Vajram Electric Acquires 40% stake in Varcas Automobiles to Boost EV Market Presence
eBikeGo’s subsidiary Vajram Electric Ltd on Thursday acquired a 40% stake in Hyderabad-based electric vehicle (EV) manufacturer Varcas Automobiles. The acquisition is expected to create new synergies for Vajram that will help the company to scale up production and meet…
EU tariffs on Chinese EVs are Part of an ‘economic cold war,’ Hungary’s Orbán says
The European Union risks entering an “economic cold war” with China, Hungary’s prime minister said on Friday, pledging to vote against an EU plan to impose higher tariffs on the import of Chinese electric vehicles. EU countries are set to…
GT Force Partners with I-Loan to Boost Electric Two-wheeler Sales
The partnership aims to simplify the purchasing process for individuals looking to own GT Force’s lineup of high and low-speed models, including the GT Vegas, GT Ryd Plus, GT One Plus Pro, GT Drive Pro, and the flagship GT Texa,…
Italy’s VLF Tennis Electric Scooter Specs for India Revealed, Launch Confirmed for November 2024
The future of electric mobility is here, and it’s more stylish, eco-friendly and high-performance than ever before. Meet VLF Tennis eScooter from Italy, a revolutionary blend of Italian engineering, design brilliance and cutting-edge technology. Whether you’re zipping through city streets…
JK Tyre Partners with Vertelo to Drive Connected Mobility Solutions for Electric Fleets
JK Tyre & Industries has entered into a strategic partnership with Vertelo for ‘connected mobility solutions’ – a cloud-based monitoring solution. Vertelo is an electric mobility solution provider for custom electric vehicles designed for smooth transition to electric fleets. According…
Kinetic Green Launches Limited Edition Safar Smart Electric Three-wheeler
Kinetic Green Energy and Power Solutions has announced a limited edition of the Safar Smart passenger vehicle, available in both lead acid and lithium battery variants. Designed for customers who require dual functionality, it offers space for both passengers and…
MG Windsor Becomes India’s First Passenger EV to Record 15,176 Bookings on the First Day
MG Windsor EV, India’s 1st Intelligent CUV, received a significant customer response minutes after the bookings commenced on Thursday, October 3, 2024, at 7:30 am. Within 24 hours, the company secured bookings for 15,176 units, making MG Windsor India’s 1st…
EV Mobility Company Zevo Raises $2 Million in Pre-series A Funding Round
Electric vehicle (EV) logistics mobility platform Zevo has raised $2 million in a pre-series A funding round. Pegasus India Fund, BizDateUp, JIIF, and a family office led the funding. Zevo plans to use the funds to deploy 5,000 EVs and…
Chinese EV Maker Nio Surges on $1.9 Billion Investment
Nio’s (NIO) U.S.-listed shares surged in early trading Monday, after the Chinese electric vehicle maker announced a new investment over the weekend. A group of Chinese investors agreed to acquire newly issued shares of Nio China for a combined 3.3…
Light Across and PEKEMA Forge Groundbreaking Partnership to Launch Malaysia’s Local Electric Vehicle Brand
Light Across, Inc., an innovative electric vehicle brand from the United States, signed a cooperation agreement with The Vehicle Importers and Dealers Association of Malaysia (“PEKEMA”). The signing ceremony and test drive event will be held in the near future….
