Omega Seiki Mobility To Deploy Insta Chargeable Rapid EVs With Log9 In Indian Market
Omega Seiki Mobility (OSM) and Bengaluru-headquartered battery technology startup Log9 Materials, has announced a strategic partnership to deploy 10,000 three-Wheeler Rage+ Rapid EVs in Tier II and III markets of India by FY24. Supporting these 3W EV Cargo Loaders will…
Hero Electric Continues To Top The Electric Two-Wheeler Sales In India
For the first time, registrations of Hero Electric’s scooters have entered the five-digit mark, with a total of 13,022 Hero e-scooters registered across India in March. As per vehicle registration data on the ‘VAHAN’ portal, a total of 46,569 high-speed…
Automotive Electronics Market Set To Advance In India With CASE Convergence, E-Mobility, Among Others
Frost & Sullivan’s recent analysis, Indian Automotive Electronics Growth Opportunities, finds that continuous innovation and development in the automotive industry is boosting the demand for automotive electronics. Its increasing use in various vehicular applications, such as active and passive safety,…
MG Motor India Plans To Raise INR 5000 Crore For A Second Plant
MG Motor India is reportedly planning to raise fresh funds of up to ₹ 5,000 crore through external commercial borrowings (ECBs) or private equity route. According to a report on Time of India, the funds will go towards setting up…
Government Seeks To Change Rules Related To Vehicle’s Fitness Testing In India
The government has proposed certain amendments in the eligibility criteria for setting up an automated testing station to check vehicles’ fitness, rules to enable vehicle testing outside the state of registration and the norm to declare a vehicle as an…
Tata Power, Rustomjee Group To Build EV Charging Stations In Mumbai
According to a press release on March 28, Tata Power and Rustomjee Group have partnered to install electric vehicle charging infrastructure at the commercial and residential projects of Rustomjee Group in Mumbai. This collaboration will see Tata Power install a…
Government Of India To Investigate Recent Fire Cases Of Electric Vehicles
The Government of India will investigate the recent fire cases of electric vehicles, with an independent team of experts investigating the recent fire accidents in Pune and Vellore. Government sources told CNBC-TV18 on March 28 (a day after the Ola…
Ahmedabad Based EV Startup, Savy Electric Vehicles (Savë) Raises Seed Round Valued At $3.5 Million
Ahmedabad based EV Startup, Savy Electric Vehicles (Savë) has raised an undisclosed amount in the seed round led by NRI Angel Investor Ratul Bhattacharya and prominent individuals, valued at $3.5 million. Savë, a bootstrapped startup since inception, is engaged in manufacturing purpose-built…
Exicom Completes Installation Of 5,000 EV Chargers
On Wednesday, power solutions provider Exicom announced that it has completed the installation of 5,000 electric vehicle chargers in India within four years of winning the nation’s first EV charging tender by Energy Efficiency Services Limited. These installations include 3,600…
Suzuki To Invest INR 10,445 crore For Local Manufacturing Of EVs, Batteries In Gujarat
Japanese automaker Suzuki Motor Corporation said it will invest around 150 billion yen (about Rs 10,445 crore) by 2026, for local manufacturing of Battery Electric Vehicles (BEV) and BEV batteries in Gujarat. The company has signed a Memorandum of Understanding…
