Zypp Electric Registers 3X Revenue Growth in FY24
The company also claims to have achieved a remarkable 396% compound annual growth rate (CAGR) from 2019 to 2022. The company further stated that it has achieved operational profitability and will breakeven in the next 12-18 months. Zypp Electric has…
AMO Mobility Launches New Jaunty i Pro High-Speed EV Two-Wheeler, Plans to Manufacture 30,000 Vehicles by FY24-25
AMO Electric Bikes unveils a new Age high-speed electric two-wheeler model Jaunty i Pro with Smart BMS, CAN 2.0B protocol, 12-inch tyre, combi Braking System , smart Speedometer with safety buzzer. Powered by high Efficiency BLDC hub motor which generates…
LOBO EV Forges Strategic Collaboration With CSM2017 to Expand E-Bicycle Business in Serbia
LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced its new strategic collaboration with Serbian distributor CSM2017 Doo (“CSM2017”), marking a milestone in its expansion into the burgeoning electric vehicle…
Innovations in EV Charging Infrastructure
It is more important than ever to switch to sustainable forms of transport as the globe struggles with climate change and environmental destruction. Electric cars (EVs), which offer lower emissions and a reliance on fossil fuels, have become a viable…
Tesla to Scout Sites in India for $2 billion-$3 billion EV Factory
Tesla will send a team from the United States to India by late-April to study sites for a proposed $2 billion to $3 billion electric car plant, the Financial Times reported on Wednesday, citing people familiar with the matter. The…
China Vows to Pull Out All the Stops for EV Supply Chain Buildup
The Chinese government plans to tap all the policy resources available to create a made-in-China electric vehicle supply chain, pressing three state-owned automakers to spend more on R&D. Business executives and senior government officials involved in EV policy announced plans…
Delta Electronics Launches EV Charging Solutions at Elecrama 2018
In support of the government’s electric mobility drive, Delta Electronics India Pvt. Ltd., a power and energy management company, today launched its complete range of energy efficient electric vehicle (EV) charging solutions in India, according to a company statement. The…
Servotech Partners With Electra EV For Innovative EV Charging Technologies
Servotech Power Systems Ltd. has announced a collaboration for a jointly owned revolutionary EV charger technology, forwhich they filed for patents recently. These ground-breaking solutions enable fast DC charging of any GB/T Bharat DC 001 vehicle (which are on sub…
China’s SAIC Aims to Slash Jobs at GM, VW Ventures and EV unit, Sources Say
CHINA’S SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. The state-owned automaker hopes to cut…
Ola Electric Raises $50 million in Debt Financing From EvolutionX Cap
Initial public offering (IPO)-bound electric two-wheeler maker Ola Electric Mobility Ltd has raised Rs 410 crore (about $50 million) through non-convertible debentures from EvolutionX Debt Capital, showed regulatory filings made with the Registrar of Companies (RoC). EvolutionX Debt Capital, a…
