HSBC, Tata Motors Join Hands For EV Financing
HSBC India has partnered with Tata Motors for a corporate employee financing solution to accelerate the adoption of zero-emission Electric Vehicles (EVs). Consumers holding a salaried account with HSBC India can apply for this one-of-a-kind tailor-made loan to purchase…
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,…
VW’s China Joint Venture Transforms Shanghai Plant For EV Production
Volkswagen’s Chinese joint venture with SAIC Motor has transformed one of its plants in Shanghai for production, research and development of electric vehicles (EV), the German automaker said on Tuesday. Production of internal combustion engine models at the main plant of…
Lucid Stock Rises On Plans To Join China’s EV Market
Reuters is reporting that luxury electric-vehicle maker Lucid is planning to sell imported cars in China, the world’s largest automobile market. The move would create further competition with Tesla, one of the largest EV sellers in the nation. All right….
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…
