NIO Passes 300,000 Sales, Zeekr Going Public (Seeking $1 Billion+)
We’ve got some notable news from two Chinese EV startups from this past week or so. NIO has hit a big sales milestone, and Zeekr is looking to go public in the USA and raise at least $1 billion. The…
Over 30 Electric Vehicle Makers To Take Part In Auto Expo
Electric vehicles and alternate fuel-based mobility are likely to be the cynosure of auto enthusiasts at the 16th edition of Auto Expo-The Motor Show 2023 — scheduled to be held from January 13 to 18 at the India Expo Mart…
Telangana Receives 138 EV Charging Stations Under FAME Scheme
Under the second phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME) scheme, Telangana received 138 EV charging stations, which will be established over five years beginning from April 2019. The Center has created…
IT Madras-Incubated Smart EV Charger Start-up Plugzmart raises Rs. 3.63 Crore In Funding
IIT Madras-incubated Smart EV Charger start-up Plugzmart has raised Rs. 3.63 Crore in seed funding, led by early-stage VC BlueHill Capital and followed by investors such as Mr. Meera Reddy of SKCL, Mr. Kartik Meyyappan, Mr. L. Ramkumar, Mr. Sivadas…
BMW Motorrad To Launch CE 04 Electric Scooter In India In 2023
BMW Motorrad will launch the CE 04 electric scooter in India in 2023, according to a senior company official. While the CE 04 is being proactively tested here, it will be the country’s maiden high-end luxury electric two-wheeler upon its…
Fortum C&D India Launches Prepaid Cards For EV Charging Stations
Fortum Charge & Drive (C&D) India (Fortum) has launched the RuPay prepaid card, in collaboration with Pine Labs – a flexible prepaid card that can be used for making payments for charging sessions completed at Fortum charging stations anywhere in…
EV Investment In India: Trends To Watch In Indian Electric Vehicle Market In 2023
The electric vehicle industry has taken the Indian automotive market by storm. The industry has become an integral part of the industry. With a series of launches in the EV space, India has recorded a staggering growth rate of 686…
Ansys To Help Train Indian Engineers In Electronics And Semiconductors
As countries worldwide are building semiconductor ecosystems for national security reasons, India is trying to encourage advanced fabless semiconductors and deep technology. India’s Ministry of Electronics & IT said in a press release that India will launch future labs to…
China’s EV Market Bucks Downward Auto Output
Chinese carmakers produced 2.39 million units in November, down by 8.2% from October, while sales fell by 7.1% month on month to 2.33 million units. Production and sales both dropped by 7.9% year on year, according to the China Association…
Government To Add 137 More Electric Vehicle Charging Stations On National Highways
In addition to the already existing seven wayside amenities (WSA) equipped with EV charging stations, the central government has provisioned for 137 more such facilities to be built on India’s national highways, Union Minister for Road Transport and Highways Nitin…
