Electric Vehicles

JSW MG Motor India Partner Ecofy For EV Financing

JSW MG Motor India have announced that it partnered with Eversource Capital-backed NBFC Ecofy to provide financing and leasing solutions for its electric vehicles. According to a release, the two businesses have inked a Memorandum of Understanding (MoU) under which Ecofy will offer leasing and financing options for up to 10,000 JSW MG EVs over […]

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Mobility Firm Marelli To Supply Battery Thermal Plate To Carmakers

Marelli has been awarded a contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The solution, a key technology for thermal energy management in electric vehicles, has been developed and will be produced in-house by Marelli. The supply will begin in 2024, reaching approximately 5 […]

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SOLshare Secures $2.2 million Investment For EV Integration

SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […]

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EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025

Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […]

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Charging Firms, Energy Companies To Create UPI-Like Network for EV Charging

Twenty Energy companies have come together to create an Alliance for an open energy network called the Unified Energy Interface (UEI). This UPI-like system is aimed at facilitating seamless payment and transaction interoperability within EV charging networks. The Alliance includes member companies like ChargeZone, Pulse Energy, Kazam, Sheru, Trinity, Turbo, etc. Leading public policy think […]

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Lack Of Incentives Keep EVs Unaffordable In Europe, Says ACEA

The latest data from the European Automobile Manufacturers Association (ACEA) shared that affordability concerns are the major cause that hampers market uptake for electric vehicles (EVs). Despite European Union (EU) legislative efforts to reduce CO2 emissions from vehicles, a lack of initiatives at both EU and national levels prevents acceleration in market uptake of electric […]

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Green Mobility Firm Finayo Appoints Nitin Kant As Director Of Sales & Operations

Gurugram-based green mobility firm Finayo has announced the appointment of Nitin Kant as Director of Sales & Operations. The company said in a statement that Nitin will be responsible for steering the company towards an exceptional growth trajectory by creating a top-notch strategy that focuses on effectively managing the platform’s entire portfolio. According to a […]

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AMO Mobility Plans To Manufacture 30,000 Electric Vehicles By FY24-25

Noida-based AMO Electric Bikes has unveiled a high-speed electric two-wheeler model Jaunty i Pro with Smart BMS, CAN 2.0B protocol, 12-inch tyre, combi braking system, smart speedometer with safety buzzer. Powered by BLDC hub motor which generates 143 N-m torque at 2.95KW and 2.52KW battery and comfortably delivers a satisfying mileage of up to 120km. […]

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Nissan Plans To Launch 16 New Electric Model In Next Three Years

Nissan Motor recently launched The Arc, its new business plan to drive value and strengthen competitiveness. The plan focused on a broad-based product, increased electrification, and new approaches to engineering and manufacturing. It focused on new technologies adoption, and the use of strategic partnerships to increase global unit sales and improve profitability. Under the two-part […]

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