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India

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…

SIMPLE ENERGY LAUNCHES DOT ONE ELECTRIC SCOOTER AT RS 99,999

Simple Energy, an electric vehicle and clean energy start-up, announced the launch of its’ latest electric two-wheeler Simple Dot One. An exclusive introductory price of Rs 99,999 (ex-showroom Bangalore) is being offered specifically for pre-booked Simple One customers from Bangalore….

Ather Energy announces “Ather Electric December”

Ather Energy, one of India’s leading electric scooter manufacturers in India, announced its latest initiative ‘Ather Electric December’ – a program offering lucrative cash benefits, EMI interest savings and free Extended Warranty to its customers. The program is aimed at…

Audi Inaugurates India’s First Ultra-Fast Charging Station In Mumbai

Audi unveiled India’s inaugural ultra-fast charging station at Bandra Kurla Complex (BKC) in Mumbai. Developed in collaboration with ChargeZone, the 450kW ‘e-tron hub’ is poised to revolutionise electric vehicle (EV) charging with its high-powered 500 amps liquid-cooled gun, capable of…

Media Dynox Secures Heroic Digital Marketing and PR Contract for Hero Electric Bikes

In a strategic move that’s set to electrify the digital marketing and PR landscape, Media Dynox has clinched a monumental contract with none other than Hero Electric, one of India’s leading electric two-wheeler manufacturers. This exciting partnership marks a significant…

Yadav, John Kerry Hold Talks on US-India Collaboration for Financing E-buses

Union Minister for Environment, Forest and Climate Change Bhupender Yadav and US Special Presidential Envoy for Climate, John Kerry on Saturday discussed the US-India collaboration to establish a payment security mechanism to address current constraints in the expansion of e-bus…

Gogoro Electric Scooter ‘CrossOver’ to Debut in India on 12 December

Gogoro, the Taiwanese electric two-wheeler manufacturer, has officially announced that it will launch a new electric scooter in India on Tuesday, 12 December 2023. According to various reports that went viral online, the two-wheeler manufacturing company is likely to reveal…

Kinetic Zulu e-Scooter Launched At Rs. 95K – ‘Pay As You Use’ Business Model

The Indian electric scooter segment has seen a new entrant in the form of Kinetic Zulu. This is a new electric scooter from Kinetic Green that is based on KG Ener-G battery platform. The company has launched Zulu at an…

Bumps On IPO Road: Ola Electric’s Net Loss Surges

The Indian manufacturer of electric vehicles (EVs) Ola Electric, led by Bhavish Aggarwal, revealed a significant decline in its financial performance for FY23. The company’s net loss increased dramatically from Rs 784.1 crore in the previous fiscal year (FY22) to…