inDrive to Strengthen EV in India
inDrive, the global mobility and urban services platform, is undertaking several measures to promote the use of electric vehicles in its fleet, for a more sustainable future. These include researching electric vehicle (EV) opportunities worldwide (with a focus in India),…
20 Energy Firms Create Alliance for EV Charging Via UPI-like System in India
At least 20 energy companies have joined hands to create an alliance for an open energy network called the Unified Energy Interface (UEI), which is a unified payments interface (UPI)-like system for EV charging, the firms said in a statement…
EV Startup OnEv Plans to Introduce 500 Electric 3-wheelers & 100 Electric Passenger 4-wheelers in Current Financial Year
Kissan Mobility Pvt. Ltd. (OnEv), a start-up based out of NCR, founded by Mr. Kamlesh Kaushik and Team, plans to introduce 500 more EV L5 3-Wheelers and 100 EV passenger 4-Wheelers in the current financial year 2024-25, with a plan…
Nissan Unveils Plan To Shrink EV Production Costs
Japanese auto giant Nissan said Monday it will slash production costs for next-generation electric vehicles by 30 percent as it competes with fast-growing Chinese rivals. By 2030, Nissan aims to make electric models at the same price as traditional combustion…
Tamil Nadu CM Lays Foundation Stone for VinFast’s EV Plant in Tuticorin
Tamil Nadu Chief Minister M K Stalin on Sunday laid the foundation stone for the electric vehicle car and battery manufacturing facility of VinFast Auto Ltd which has earmarked investments to the tune of ₹16,000 crore in the state. The…
Seven EV Charging Stations Ready on on Kiratpur-Keylong Green Corridor, 45 More in Pipeline
Having set up seven electric vehicle charging stations (EVCS) on the Kiratpur-Bilaspur-Mandi-Kullu-Manali-Keylong green corridor, the Transport Department has initiated tenders for establishing 45 EV charging stations along five more proposed green corridors. The government is offering a 50 per cent…
Vietnam’s VinFast Signs $500 Million Deal to Make EVs in India
Vietnam’s VinFast agreed to start manufacturing electric vehicles (EVs) in India on Saturday, with an initial commitment to pour $500 million into planned facilities. The carmaker will open its first manufacturing hub in the southern state of Tamil Nadu, with…
Assam Launches India’s First 100% Electric Bike Taxi Service via ‘Baayu’
The Assam government launched ‘Baayu,’ an app-based electric bike taxi service that is an innovative and forward-thinking sustainable mobility initiative of the state government-run Assam State Transport Corporation (ASTC). The app-based electric bike taxi service was flagged off by Assam…
Electric 2-wheeler Sales up 17% in India as Electrification Improves
Electric two-wheeler (E2W) sales volume in India rose 17 per cent year-on-year in December as electrification improved after a recent hiatus, a report showed on Wednesday. In the E2W space, Ola Electric (Ola) remained the market leader by volume and…
Macquarie Cheques Into EV Finance in India with $400 mn
Australian financial services firm Macquarie is looking to enter the credit space in India by launching a non-banking financial company (NBFC) as part of an electric vehicle (EV) platform it is planning to set up in the country. The NBFC…
