Tags: EV

Olectra- EVEY Trans bags order for 150 electric buses from PMPL

Olectra Greentech and EVEY Trans Private Limited (EVEY) have received the letter of award from Pune Mahanagar Parivahan Mahamandal Ltd. (PMPL) for 150 electric buses under FAME-II scheme of Government of India. The order is for the supply of 150 electric buses on Gross Cost Contract (GCC) / OPEX model basis for a period in […]

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Over 100 models approved by Delhi Govt. for subsidy under new EV policy

The Delhi government has approved more than 100 models of vehicles, including 45 makes of e-rickshaw and 12 of four-wheelers, for subsidy under the new electric vehicles policy, Transport Minister Kailash Gahlot said on Friday. “Vehicles priced up to ₹15 lakh will be eligible for the purchase incentive(subsidy), besides exemption of road tax and registration […]

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EV startup Etrio raises $3 million, to launch three-wheelers and bicycle product lines

Electric vehicle startup Etrio has announced that it has raised of $3 million (approximately Rs 22 crore) in Series A round from high networth individual investors based out of Singapore. The investment will fuel Etrio’s foray into new electric vehicles (EVs) in three-wheelers and bicycle product lines, the company said, adding that it aims to […]

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E-mobility Skill Development cum Adoption-A Roadmap for $5 Trillion Economy

The transition towards electric mobility offers India not only an opportunity to improve efficiency and transform the transport sector but also addresses several issues that the country is currently grappling with. The concerns regarding energy security and rising current account deficit (CAD) from rising fossil fuel imports can be addressed with the uptake of electric […]

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National Drive Electric Week shifts online in its tenth year, scheduled from Sept 26 -Oct 4

The tenth annual National Drive Electric Week, a coast-to-coast celebration of electric vehicles (EVs), will be held September 26–October 4 and include more than 100 online events for the first time, due to the COVID-19 pandemic. The campaign highlights the environmental, health, and consumer benefits of clean plug-in vehicles and is hosted each year by Plug […]

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TVS Group enters composite space with minority stake in Italian firm

Sundaram Finance Holdings Ltd (SFHL), part of the $7 billion TVS Group, on Monday said it has taken a minority stake in Italian company MIND S.r.l, an automotive component maker in composite materials. According to SFHL, the strategic investment in MIND would enable the company to facilitate the sharing of manufacturing excellence, systems and automation, […]

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EVage introduces India’s first home-built ‘Exoskeleton Structure’ for EVs

In line with Prime Minister Narendra Modi’s vision Atma Nirbhar Bharat, mobility tech start up firm EVage introduces India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for launch of SUVs, Vans, Delivery Vehicles and Trucks. The disruptive technology innovation, from which as many as seven different kinds of vehicles can be produced, […]

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Delhi Govt’s policy for EV comes at the right time: Pankaj Tiwari, Business Head of Nexzu Mobility

Commenting on the Electric Vehicles (EVs) policy announced by  Arvind Kejriwal, Chief Minister of Delhi; Pankaj Tiwari, Business Head of Nexzu Mobility India said – “Delhi Government’s policy for Electric Vehicles comes at the right time for this industry segment, which has been reeling under pressures of the recessionary conditions from last year followed by the onslaught of the COVID-19 pandemic which necessitated […]

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India is power surplus, so benefits of e-mobility is very much in interest of the country: Nitin Gadkari

India is poised to become one of the largest electric mobility markets in the world in the coming decade, with the Government’s push to curb pollution and reduce reliance on import dependent fossil fuels. India Energy Storage Alliance (IESA) organized the 7th Electric Mobility event ‘India e-Mobility Conclave 2020 (IMC 2020)’ on 6th August 6, […]

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EV sees new dawn in European market despite recession

The global recession and pandemic may have made the EV market gloomy and cancelled business plans all over the world but Europe’s push into electric cars isn’t one of them. According to Associate Press, despite of the painful recession the sales of electric and hybrid cars have performed better than the overall market and for […]

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