South Korean EV Giant Edison Set To Invest Rs 5,000 Crore In UP, Meets UP CM
A delegation of South Korean electric vehicle manufacturer, Edison Motors met Uttar Pradesh Chief Minister Yogi Adityanath and expressed their desire to invest in the state, an official said. The delegation led by Managing director Y K Lee met the…
E-Mobility Startup BluSmart Bags $7 Mn For Expansion
Delhi-based electric mobility startup BluSmart has raised $7 Mn (INR 51 Cr) in funding from multiple investors including Inflections Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhattisgarh Investments Ltd, Jain International Trade Organization (JITO) Angels, Lets Venture Fund and…
European Union Adds Lithium To Critical Raw Materials List
The European Union (EU) has added lithium, a key component for batteries in electric vehicles (EVs), to its list of critical raw materials for the first time. The latest announcement was made by the EU Commission, the 27-nation bloc’s executive,…
India-Made Husqvarna Electric Scooter Market Launch In 2021
Apart from revealing some key details of the Husqvarna E-Pilen electric motorcycle, the internal document shared by Pierer Mobility AG (parent company of KTM, Husqvarna, and GasGas) also discloses important information about the Husqvarna electric scooter. Just like the Husqvarna…
China To Roll Out New Supportive Policies For Hydrogen Fuel Cell Vehicles
China will roll out a new package of policies to support hydrogen fuel cell vehicles to improve the industry’s supply chain and technologies, a government official said in an interview. China is the world’s biggest market for new energy vehicles…
Govt To Focus On Domestic Players For Electric Bus Tender: Prakash Javadekar
Union Minister for Heavy Industries and Public Enterprises, Prakash Javadekar said that the government would concentrate on local companies for supplying and running electric buses in the country. “There are so many good local companies that are producing electric buses….
General Motors Takes $2 Billion Stake In Electric Truck Startup Nikola
Nikola and General Motors today announced a strategic partnership. Through the deal, GM gets 11% ownership in startup Nikola, and will, in turn, produce Nikola’s wild fuel cell pickup truck by the end of 2022. Both companies’ shares jumped on…
Oil Major Total, Carmaker PSA Set-Up $6B EV Battery Venture
Supermajor Total continues to invest in clean energy by creating a joint venture with automaker Groupe PSA to manufacture batteries for electric vehicles in Europe—a project expected to mobilize investment of more than US$5.9 billion (5 billion euro). Total, via…
EeVe To Expand Production With Make-In-India Agenda, Localises 40% Of Electric Scooters
EeVe India is an electric vehicle manufacturer that was founded in 2018. The bikemaker revealed its new products earlier this year at the Auto Expo 2020 – Xenia as well as 4U. There was also the promise shown with the…
EESL To Procure 250 EVs From Tata Motors, Hyundai For Govt Bodies
Energy Efficiency Services (EESL) has selected Tata Motors and Hyundai Motor India in an international bidding process for procurement of 250 electric vehicles (EVs) for government entities. Tata Motors will supply 150 Nexon electric compact SUVs and Hyundai will supply…
