Yulu Secures Investment From US-based VC Firm Rocketship
Yulu, India’s leading EV micro-mobility service provider today announced a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment will be used for further strengthening the mobility platform,…
India-Based JBM Group Produces Pure Electric Buses Equipped With Fast-Charging Batteries From Microvast
India-based JBM Group will partner with Microvast, a Chinese provider of fast-charging battery power systems, to produce pure electric buses. The 9 and 12-meter electric buses come equipped with fast-charging batteries from Microvast and can run for up to 300…
India To Become Electric Vehicle Manufacturing Hub In 5 Years
India has been targeting to expand the electric vehicle market in the country since long now. The consistent efforts, however, have been towards the procurement and use of electric vehicles on the roads. A new statement by a top government…
Mercedes-Benz EQC Electric SUV India Launch Details Revealed
After launching the new GLS flagship SUV, Mercedes-Benz India is looking to launch its first electric car – the EQC – in the country. The Stuttgart-based carmaker is expected to launch the EV in the next couple of weeks. Initially…
Okinawa Sold Over 1,000 Electric Scooters In India Within A Month After Lockdown Was Lifted
Okinawa recently announced that it has sold more than 1,000 e scooters in India after the government relaxed the lockdown rules across the country. This announcement corroborates the assertion made by, well, pretty much everyone, that two-wheelers as well as…
FEV And Premier Join Hands For Auto Innovation
Premier Seals India, a Premier Group company, has joined hands with FEV India for developing state of the art noise, vibration and harshness (NVH) products. Premier Group has an array of product offerings, largely products for powertrain and vehicle applications….
Tata AutoComp And US-Based Tellus Power To Set Up Electric Vehicle Charging Stations In India
Tata AutoComp Systems announced that it had signed a Memorandum of Understanding (MoU) with U.S.-based electric vehicle (EV) charging infrastructure company Tellus Power Green to set up charging stations in India. Through the memorandum, the companies aim to set up…
Tata Power Looking At Expanding EV Charging Stations Network To 700 By March 2021
Private power generator Tata Power announced it is looking at ramping up investments to expand its network of Electric Vehicle (EV) charging stations to 700 by the end of the current financial year from around 170 currently. The company said…
UK’s Faradion Inks Deal With Indian Startup For The Sodium-Ion Batteries
U.K.-based Faradion Ltd, a manufacturer of sodium-ion batteries, has announced a partnership with Infraprime Logistics Technologies (IPLTEC) to provide batteries for commercial vehicles in the Indian electric vehicle market. IPLTech is a Gurgaon-based heavy goods vehicle fleet service provider. The…
Ola Electric Acquires Etergo, To Launch Own Line Of Electric Two Wheelers This Year
Ola Electric, the EV business that spun out of the ride-hailing giant Ola last year, has acquired an Amsterdam-based electric scooter startup as the Indian firm looks to locally produce and launch its own line of two wheelers as soon as…
