South Korean EV Giant Edison Set To Invest Rs 5,000 Crore In UP, Meets UP CM
A delegation of South Korean electric vehicle manufacturer, Edison Motors met Uttar Pradesh Chief Minister Yogi Adityanath and expressed their desire to invest in the state, an official said. The delegation led by Managing director Y K Lee met the…
E-Mobility Startup BluSmart Bags $7 Mn For Expansion
Delhi-based electric mobility startup BluSmart has raised $7 Mn (INR 51 Cr) in funding from multiple investors including Inflections Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhattisgarh Investments Ltd, Jain International Trade Organization (JITO) Angels, Lets Venture Fund and…
India-Made Husqvarna Electric Scooter Market Launch In 2021
Apart from revealing some key details of the Husqvarna E-Pilen electric motorcycle, the internal document shared by Pierer Mobility AG (parent company of KTM, Husqvarna, and GasGas) also discloses important information about the Husqvarna electric scooter. Just like the Husqvarna…
Govt To Focus On Domestic Players For Electric Bus Tender: Prakash Javadekar
Union Minister for Heavy Industries and Public Enterprises, Prakash Javadekar said that the government would concentrate on local companies for supplying and running electric buses in the country. “There are so many good local companies that are producing electric buses….
TVS Motor Raises Stake In Startup Ultraviolette, Invests Rs 30 crore
TVS Motor Company has raised its stake in Bengaluru-based electric vehicle startup Ultraviolette Automotive by pumping in Rs 30 crore. In FY20, it had invested Rs 11 crore in the startup, which aims to put a high performance electric bike…
Dr. Paolo Castagna Ex Managing Director Fiat India Invests In Electric Vehicles’ Start-Up EVage
Dr. Paolo Castagna, Ex Managing Director, Fiat India Automobiles Pvt Ltd, has invested an undisclosed amount in mobility tech startup EVage. The mobility startup has built India’s 1st ‘Make in India’ ‘Exoskeleton Structure’ that will provide a common platform for…
Okaya To Provide EV Charging Stations To BluSmart Electric Mobility
Okaya Power Group on Friday said its flagship firm Okaya will provide electric vehicle charging stations to BluSmart Electric Mobility — one of the largest 100 per cent electric fleet operator in India. Okaya announced a strategic partnership with BluSmart…
Mahindra And REE Explore Joint Development Of Electric Commercial Vehicles
Mahindra & Mahindra, part of Mahindra Group, and REE Automotive have signed a memorandum of understanding (MOU) to explore the development and manufacturing of electric commercial vehicles for global markets. Such a strategic collaboration will leverage REE’s electric vehicle corner…
Haldor Topsoe Joins Ambitious Hydrogen And Sustainable Fuel Project In Denmark
Haldor Topsoe has joined a hydrogen and sustainable fuel project based on electrolysis in the Greater Copenhagen Area. The project is expected to be executed by 2030 in three stages, achieving the capacity of 10 megawatts (MW) in 2023; 250…
Ola Electric Co-founder Anand Shah Invests In EV Startup Evage
Mobility tech startup Evage said it has raised an undisclosed amount of funding led by Ola Electric co-founder and senior advisor Anand Shah. Bryair director Varun Pahwa and DMI group partner Anmol Nayyar also participated in the funding round. Conceptualized…
