15% Electric Vehicles In 3 Years, HP Govt. Has Set a Target
In order to make a pollution free environment in the state, the Himachal Pradesh government has decided to replace fifteen percent old vehicles with electric vehicles as per the Electric vehicle policy announced in 2021. HP Transport Minister Bikram Singh…
Bharat Petroleum Launches EV Fast-Charging Corridor On The Chennai – Trichy – Madurai Highway
Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, has launched EV Fast-Charging Corridors on Chennai – Trichy – Madurai highway, with the rollout of CCS-2 DC Fast chargers at 10 of its conveniently located fuel…
Biden Administration Has Announced $5 Billion In Funding For Electric Vehicles
The U.S. Departments of Transportation and Energy announced nearly $5 billion that will be made available under the new National Electric Vehicle Infrastructure Formula Program established by the Bipartisan Infrastructure Law, to build out a national electric vehicle charging network,…
Britishvolt Receives £40 Million In Funding For A Battery Facility For EVs
The UK startup Britishvolt has gained new investment worth £40m from Glencore in the latest stage in its ambitious plan to build one of the UK’s few large-scale battery factories. It is aiming to treble its funding with £200m in…
Lords Automotive Partners With Kerala Govt To Build An EV Production Facility
Lord’s Mark Industries has set up a joint venture with the Kerala government undertaking Kerala Automobile Ltd (KAL) for electric vehicle manufacturing. The joint venture’s first production facility will come up in Kannur via an investment worth ₹20 to ₹30…
Ashok Leyland Transfers It’s EV Biz To Switch Mobility For 240 Crore
Ashok Leyland has completed the sale of its electric vehicle (EV) business to Switch Mobility Automotive Ltd (SMAL) for a consideration of ₹240 crore. In November 2021, Ashok Leyland board had approved the sale of the EV business to SWAL…
Delhi Govt To Launch Guidebook For EV Charging At Shopping Malls
The Delhi government has announced that it is launching a guidebook to simplify and enable the adoption of Electric Vehicle (EV) charging in parking lots of shopping malls in the city, a move aimed at promoting clean energy. The document,…
Simple Energy, Siemens Join Hands To Develop E-Mobility Solutions
Bengaluru-based Simple Energy has joined hands with Siemens Digital Industries Software to develop e-mobility solutions. Under the new partnership, Simple Energy will be adopting Siemens’ Teamcenter X, a cloud-based Product Lifecycle Management (PLM) software, which will help the start-up establish…
Budget 2022: New Battery Swapping Policy Announced To Boost Electric Vehicle Usage
In a boost for the electric vehicle industry, Finance Minister Nirmala Sitharaman on Tuesday, February 1, announced that the government will bring a battery swapping policy in view of space constraints for setting up charging stations. “Considering the constraint space…
TVS Motor Acquires 75% Stake In Swiss E-Mobility Group
TVS Motor Company on Thursday said it has acquired 75% stake in the e-bike maker Swiss E-Mobility Group (SEMG) at a valuation of $100 million, with plans to buy out the remaining 25% stake next year. “We expect the e-bike…