EV+Storage

Mainstream OEMs Ready to Enter in Electric Two Wheelers Territory: Report

According to a report from brokerage firm Motilal Oswal Financial Services, the competitive landscapes of the scooter segment could get changed by the entry of mainstream Original Equipment Manufacturers (OEMs) in the e-scooter territory that may disrupt the electric two-wheelers E2Ws market.  The report stated, “It is believed that E2Ws are ready for disruption, particularly […]

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Delhi Announces Interest Subvention Scheme of 5% in EV Purchases

Delhi Transport minister Kailash Gahlot has announced that the government is soon going to introduce an interest subvention scheme worth 5 percent for electric vehicle (EV) purchases in the state. This initiative has been taken to promote the Delhi government’s EV policy offering financial incentives on all categories of e-vehicles – two-wheelers, three-wheelers, four-wheelers, goods […]

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Sun Mobility Partners With Zyngo, Aiming 500 EVs by 2021 End

Bengaluru-based EV battery Swapping solutions provider Sun Mobility has announced that it has partnered with a pollution-free logistics provider Zyngo to facilitate Zyngo’s E-Loaders/E-Carriers with its EV battery swapping options. Sun Mobility will provide its services available at Indian Oil Corporation Ltd (IOCL) stations, to reinforce its last-mile delivery services. Both the companies announced their […]

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IIT Delhi Develops EV Charging Station with Inbuilt Solar PV Interface Capability

IIT Delhi researchers have developed a truly modular, scalable, and environmentally friendly electric vehicle (EV) charging station with in-built solar photovoltaic (PV) interface capability.  The highly innovative 20 kW smart EV charging station was developed at the Smart Grid Lab of the Department of Electrical Engineering. According to a press release by the Director of […]

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EV Policy Announcement saw Share of EVs in Delhi Rise to 2.2% In 3 Months: DDC

The share of EVs in Delhi has increased from less than 1% to 2.2% in 3 months after the Delhi EV Policy was launched, per DDC Vice-Chairperson. In a webinar hosted by the Dialogue and Development Commission (DDC), DDC vice-chairperson Jasmine Shah announced that the share of electric vehicles (EVs) in the city has increased […]

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BLive Raises $1 Million Investment in Pre-Series A Round From Four Investors

A Goa-based travel tech platform that offers electric bikes for immersive experiential tours, BLive has announced that it has raised an investment of USD 1 million as part of the follow-on capital of the Pre-Series A round. The EV tourism initiative BLive has informed that the funding was a combination of debt and equity was […]

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Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million

Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […]

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Hero Electric Delivers 50,000 Units in 2020, Tops the Segment

A pioneer and market leader in the Indian Electric Two-Wheeler industry, Hero Electric announced that it has sold over 50,000 electric two-wheelers in 2020 consequently retaining the top slot in the segment. According to PTI, the company also announced that its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across […]

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