EV Mobility Company Zevo Raises $2 Million in Pre-series A Funding Round
Electric vehicle (EV) logistics mobility platform Zevo has raised $2 million in a pre-series A funding round. Pegasus India Fund, BizDateUp, JIIF, and a family office led the funding. Zevo plans to use the funds to deploy 5,000 EVs and…
Chinese EV Maker Nio Surges on $1.9 Billion Investment
Nio’s (NIO) U.S.-listed shares surged in early trading Monday, after the Chinese electric vehicle maker announced a new investment over the weekend. A group of Chinese investors agreed to acquire newly issued shares of Nio China for a combined 3.3…
Feds Announce $355M for 4 Electric Vehicle Battery Projects in Michigan
The U.S. Department of Energy (DOE) announced Friday it’s granting $355 million in federal funding to a series of manufacturing projects in Michigan, all aimed at bolstering production for electric vehicle (EV) batteries and battery components.In a press release, the…
JBM ECOLIFE Raises $100M for Electric Mobility
JBM ECOLIFE Mobility (P) Ltd, a subsidiary (JV) of JBM Auto Limited and India’s leading electric bus mobility and EV Ecosystem player, has successfully secured a $100 million strategic funding from the Asian Development Bank (ADB) and the Asian Infrastructure…
Clean Electric Raises $6 million in Series A Funding, aims for 10x Growth with Cutting-edge EV Solutions
Pune-based energy storage solutions startup, Clean Electric, has successfully raised $6 million in a Series A funding round. The round was co-led by prominent investors, including Info Edge, Pi Ventures, and Kalaari Capital, with participation from Lok Capital and other…
Hero MotoCorp Considers Investment in Electric Three-wheeler Startup
Leading two-wheeler brand Hero MotoCorp (HMC) is in advanced negotiations to make a significant strategic investment in Altigreen Propulsion Labs, a Bengaluru-based startup specialising in electric three-wheelers (E3Ws), according to a report by the Economic Times. This move could mark…
EV Charging Platform Kazam Raises $8 million Capital in Funding Round
India also saw participation from Avaana Capital, Alteria Capital, and several other investors, Kazam said in a statement. “This investment will enable us to accelerate our growth, innovate further, and maintain our leadership position in the e-mobility sector,” said Akshay…
EV Manufacturer Kinetic Green Raises $25 Million from GPC
Electric vehicle (EV) manufacturer Kinetic Green secured a ₹2.09 billion (~$25 million) investment from private equity firm Greater Pacific Capital (GPC), as part of an overall targeted Series A fundraiser of up to $40 million. The company plans to use…
River Mobility Plans to Scale up ops; aims to Open 100 Stores by March
Bengaluru-headquartered electric vehicle startup River Mobility Pvt Ltd backed by marquee investors Yamaha Motor Corp, Mitsui & Company Ltd, aims to open 100 showrooms by March 2026, a top official said. The company under its expansion drive inaugurated its first…
EV Charging Aggregator ElectricPe Raises $3 million from Green Frontier Capital
This new fund will be utilised by the Bengaluru-based startup to expand its operations to new geographies and for technological advancement, the company said on Tuesday. “We have always believed in stage-by-stage funding, and this $3 million investment marks the…
