IIT-Hyderabad Incubated Electric Vehicle Startup PURE EV Launches In Nepal – Eyes South East Asia Expansion
IIT Hyderabad-incubated startup PURE EV has entered its first international market. The startup will be launching its premium model ‘EPluto7G’ in Nepal by October 2020 as part of its international expansion plans. According to a statement released by the company,…
Toyota To Invest Rs 2,000 Crore In India
Toyota Kirloskar will invest Rs 2,000 crore in developing vehicle technology and electric components in India, a top official said hours after a news article claimed the carmaker was bringing all new investments in the country to a halt. “Absolutely!…
Pune Announces Tender For 150 Electric Buses Under FAME-II Program
Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has issued a tender inviting bids for 150 electric buses. The buses should be 12-meter-long, air-conditioned, and compliant with Bus Rapid Transit. The last day for the online submission of technical and price bids…
UK Government Announces Grand Plan To Encourage EV Adoption
The government has announced more than £20 million of funding for schemes designed to increase the uptake of electric cars. Around £12 million will be spent on research projects into battery technology, while the government is also plotting other incentives,…
Tencent, Others To Buy $516.12 Million Worth Shares In China Evergrande New Energy Vehicle
China Evergrande New Energy Vehicle Group Ltd said investors including Tencent Holdings Ltd and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company shares in a share sale. The electric vehicle unit of property developer China Evergrande said…
California Startup Aims To Tackle Battery Degradation In Electric Cars
Lithium-ion batteries are essential to electric vehicles, but they have drawbacks: They are hard to make and degrade over time. A San Leandro, California-based start-up said it had raised $4 million in funding and is working with German chemical giant…
Subsidy Scheme Under Delhi Electric Vehicle Policy To Roll Out Next Week
The Delhi government is likely to roll out from next week the subsidy scheme under its newly launched electric vehicle (EV) policy, officials said. The EV policy of the Delhi government was notified last month. Launching the policy, Chief Minister…
Uber Promises 100% Electric Vehicles By 2040, Commits $800 Million To Help Drivers Switch
Uber Technologies Inc said every vehicle on its global ride-hailing platform will be electric by 2040, and it vowed to contribute $800 million through 2025 to help drivers switch to battery-powered vehicles, including discounts for vehicles bought or leased from…
GreenCell Mobility Bags Order For 48 Electric Buses From Rajasthan Transport Company
GreenCell Mobility Private Limited (GreenCell Mobility) was awarded a contract for operating 48 air-conditioned electric buses by the Rajasthan State Road Transport Corporation (RSRTC). GreenCell is an ‘electric Mobility as Service’ (eMaaS) platform, promoted by Eversource Capital. GreenCell will establish…
Fuel Stations Asked To Have At Least One EV Charging Station
Competition from the growing electric vehicle segment is coming right to the door steps of oil companies with the Power Ministry now mooting the idea to have at least one EV charging station at all the fuel pumps in the…
