UK’s Oil Giant BP To Invest $70 Million In India’s Green Growth Equity Fund
United Kingdom-based oil giant BP announced its plans to invest $70 million (~₹5.22 billion) in India’s Green Growth Equity Fund (GGEF), which aims at promoting zero carbon and low carbon energy solutions in the country. Once the transaction is completed…
Karnataka Sets Up 112 Charging Stations In The Bengaluru City
The tech-savvy Karnataka government has set up 112 charging stations in Bengaluru for electric vehicles (EV) and to encourage citizens to switch over from fuel-based cars, an official said on Saturday. “Of the 112 stations, 12 are DC (direct current)…
Import Tax On Lithium-Ion Cell Likely
India plans to impose tariffs on imports of lithium-ion cells for as long as a decade and offer incentives to boost local manufacturing as part of a broader effort to scale down trade ties with China, two people aware of the developments…
EESL To Set Up 162 Electric Vehicle Charging Stations In Noida
The Energy Efficiency Services Limited (EESL) has signed an agreement with the New Okhla Industrial Development Authority (Noida) to set up 162 public charging stations and related infrastructure. According to the press statement issued by EESL, the partnership will aim…
Mahindra’s Urban Green Last-Mile Vehicle ‘Atom’ To Be Launched Next Year
Mahindra and Mahindra teased its upcoming electric quadricycle Atom. The 4-seater vehicle, to be marketed as an urban green last-mile connectivity vehicle, is expected to be launched sometime next year. The Atom was earlier showcased during the Auto Expo 2020…
Government Finalises Draft For Hydrogen-Powered Cars; Industry Moves One Step Closer To Fuel-Cell Vehicles
The automotive industry moved a step closer to the commercial launch of hydrogen-powered vehicles in India with the government-instituted automotive industry standards committee (AISC) submitting a final draft on its regulations. This is the second time the government is considering…
Mumbai-Based EV Startup Raises Funding To Launch Three New Models This Year
Mumbai-based electric vehicle (EV) startup Earth Energy EV announced that it received an undisclosed amount of seed funding. The company plans to use the funds to facilitate the launch of three vehicle models, which it has been working on. The…
Okaya Bags Contract From PGCIL
OKAYA has bagged a major contract from Power Grid Corporation of India (PGCIL) for supply, installation and commissioning of over 55 multi standard EV chargers (100KW) as per CCS2/CHAdeMO protocol, & 15 KW DC fast chargers as per DC-001 in…
Ampere Acquires 74% Stake In E-Rickshaw Firm Bestway
Coimbatore-based Ampere Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton, announced the acquisition of 74% stake in Noida-based Bestway Agencies Pvt Ltd (BAPL) which sells e-rickshaws under the popular ELE brand. Ampere Vehicles will acquire the balance 26% of…
Kerala Empanels Eight Companies For Setting Up EV Charging Stations
The Kerala State Electricity Board (KSEB) has disclosed the list of empaneled bidders that intend to set up electric vehicle (EV) charging stations for commercial operations at specified locations in the state. Last year, KSEB had invited bids from interested…
