Hero Eddy Electric Scooter Launched At Rs.72,000 In India; Gets Reverse Mode, E-Lock and More
Hero Electric has introduced an all-new electric two-wheeler in India called the Hero Eddy. The Eddy boasts features like Find My Bike, e-lock, large boot space, follow me headlamps, and reverse mode for a smoother, cleaner, and greener ride. The…
15% Electric Vehicles In 3 Years, HP Govt. Has Set a Target
In order to make a pollution free environment in the state, the Himachal Pradesh government has decided to replace fifteen percent old vehicles with electric vehicles as per the Electric vehicle policy announced in 2021. HP Transport Minister Bikram Singh…
MG Motor Announces New Venture To Build EV Charging Infrastructure
MG Motor India on Thursday announced a new venture, MG Charge, to build charging infrastructure for electric vehicles with an aim to install 1,000 chargers in residential areas across India in 1,000 days. As part of the initiative, the company…
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…