TVS Motor Acquires 75% Stake In Swiss E-Mobility Group
TVS Motor Company on Thursday said it has acquired 75% stake in the e-bike maker Swiss E-Mobility Group (SEMG) at a valuation of $100 million, with plans to buy out the remaining 25% stake next year. “We expect the e-bike…
Fisker Will Make EVs In India With Foxconn By 2024
Henrik Fisker’s Fisker Automotive will be making electric cars in India in partnership with its manufacturing partner Foxconn. Foxconn which already has a huge presence in India as it is the contract manufacturer for Xiaomi and Apple recently has made…
OSM Will Manufacture Electric Powertrains In India With This Korean EV Maker
Omega Seiki Mobility (OSM) and Jae Sung Tech Company Limited, a leading Korean EV powertrain maker, announced a strategic partnership to manufacture electric powertrains in India. As a part of this partnership, the two companies will be forming a new…
ETO Motors Plans To Install Around 2500 Electric Vehicle Charging Stations In Delhi-NCR
ETO Motors, one of India’s leading electric mobility solutions and services companies, has recently announced that they will set up over 2,500 EV charging stations in the Delhi-NCR region. ETO Motors in its official press statement said that they have…
IIT-M To Launch An EV Master’s Program
The Indian Institute of Technology, Madras (IIT-M), on Monday announced it would launch a Master’s Program on Electric Vehicles (EV) and that it would be an inter-disciplinary dual degree (IDDD). It would boost the students’ engagement with e-Mobility and be…
Sodium-Ion Battery Provider Faradion To Be Acquired By Reliance Industries
Reliance Industries said its solar unit will buy UK-based sodium-ion battery technology provider Faradion for GBP100 million (US$135 million) including debt, as the Indian conglomerate pushes forward with its ambitious plan to move into the renewable energy industry. India headquartered…
Charzer Collaborates With ADDA To Install EV Charging Infrastructure In Apartment Communities
Bengaluru-based EV charging infrastructure startup, Charzer has partnered with ADDA, a comprehensive society management system, to build EV charging infrastructure in apartment complexes and gated communities. By getting empanelled on ADDA Discover for Association Platform, in the first phase, Charzer…
Wardwizard Innovation Leaps Following A Robust Electric 2-Wheeler Sales In December
Wardwizard Innovations & Mobility rose 5.98% to Rs 88.60 after the company said its total electric two-wheeler sales soared 548% to 3,860 units in December 2021 as against 595 units in December 2020. WardWizard Innovations & Mobility manufactures electric two-wheelers…
One Moto India Plans To Invest Rs 250 Crore In Telangana To Establish A Manufacturing Unit
The first-ever British brand of premium EVs in India, One Moto has entered into an MoU with the Telangana government to set up its manufacturing unit in the state. The new facility will come up in the outskirts of Hyderabad,…
EV Maker Ampere Has Opened Its First Experience Centre In Tamil Nadu
Greaves Cotton’s e-two-wheeler arm Ampere inaugurated its first and one-of-a-kind experience centre at Ranipet, Tamil Nadu. Located at the newly launched mega EV facility in Ranipet, the facility is designed with digital interventions that can enable the customer to experience…
