Bharatcell Launched by SONALAC Paints and Coatings Limited
SONALAC Paints, a veteran homegrown conglomerate with a turnover of INR 600 crore, has ventured into the electric vehicle (EV) and battery energy storage system (BESS) domain. The company has launched its lithium battery brand, “BHARATCELL,” under its new flagship…
Ather Energy Becomes a Unicorn After $71M from NIIF
Ather Energy, an electric two-wheeler manufacturer, has secured $71 million in a recent funding round led by its existing backer, the National Investment and Infrastructure Fund (NIIF). This latest infusion of capital has elevated the company’s valuation to $1.3 billion,…
BattRE Electric Mobility Launches Storie EPIC Series Available for ₹84,999
BattRE Electric Mobility, a leading innovator in electric two-wheeler technology, announced the launch of its highly anticipated Storie EPIC series. Designed for the urban rider seeking a blend of style, performance, and affordability, the Storie EPIC is poised to redefine…
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…
Amazon Partners with Gentari to Expand Electric Vehicle Fleet in India
Amazon India has partnered with Gentari Green Mobility India (Gentari) to accelerate the deployment of electric vehicles (EVs) in its delivery network, furthering its commitment to decarbonizing its transport operations. This collaboration aims to support Amazon’s last-mile delivery service partners…
SES AI’s 100 Ah Li-Metal Is First to Successfully Pass the Global Electric Vehicle EV Safety Standard Test GB38031-2020
GB38031-2020 is a mandatory national standard in the world’s largest EV market, China, specifically designed for the electric vehicle sector, encompassing a series of rigorous tests such as overcharge, over discharge, external short circuit, heating, temperature cycling, and crushing. Compliance…
Electric Vehicles, Hybrids form 50% of China’s Vehicle Sales
Half of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the world’s biggest auto market has leapt ahead of Western counterparts in…
Mahindra & Mahindra to Spruce up Electric 3W Play to Take on Bajaj
Mahindra & Mahindra (M&M) is looking to maintain its leadership in the small electric commercial vehicle segment by launching a slew of new products and pushing its manufacturing footprint further. This comes alongside the decision of M&M announced on May…
Ola Electric Shares hit 20% Upper Circuit After Listing at Par with IPO price
The shares of Ola Electric Mobility Ltd. made a quiet stock market debut with its shares getting listed at par against its issue price of ₹76 on the NSE. Similarly, the stock kicked-off its maiden trading session at BSE ₹75.99….
