Ecofy And Mahindra Last Mile Mobility Partner to Boost Electric Three-wheeler Adoption in India
Ecofy, an Indian green-focused NBFC supported by Eversource Capital, has partnered with Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Ltd. This collaboration aims to enhance the adoption of electric three-wheelers in India by merging Mahindra’s…
Kenya to Invest 1.9 mln USD to Boost EV Adoption in 3 years
Kenya Power, the country’s electricity distributor, said on Monday that it will invest 1.93 million U.S. dollars in the next three years to spur the adoption of electric vehicles (EVs) in the country. Kenya Power Managing Director Joseph Siror said…
Pavna Inds Hits the Roof After Signing Auto Component Supply Agreement With OLA Electric
Pavna Industries was locked in 5% upper circuit at Rs 561.40 after the company announced that it has inked an agreement with OLA Electric to supply ignition switches and latches. Ola Electric Mobility, headquartered in Bengaluru, is India’s largest electric…
US on Track to Meet 50% EV Target by 2030 Despite Slowing Growth
The US remains on track to meet ambitious targets for electric vehicle adoption despite signs of waning demand, according to Energy Secretary Jennifer Granholm. Speaking at an electric vehicle battery plant in Moses Lake, Wash., on Thursday, Granholm projected the…
Global Auto Market to Grow Modestly as China Leads EV Adoption
The global automotive market is projected to grow modestly this year, with a 1.6 percent increase to 84.12 million units signaling a tempered post-pandemic recovery, as global carmakers are looking to adopt strategies from Chinese carmakers to spur mass adoption…
Gogoro, Swiggy Join Hands For EV Adoption In Last-mile Delivery
Electric vehicle battery-swapping solutions provider Gogoro Inc on Thursday announced a partnership with Swiggy to promote its electric Smartscooters to last-mile delivery partners of the on-demand convenience delivery platform across India. Gogoro and Swiggy will provide a seamless path for…
