India’s EV Surge Hits Power Hiccup: Will Green Energy Catch Up?
India’s passenger EV production is experiencing significant growth, with a 22.5 per cent year-over-year increase in 2024, reaching approximately 125,500 units, according to S&P Global Mobility estimates. An IBEF study suggests that with rising investments over the next 8-10 years,…
Tesla Starts Certification Process For These Two Vehicles In India
Tesla is officially preparing to make its entry into the Indian auto market, as a recent report says the company has started the certification process for two of its vehicles in the country. In a report over the weekend citing…
India’s Ola Electric Shares Hit Record Low As Unit Faces Insolvency Petition
March 17 (Reuters) – Shares of India’s Ola Electric Mobility (OLAE.NS), opens new tab slid more than 6% to a record low on Monday after the company said one of its units faced an insolvency petition from a creditor. Its…
CESL To Develop EV Charging And Battery Swapping Stations Across DDA Sports Complexes
Under the visionary leadership of Lieutenant Governor of Delhi, the Delhi Development Authority (DDA) and Convergence Energy Services Limited (CESL) signed an agreement to develop electric vehicle (EV) charging and battery swapping stations across DDA sports complexes in the city….
DDA, CESL Partner To Setup EV Charging Infrastructure In Delhi
Delhi Development Authority (DDA) and Convergence Energy Services Limited (CESL) have entered a partnership to develop electric vehicle charging infrastructure in the national capital. CESL, a subsidiary of Energy Efficiency Services Limited (EESL) under the Ministry of Power has signed…
Turno and ThunderPlus Partner To Build 1 MW EV Charging Network On Indian Highways
The strategic alliance aims to install ultra-fast charging infrastructure along major routes, beginning with the Hyderabad-Vizag corridor, to support electric buses and commercial vehicles while addressing range anxiety concerns. Turno and ThunderPlus have formed a strategic partnership to deploy 1…
The Role Of Influencer Marketing In The Apac Automotive High Performance Electric Vehicles Market
New Jersey, United States,- Apac Automotive High Performance Electric Vehicles Market This significant growth can be attributed to increasing demand for sustainable and high-performance electric vehicles (EVs) in key countries within the Asia-Pacific region. With the growing awareness around environmental…
Suzuki Forms Strategic Alliances with Tata Gotion, FinDreams for EV Battery Supply
Suzuki Motor Corporation has established key partnerships with Tata Gotion, TDS Lithium-ion Battery Gujarat (TDSG), FinDreams Battery, and ELIIY Power to secure a reliable and sustainable supply of batteries for its growing electric vehicle (EV) business. These collaborations will help…
MG Comet EV Blackstorm Launched At Rs 9.81 Lakh
JSW MG Motor India has launched a blacked-out version of the Comet EV, called the Comet Blackstorm Edition. This is the fourth model in MG’s lineup to receive the Blackstorm treatment, following the Gloster, Hector, and Astor. Based on the…
Kinetic Engineering Ltd. Unveils Strategic INR 177 Crore Investment led by Promoters to Drive Transformation and Achieve INR 1,000 Crore Revenue Target
Kinetic Engineering Ltd. (KEL), a leading player in India’s automotive components industry, has made a significant announcement regarding a strategic move by its promoters. The company will issue convertible warrants worth INR 177 crore, with a conversion period of 18…