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Bounce To Add 4,000 EVs To Fleet By Feb, Go 100% Electric By Q3 FY22

Shared mobility platform Bounce said it plans to add 4,000 e-scooters on its platform by February and transition to a 100 percent electric vehicle fleet by the third quarter of FY22. “We have been transitioning to green mobility since early…

Ideanomics’ MEG Signs Agreement With Beijing Xenning Green For EV Procurement And Financing

Ideanomics’ MEG division has announced an agreement with Beijing Xinneng Green Intelligent Network Technology Co., Ltd. (BXGI) to help finance the replacement of its urban fleet with electric vehicles (EVs) in China over the next five years, starting in 2020….

Electric Vehicle Startup Zypp Plans To Raise $50 Million Over Five Years

Gurugram-based electric vehicle startup Zypp is planning to raise around $50 million over the next five years to expand operations. The company, that currently provides electric scooters on rent to consumers mostly in the NCR, is looking at raising $12 million over the next…

QCCIG And Seven Stars Investment Group To Raise Funds To Finance EV Sales in Qingdao and Shandong Province

The Qingdao City Construction Investment Group Limited  (QCCIG) has entered into framework strategic cooperation agreement with Sun Seven Stars Investment Group Limited (SSSIG) to raise up to RMB 50 Billion (USD 7 Billion) fund to finance investment projects in Qingdao and Shandong…