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India

Servotech Power Systems Bags Additional Order For 9 EV Charging Stations In Maharashtra

Servotech Power Systems on Monday said it has secured an additional order in Maharashtra to set up nine electric vehicle charging stations. With this, the total number of electric vehicle charging stations set up by the company will reach 29….

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…

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…

Axis Bank Extends Rs 1 Billion Loan to Muthoot Capital to Bolster e-mobility in India

Axis Bank in partnership with GuarantCo, part of the Private Infrastructure Development Group (PIDG), has extended a loan worth Rs 1 billion guarantee to Muthoot Capital, to augment the purchase of electric two-wheelers. GuarantCo has provided a 65 percent on-demand…

BMW Unveils All-New Electric Scooter CE 02 in India, Priced at Rs 4.49 Lakh

On October 1, global automobile giant BMW launched the all-new BMW CE 02 in India, with an introductory ex-showroom price starting at Rs 4,49,900. According to a company statement, this new electric mobility solution is designed specifically for urban and…