SECI To Empanel Agencies To Scale Innovative Electric Mobility Technologies
The Solar Energy Corporation of India (SECI) has floated an expression of interest (EoI) to empanel agencies to identify and implement business opportunities in the electric and transformative mobility space. It said that this EoI was issued to help India…
EeVe India Partners With ZestMoney To Provide EMI Solutions To Customers
The electric two-wheeler manufacturer, EeVe India, announced its partnership with ZestMoney, an AI-driven financing platform for providing EMI solutions to customers. With ZestMoney, customers with no previous CIBIL score can also get access to financing, according to the release. The…
Tamil Nadu Chief Minister Flag Offs Solar And Electric Powered Rickshaws
Tamil Nadu Chief Minister K Palaniswami flagged off 13 types of solar and electric powered rickshaws, driven by women as a part of an initiative to protect the environment and empower women. According to its press release, K Palaniswami signed…
China’s Electric Carmaker WM Motor Pulls In $1.47B Series D
Chinese electric vehicle startup WM Motor just pocketed an outsize investment to fuel growth in a competitive landscape increasingly coveted by foreign rival Tesla. The five-year-old company raised 10 billion yuan ($1.47 billion) in a Series D round, which will…
Porsche Unveils Awesome 2.1 MWh Megapack-Like Mobile Charging System For Electric Cars
Porsche unveiled a mobile charging solution consisting of a 2.1 MWh Megapack-like battery system in a trailer that can charge 10 electric cars at once. The EV industry is still trying to figure out all the details of the charging…
LG Chem To Spin-Off World’s Largest Electric Car Battery Business
LG Chem plans to spin off its lucrative electric vehicle battery business, the world’s largest, to fund an expansion of its facilities through a potential initial public offering as it benefits from a surge in orders. The South Korean company,…
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,…
