HOP Electric Targets Tripling Sales in 2024, Unveils Nimble ‘Nimbus’ Platform for Electric Motorcycles
HOP Electric is targeting up to three-fold rise in its annual sales in 2024 and is preparing to launch an electric motorcycle equivalent to the mass market entry level bikes of conventional engines to shore up volumes, according to company…
Chinese EV Maker Nio gets US$2.2 billion Investment from Abu Dhabi Fund
CYVN Holdings, an investment fund controlled by the Abu Dhabi government, has invested US$2.2 billion in Nio, making it the first Middle East investor to take a substantial stake in a Chinese electric-car maker. Nio, one of China’s top three…
SAR Group’s Livguard Acquires Emuron Tech To Enter EV Battery Swapping Space
SAR Group’s energy solutions brand Livguard said it has acquired Delhi NCR-based battery swapping and IoT solutions startup Emuron Technologies to venture into the EV battery swapping space. However, the company did not disclose the financial terms of the deal….
Macquarie Cheques Into EV Finance in India with $400 mn
Australian financial services firm Macquarie is looking to enter the credit space in India by launching a non-banking financial company (NBFC) as part of an electric vehicle (EV) platform it is planning to set up in the country. The NBFC…
Pure EV Introduces India’s First Electric Vehicle Exchange Program
PURE EV has successfully established the world’s first Electric Vehicle Exchange Programme, establishing a new standard in the automotive industry. The Vehicle Exchange Camp serves not just classic internal combustion engine (ICE) 2-wheelers, but also EV aficionados. Consumers have responded…
China to Help Promote Electric Vehicles in Punjab
Provincial Transport Minister Ibrahim Hassan Murad met with the officials of Chinese Electric Dynamic Company while Federal Minister for Trade and Commerce Gohar Ejaz accompanied him. In the meeting, the promotion of electric vehicles in Punjab and the comprehensive network…
SIMPLE ENERGY LAUNCHES DOT ONE ELECTRIC SCOOTER AT RS 99,999
Simple Energy, an electric vehicle and clean energy start-up, announced the launch of its’ latest electric two-wheeler Simple Dot One. An exclusive introductory price of Rs 99,999 (ex-showroom Bangalore) is being offered specifically for pre-booked Simple One customers from Bangalore….
Romanian Electronics Producer Allview Launches Electric Car
Romanian company Visual Fan, known for its electronics produced under the Allview brand and more recently for importing the Skywell ET5 electric SUV, unveiled an electric vehicle – a microcar that will be produced in China and marketed by the…
Ather Energy announces “Ather Electric December”
Ather Energy, one of India’s leading electric scooter manufacturers in India, announced its latest initiative ‘Ather Electric December’ – a program offering lucrative cash benefits, EMI interest savings and free Extended Warranty to its customers. The program is aimed at…
Audi Inaugurates India’s First Ultra-Fast Charging Station In Mumbai
Audi unveiled India’s inaugural ultra-fast charging station at Bandra Kurla Complex (BKC) in Mumbai. Developed in collaboration with ChargeZone, the 450kW ‘e-tron hub’ is poised to revolutionise electric vehicle (EV) charging with its high-powered 500 amps liquid-cooled gun, capable of…
