Electric Two-wheeler Adoption in India rising, 13% Share Expected by 2026-27
The adoption of electric two-wheeler vehicles in India is on a gradual rise and it is expected that their share will rise to upwards of 13% by 2026-27, investment banking company Jefferies asserted in a report. In the financial year…
Uno Minda Revs up Localisation of EV Parts, Plans New Plant Under Inovance TLA
Gurugram-headquartered Tier-1 major Uno Minda, which is a key supplier of switches, lights, and instrument clusters, among other propulsion-technology-agnostic parts, has revealed plans to set up a greenfield facility for a range of products it has lined up for passenger…
India’s Tata, MG offer Free Charging, Battery Rentals to Lure EV buyers
India’s top electric vehicle maker, Tata Motors, is luring consumers with free charging and steep discounts, while rival MG Motor has launched its first battery rental plan, in strategies aimed at propping up sales of the clean cars. Use of…
2-wheeler EV Buyers can Avail Subsidy of Rs 10,000 in 1st yr of PM E-DRIVE
Electric two-wheeler buyers can avail a maximum subsidy of up to Rs 10,000 in the first year of the PM E-DRIVE Scheme to be rolled out soon, Union Heavy Industries Minister HD Kumaraswamy said on Thursday. Addressing a media briefing,…
Axar Patel Joins Forces with Greaves Electric Mobility
Indian cricket all-rounder Axar Patel, fresh off his 2024 T20 World Cup victory, has teamed up with Greaves Electric Mobility Private Limited (GEMPL), the electric vehicle arm of Greaves Cotton Limited, to promote the future of smart and sustainable mobility…
Epic Energy and Fenfeo Automotive to set up EV Charger Manufacturing unit in Coimbatore
Epic Energy Limited has signed a Joint Venture Agreement with Fenfeo Automotive Private Limited, Coimbatore to set up an Electric Vehicle charger manufacturing unit in Coimbatore with an installed capacity of 15,000 chargers per annum. A Joint Venture Company will…
EaseMyTrip Ventures into Electric Bus Manufacturing, to Launch Subsidiary Easy Green Mobility
Online travel platform EasyMyTrip on Thursday announced venturing into the electric bus manufacturing market through its new subsidiary, Easy Green Mobility, which will manufacture EV buses, with YoloBus serving as its operating arm. YoloBus is a subsidiary of EaseMyTrip. EaseMyTrip…
Electric two-wheeler maker Ather Energy to go Public in Rs 4,500 crore IPO
After the runaway success of its larger rival Ola Electric’s Rs 6,145 crore share sale last month, electric two-wheeler maker Ather Energy has filed for a Rs 4,500 crore IPO. The issue will be Rs 3,100 crore of fresh issue…
Revfin Expands EV Fleet with Acquisition of 15,000 Vehicles on SUN Mobility’s Platform
Revfin, a leading EV financing company, has announced the take over of 15,000 vehicles operating on the SUN Mobility platform. This acquisition, valued at ₹100 crore, marks a strategic step in Revfin’s mission to boost EV adoption and transform fleet…
AUTO i CARE Boosts EV Ecosystem with New After-Sales and Roadside Assistance Solutions
AUTO i CARE, a leading player in the Indian roadside assistance industry, is proud to announce the expansion of its after-sales and roadside assistance services to include electric vehicle (EV) two-wheelers from all brands and manufacturers across India. This strategic…
