pvt Ltd, popularly known as Jumppers, a pioneering last-mile delivery venture utilizing an electric fleet. Under this collaboration, Lectrix EV will supply 500 electric vehicles to…
Incharz to Set Up EV Chargers Network Across India for 3ECO Fleet
Incharz, an EV Charge Point Operator, has signed a Memorandum of Understanding (MoU) with 3ECO, a manufacturer of L-3 and L-5 cargo vehicles and an EV Cargo Fleet Operator, to develop exclusive EV charging stations for 3ECO’s entire fleet across…
MG Motor India And HPCL Unite To Strengthen India’s EV Charging Infrastructure
In an important step towards promoting sustainable transportation, MG Motor India and Hindustan Petroleum Corporation Ltd. (HPCL have joined forces to boost India’s electric vehicle (EV) charging infrastructure. This strategic partnership aims to install fast chargers across the nation, making…
NSE Sparks EV Investment With First Electric Vehicle Index
NSE Indices Ltd., a subsidiary of the National Stock Exchange, has introduced the Nifty EV and New Age Automotive index. This thematic index aims to monitor companies engaged in the electric ecosystem or involved in developing electric vehicles, hybrid technology,…
Bounce Infinity E1X Launched At Rs 55,000 With Battery Swapping Technology
Bounce Infinity has launched a new variant of its E1 electric scooter, called the Bounce Infinity E1X and it comes with battery swapping technology. The scooter is available in two sub-variants: standard E1X and E1+X, priced at Rs 55,000 and…
Oben Electric to Set up 50 New Showrooms and Service Centres in 12 Indian cities
In Delhi, Oben Electric has set up a new showrooms in Pitampuram, while the retail outlet in Pune is located in the Wakad area. In Kerala, dealership showrooms have been inaugurated in Kochi and Trivandrum, augmenting the brand’s penetration in…
BluSmart Plans to Raise Over $300 mn in Three Years; Expand Fleet to 25,000 EVs
BluSmart, India’s biggest electric car operator, is planning to raise more than $300 million in three years as it wants to expand its fleet by thousands of cars. The company aims to increase its fleet of electric vehicles to take…
