Phishing Scams Targeting Indian Electric Vehicle Industry Is On The Rise
CloudSEK today released Unearthing the Million Dollar Scams Targeting the Indian Electric Vehicle Industry, highlighting a large-scale phishing campaign targeting Electric Vehicle (EV) consumers and businesses. It is notable that the scams increased considerably after the production-linked incentive (PLI) scheme,…
Bharat Petroleum Launches EV Fast-Charging Corridor On The Chennai – Trichy – Madurai Highway
Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has launched EV Fast-Charging Corridors on Chennai – Trichy – Madurai highway, with the rollout of CCS-2 DC Fast chargers at 10 of its conveniently located fuel…
Capital A Establishes A $10M Fund To Boost India’s EV Ecosystem
Capital A, a venture fund for seed to early-stage meaningful start-ups has set up a $10-million (around ₹75 crore) cleantech fund “Evolve” to back funding for electric vehicle-related startups in India The fund, which has been christened as Evolve, will…
Hexagon Purus To Supply Hydrogen Cylinders To Reliance Industries
Hexagon Purus, a world-leading supplier of zero-emission mobility solutions, has received its first orders for Type 4 high-pressure hydrogen cylinders from Reliance Industries Limited (“Reliance”), India’s largest private sector company. The hydrogen cylinders will be used as prototypes in pilot…
Lords Automotive Partners With Kerala Govt To Build An EV Production Facility
Lord’s Mark Industries has set up a joint venture with the Kerala government undertaking Kerala Automobile Ltd (KAL) for electric vehicle manufacturing. The joint venture’s first production facility will come up in Kannur via an investment worth ₹20 to ₹30…
Ashok Leyland Transfers It’s EV Biz To Switch Mobility For 240 Crore
Ashok Leyland has completed the sale of its electric vehicle (EV) business to Switch Mobility Automotive Ltd (SMAL) for a consideration of ₹240 crore. In November 2021, Ashok Leyland board had approved the sale of the EV business to SWAL…
Tesla Will Have To Be ‘Vocal For Local’ If They Need Tax Sops
American electric vehicle and clean energy company Tesla Inc is welcome to India if they commit to local manufacturing, assembling, and sourcing norms, a senior finance ministry official said on Friday. The official said, “If Tesla or other firms need…
Ather Energy To Set Up 1,000 EV Charging Stations Across Karnataka
Ather Energy on Thursday signed an MoU with Escoms (electricity supply companies) to establish fast-charging stations for two-wheelers at 1,000 locations across the state. “The collaboration aims to create a favourable ecosystem for electric vehicles in the state… All government…
Delhi Govt To Launch Guidebook For EV Charging At Shopping Malls
The Delhi government has announced that it is launching a guidebook to simplify and enable the adoption of Electric Vehicle (EV) charging in parking lots of shopping malls in the city, a move aimed at promoting clean energy. The document,…
Simple Energy, Siemens Join Hands To Develop E-Mobility Solutions
Bengaluru-based Simple Energy has joined hands with Siemens Digital Industries Software to develop e-mobility solutions. Under the new partnership, Simple Energy will be adopting Siemens’ Teamcenter X, a cloud-based Product Lifecycle Management (PLM) software, which will help the start-up establish…
