Plan to Deliver 5,000 Vader E-motorcycles in Next 6 Months, Says Odysse CEO
Deliveries of the Odysse Vader began earlier this month after the company received iCAT certification passing all tests. Nemin Vora – CEO – Odysse EV, revealed that the Vader electric motorcycle deliveries have commenced with over 5,000 bookings already in…
MG Motor India Teams Up With For Enhanced EV Charging Network
MG Motor India has inked a Memorandum of Understanding (MoU) with Zeon Electric Private Limited to augment the existing EV charging infrastructure. This collaboration marks MG’s sixth partnership with a charging point operator (CPO) and signifies a significant stride in…
Noida’s EV as a Service Startup Trigo Electric Raises Rs 40L at Indian Angels Show
Noida-based EV as a Service startup TriGo Electric has raised an angel cum strategic funding of Rs 40 lakh in equity and 40 lakh as debt from angel investor Ajinkya Firodia, Managing Director Kinetic Group. TriGo Electric secured this equity…
Tata Nexon EV Facelift Seeing Maximum Demand for Top-spec Variant
The Tata Nexon EV is getting maximum demand for its top-spec Empowered Plus trim level, the automaker has revealed as much as 80 per cent of the bookings for this fully loaded model. This is the fully loaded Tata Nexon…
Over Rs 5,200 Crore Disbursed As FAME-II Subsidy On Electric Cars, Two-Wheelers
The Ministry of Heavy Industries (MHI) has revealed that electric two-wheelers, three-wheelers and passenger vehicles have availed of Rs 5,228 crore in subsidies under the FAME-II scheme. The government body in its review of 2023 said that so far 11,53,079…
Ola Electric to Raise USD 662 mn in India’s First EV Maker IPO
SoftBank Group-backed Indian e-scooter maker Ola Electric on Friday filed to raise at least 55 billion rupees (USD 661.9 million) in an initial public offering (IPO) that is tippd to be one of the country’s biggest share sales next year….
HOP Electric Targets Tripling Sales in 2024, Unveils Nimble ‘Nimbus’ Platform for Electric Motorcycles
HOP Electric is targeting up to three-fold rise in its annual sales in 2024 and is preparing to launch an electric motorcycle equivalent to the mass market entry level bikes of conventional engines to shore up volumes, according to company…
SAR Group’s Livguard Acquires Emuron Tech To Enter EV Battery Swapping Space
SAR Group’s energy solutions brand Livguard said it has acquired Delhi NCR-based battery swapping and IoT solutions startup Emuron Technologies to venture into the EV battery swapping space. However, the company did not disclose the financial terms of the deal….
Macquarie Cheques Into EV Finance in India with $400 mn
Australian financial services firm Macquarie is looking to enter the credit space in India by launching a non-banking financial company (NBFC) as part of an electric vehicle (EV) platform it is planning to set up in the country. The NBFC…
Pure EV Introduces India’s First Electric Vehicle Exchange Program
PURE EV has successfully established the world’s first Electric Vehicle Exchange Programme, establishing a new standard in the automotive industry. The Vehicle Exchange Camp serves not just classic internal combustion engine (ICE) 2-wheelers, but also EV aficionados. Consumers have responded…
