15% Electric Vehicles In 3 Years, HP Govt. Has Set a Target
In order to make a pollution free environment in the state, the Himachal Pradesh government has decided to replace fifteen percent old vehicles with electric vehicles as per the Electric vehicle policy announced in 2021. HP Transport Minister Bikram Singh…
Audi-FAW’s New Venture To Lift EV Production In China
The Chinese authorities have finally approved the US$3.3bn joint venture (JV) between the state-owned FAW Group and Europe’s Audi to manufacture electric vehicles (EVs) in China. The new venture, which will commence its production from 2024, will expand Audi’s existing…
MG Motor Announces New Venture To Build EV Charging Infrastructure
MG Motor India on Thursday announced a new venture, MG Charge, to build charging infrastructure for electric vehicles with an aim to install 1,000 chargers in residential areas across India in 1,000 days. As part of the initiative, the company…
Phishing Scams Targeting Indian Electric Vehicle Industry Is On The Rise
CloudSEK today released Unearthing the Million Dollar Scams Targeting the Indian Electric Vehicle Industry, highlighting a large-scale phishing campaign targeting Electric Vehicle (EV) consumers and businesses. It is notable that the scams increased considerably after the production-linked incentive (PLI) scheme,…
Bharat Petroleum Launches EV Fast-Charging Corridor On The Chennai – Trichy – Madurai Highway
Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has launched EV Fast-Charging Corridors on Chennai – Trichy – Madurai highway, with the rollout of CCS-2 DC Fast chargers at 10 of its conveniently located fuel…
Biden Administration Has Announced $5 Billion In Funding For Electric Vehicles
The U.S. Departments of Transportation and Energy announced nearly $5 billion that will be made available under the new National Electric Vehicle Infrastructure Formula Program established by the Bipartisan Infrastructure Law, to build out a national electric vehicle charging network,…
Britishvolt Receives £40 Million In Funding For A Battery Facility For EVs
The UK startup Britishvolt has gained new investment worth £40m from Glencore in the latest stage in its ambitious plan to build one of the UK’s few large-scale battery factories. It is aiming to treble its funding with £200m in…
Capital A Establishes A $10M Fund To Boost India’s EV Ecosystem
Capital A, a venture fund for seed to early-stage meaningful start-ups has set up a $10-million (around ₹75 crore) cleantech fund “Evolve” to back funding for electric vehicle-related startups in India The fund, which has been christened as Evolve, will…
Hexagon Purus To Supply Hydrogen Cylinders To Reliance Industries
Hexagon Purus, a world-leading supplier of zero-emission mobility solutions, has received its first orders for Type 4 high-pressure hydrogen cylinders from Reliance Industries Limited (“Reliance”), India’s largest private sector company. The hydrogen cylinders will be used as prototypes in pilot…
Lords Automotive Partners With Kerala Govt To Build An EV Production Facility
Lord’s Mark Industries has set up a joint venture with the Kerala government undertaking Kerala Automobile Ltd (KAL) for electric vehicle manufacturing. The joint venture’s first production facility will come up in Kannur via an investment worth ₹20 to ₹30…
