EV deployment

Okaya EV Joins Forces with Bluwheelz for 1000 EV Deployment

Okaya EV, a firm which delves in electric vehicle (EV) industry, has entered into a strategic partnership with Bluwheelz, a tech-enabled logistics firm, known for first-mile, mid-mile, and last-mile logistics solutions and offers Fleet as a Service. The two firms will look at deploying 1000 EVs by September 2023. The initiative will kick off in […]

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Magenta Mobility Secures Debt Financing from SIDBI for EV Deployment in Delhi NCR

Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across Delhi-NCR region. […]

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PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles

CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […]

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