India sees a threefold increase in EV sales in 2022, with demand rising in Tier-2 and Tier-3 cities

Experts credit rising awareness of the environmental and cost benefits of EVs and highlight the need for charging infrastructure and local manufacturing capabilities to drive …

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PFC sanctions Rs 633 crore loan for 5000 passenger and 1000 cargo EVs to Gensol Engineering Ltd

The loan will support the expansion of Blusmart Mobility’s fleet of ride-hailing cabs and contribute to reducing carbon emissions from the transportation sector. Power Finance …

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Partnership

RACEnergy and Hala Mobility collaborate to deploy 2,000 electric two-wheelers in India

The fleet integrated with RACEnergy’s state-of-the-art battery-swapping technology will be utilized for delivery services across India RACEnergy, a deep tec company for battery swapping, has …

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Partnership

Greaves Cotton Acquires Excel ControLinkage for Enhanced Market Position

India’s leading engineering firm makes multi-tranche acquisition for right-to-win in electric powertrain and power electronics segments Greaves Cotton Limited, has announced that it has entered …

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Etrio and Kosher Climate collaborate

Etrio Partners with Kosher Climate to Create Carbon Credit Framework for Commercial EVs

Etrio, a leading electric vehicle (EV) manufacturer in India, has announced a strategic partnership with Bangalore-based renewable energy consultants, Kosher Climate. The partnership aims to …

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BP, Morgan Stanley, Magenta Mobility, e-mobility, electric vehicles, last-mile delivery, logistics, India, investment, decarbonization, EV charging, fleet management software.

BP, Morgan Stanley’s investment fund commit $22M to Magenta Mobility for e-mobility expansion

BP, in collaboration with an investment fund managed by Morgan Stanley India Infrastructure, has invested a total of $22 million in Magenta Mobility, a leading …

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Metastable Materials - Founders Saurav Goyal, Manikumar Uppala, Shubham Vishvakarma

Metastable Materials secures seed funding for chemical-free lithium-ion battery recycling technology

Metastable Materials, a deep-tech recycling company that specializes in lithium-ion batteries, has announced seed funding led by Surge, Sequoia Capital India, and Southeast Asia’s rapid …

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Servotech Power Systems Showcases Latest Tech-enabled Solar and EV Charging Solutions at Smart Cities India Expo

Servotech Power Systems Ltd. showcased its latest tech-enabled Solar and EV Charging Solutions at the 8th Smart Cities India Expo, co-located with the 30th Convergence …

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