CHARGE+ZONE Deploys 1600 EV Charging Stations, Raises $125M for Expansion
EV charging company CHARGE+ZONE has announced the successful completion of its initial phase of deploying a highway EV charging network in India. The company has successfully installed over 1600 EV charging stations across more than 450 locations, covering a distance…
Fisker (FSR) Stock Pops on China Delivery Center News
Shares of Fisker (NYSE:FSR) stock are in the green after the electric vehicle (EV) company announced its plans to open a delivery center in China this year. Furthermore, deliveries of the Ocean SUV will begin in China in the first quarter of 2024. Fisker’s…
HSBC India Teams Up With Tata Motors For EV Financing Solutions
HSBC India has teamed up with Tata Motors for financing the purchase of the latter’s electric vehicles by the employee working in the corporate sector. Under the collaboration, consumers holding a salaried account with HSBC India will get a chance…
Avera Signs MoU With NREDCAP For Supply Of EV
Vijayawada-based electric vehicle manufacturer Avera has signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to make the vehicle accessible to the government employees, thereby helping the government achieve its goal…
E-bike Penetration Jumps In India By Nearly 40%
India’s electric two-wheeler market is steadily growing. From 4.05% in 2022, the adoption rate of these vehicles rose by a third this year to touch 5.63% in May, government data showed. Goa, Kerala, Karnataka, and Maharashtra, along with six other states,…
KOCHI POLICE FLEET GETS REVOLT ELECTRIC MOTORCYCLES
Rattan India’s Revolt Motors has announced the induction of Revolt electric motorcycles into the fleet of Kochi Police Department, marking a significant step towards a greener and more sustainable future on World Environment Day. On June 5th, the world came…
Electric Scooters with Swappable Batteries in Indian Market
The Indian electric two-wheeler market has grown rapidly in recent times. But even now the low range anxiety in electric scooters is a matter of concern for users, to deal with this, companies are continuously bringing new technology to the…
Delta Electronics Expands India Manufacturing, Aims For 40% Market Share In EV Charging
Taiwan-based Delta Electronics aims to become a major provider of Electric Vehicle (EV) charging stations in India, targeting a market share of 40 per cent within the next 3-5 years, Managing Director Niranjan Nayak told ETEnergyworld in an exclusive interview. The $8 billion company offers a range of charging…
Tata Group Signs $1.6 Billion EV Battery Plant Deal in Gujarat
India’s Tata Group, a leading multinational conglomerate, has entered into an outline deal to construct a lithium-ion cell factory in Gujarat, India. With an investment of approximately 130 billion rupees ($1.58 billion), the plant aims to bolster the country’s electric vehicle (EV)…
Delhi Leads Electricity Consumption At EV Charging Stations
Delhi (the National Capital Region) accounts for over 55 per cent of the country’s electricity consumption at the electricity vehicle charging stations. The NCR consumed 113.43 million kWhr of electricity in 2022-23, more than half of the country’s consumption of 205…
