Shell Backed Smart EV Startup, TresMoto Raises Additional Round Of Seed Funds
Shell backed smart EV startup, TresMoto has raised an undisclosed amount in seed funding from Angel Investor and professional CEO Raaj Kumar, who has led multinational companies like Asian Paints, GMR Energy, JSW Energy among others. “We have been working…
VoltUp Partners HPCL For Battery Swapping Solutions Across India
After Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) will offer a battery swapping option at its select petrol pumps for EVs, offering to replace discharged batteries with fully charged ones in just a couple of minutes. This follows…
Chinese Electric Car Start-Up Xpeng Gets $2 Billion In Credit From State-Owned Banks
China’s state-owned banks are stepping up their support for some electric car companies in the country. Alibaba-backed Xpeng announced it secured a credit line of 12.8 billion yuan ($1.98 billion) from major Chinese financial institutions — including three of the…
Omega Seiki Expands Electric Three-Wheeler Dealership Network To South India
Omega Seiki Mobility (OSM), part of Anglian Omega Group, has announced a new venture with Green Drive Auto Services to open a new dealership in South India. The dealership is located at Singasandra, Bengaluru. Green Drive Auto Services deals in…
NIO Partners With NVIDIA To Develop A New Generation Of Automated Driving Electric Vehicles
NIO, a pioneer in China’s premium smart electric vehicle market, and NVIDIA announced today that the automaker has selected the NVIDIA DRIVE Orin™ system-on-a-chip (SoC) for its new generation of electric vehicles, which will offer advanced automated driving capabilities. NIO…
GM Unveils New Logo To Emphasize Its Pivot To Electric Vehicles
General Motors debuted a new logo meant to convey the automaker’s renewed commitment to the production and sale of electric vehicles. The company is also launching a new marketing campaign to underscore that commitment, as it seeks to compete with…
Mercedes’ Flagship EV Will Have A Giant, 56-Inch Screen Spanning The Entire width Of The Car
Mercedes-Benz appears to be going all-in with the screens. Not only can the brand’s new S-Class flagship be fitted with as many as five screens, but the German automaker also wants to outfit its upcoming flagship EQS all-electric car with…
Hyundai Says In Early Talks With Apple After Electric Vehicle Tie-Up Report
South Korea’s Hyundai Motor Co said it was in early talks with Apple, after local media reported the firms were discussing an electric car and battery tie-up, sending Hyundai shares surging 25%. The report comes weeks after it was reported…
City Link Launches Electric Cargo Vehicles In Bangalore
City Link Portal Pvt. Ltd., (City Link) a leading tech enabled within city logistics start-up, has taken delivery of its first set of Electric Cargo Vehicles (EV) from Mahindra and Mahindra. City Link understands, that it is the first company…
Norway’s EV Sales Rise To Record 54% Market Share
Electric-car sales in Norway overtook those of vehicles powered by combustion and hybrid engines last year. Full-electric cars made up 54 percent of all new cars sold in the Nordic country in 2020, up from 42 percent in 2019 and…
