After PLI Benefit, India Plans Easy Availability Of Finance For EVs
After rolling out policy initiatives to develop India as a hub for lithium-ion cells manufacturing, the Indian government is working on ensuring availability of affordable credit to the nascent electric vehicle industry. Government’s policy think tank, Niti Aayog has been…
Omega Seiki Partners TRANS ACNR For Refrigerated Containerised Electric Vehicles
Omega Seiki Mobility Pvt Ltd on announced a partnership with Transport Air-Conditioning and Refrigeration (TRANS ACNR) for jointly working on refrigerated containerized electric vehicles with lithium-ion batteries. To begin with, the partners have agreed to work jointly on design, development…
Hitachi ABB Power Grids And Ashok Leyland Partner For An E-Bus Pilot At IIT Madras
Hitachi ABB Power Grids has signed a memorandum of understanding (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot project. Under the tripartite agreement, the trio will run an electric bus (e-bus) pilot…
Magenta Launches The Associate Program For Deploying Nationwide Low-Cost EV Charging Platform
Magenta, a pioneer in the business of clean mobility and clean electricity has launched its nationwide business associate outreach program starting December 2020. Under this initiative, Magenta will identify associates across India to deploy low cost electric vehicle charging platform….
Delhi EV Policy Aims To Reduce carbon Emissions By 4.8 Million Tonnes In 4 Years
The Delhi government’s electric vehicle policy will help reduce carbon emissions by 4.8 million tonnes by 2024, Dialogue and Development Commission Vice Chairperson Jasmine Shah said while sharing the Delhi government’s vision for clean and green future of mobility at…
KPIT Receives An Important Strategic Large Deal From BMW Group For The Next Generation Charging Electronics Program
KPIT, a leading independent software development and integration partner to the automotive industry – announced signing of a large-scale order with BMW Group. The series order is spread over several years. The combined powertrain coordination unit is designed to power…
Kerala Government To Hire 50 Electric Buses Under FAME Program For Thiruvananthapuram
The Kerala State Road Transport Corporation (KSRTC) has invited bids for hiring 50 electric buses on wet lease for the Thiruvananthapuram zone. The tender has been floated under the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles-II (FAME II)…
Fortum Partners With Finnfund To Speed Up Charging Infrastructure Development And Growth In India
To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority share of Fortum’s public charging point operator (CPO), Fortum Charge…
Ather Energy Raises Rs 260 Crore In Fresh Funding
Ather Energy has recently raised an investment of USD 35 million (Approx Rs 260 crore) in its latest round of Series D that was led by Sachin Bansal’s investment of USD 23 million. The Bengaluru-based start-up was one of the…
EV Makers Oppose GST Cut On Hybrid Vehicles
The Society of Indian Automobile Manufacturers (Siam) may drop a proposal to cut goods and services tax (GST) on strong or full hybrid vehicles in its final budget recommendations to the government following stiff resistance from manufacturers of battery electric…
