Electric Vehicles

Delhi’s Revfin Eyes 50 Cities as Part of #RevFinBharatYatra Campaign

Delhi’s EV financing firm, Revfin has launched its comprehensive #RevFinBharatYatra campaign to promote electric transportation and environmental sustainability on a national scale through EV financing. As part of the campaign, Revfin solidifies and expands upon its position as a market leader in both the current and emerging markets. By the end of March 2023, Revfin […]

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EV Startup Chargeup Raises $7 Million in Pre-Series A1 Round

Chargeup, a battery-swapping firm based in Delhi and an Indian FinTech (Finance-Network-Technology Platform) platform, has secured $7 million in a Pre-Series A1 investment. Along with other notable investors like Ekta Kapoor, Sunil Kalra, and Sachin Mehra, it was co-led by Capital-A and Anicut Capital. By lending loans to Chargeup, Jiraaf, a platform for high-yield alternative […]

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Venture Capital Firm SphitiCap Contributes $9 Million to Corrit Electric’s Series A Funding

Noida-based fast-growing electric mobility brand, Corrit Electric has secured $9 million in Series A funding from Noida-based founder-focused, early-stage venture capital firm, SphitiCap. Corrit Electric’s investment from SphitiCap will enable it to further its goal of putting 1,50,000 Corrit Electric bikes on the road over the next three years, ramp up its current production plant, […]

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Government Plans to Resume Providing Commercial EV Permits Without Any Cost

The policy of giving free commercial EV permits will be reinstated by the government two years after it was done away with. Over the previous two years, the Center had abandoned the practice to promote the use of green automobiles. However, it has now decided to go back to the previous procedure for granting such […]

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Pune’s FLASH Collaborates with Poland’s Elimen Group for EV Parts

To produce traction motors and controllers for Electric Vehicles (EVs) in India, Pune-based FLASH, a maker of electronic and electrical components, has formed a technical partnership with Poland’s Elimen Group, a renowned designer and developer of electromobility solutions. Beyond electric two- and three-wheelers, FLASH will now increase its market share in the emerging electric passenger […]

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Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility

Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […]

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Ioniq 5: India’s First Global Battery Electric Platform from Hyundai

Hyundai Motors India, the second largest auto seller in India, continues to firm up its EV plans for the country. With the release of its future model, the Ioniq 5, which is scheduled to make its world debut at the Auto Expo in January of next year, Hyundai Motor India said that it will bring […]

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Three EV Infra Players & Mahindra Collaborate on Charging Solutions

Mahindra & Mahindra announced that it has partnered with Jio-bp, Statiq, and Charge+Zone (Three EV Infrastructure Players) to provide charging options for its next lineup of passenger electric vehicles. The Mumbai-based automaker said in a statement that thanks to these agreements, Mahindra EV users would have seamless access to a reliable fast-charging infrastructure and e-mobility […]

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Vivek Reddy Joins Telangana’s BikeWo as Co-Founder & CEO

BikeWo, an electric two-wheeler brand with headquarters in Telangana, recently announced the appointment of Vivek Reddy as Co-Founder & CEO. Vivek has a wealth of experience in the infrastructure, energy, and environmental sectors. He has participated in the negotiation of several strategic agreements for large-scale renewable and non-renewable projects, both domestically in India and abroad […]

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