EV industry

EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023

Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […]

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Are Solid-State Batteries The Next Milestone In The EV Industry?

Electric vehicles are becoming increasingly popular as the world looks for more sustainable transportation options. The battery is a key component of any electric vehicle, and solid-state batteries (SSBs) are seen as a potential game-changer in the EV industry. Solid-state batteries have several advantages over lithium-ion batteries that are currently used in EVs. They are […]

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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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Amazon Partners with TVS Motor to Expand Indian EV Segment

Amazon India and TVS Motor Company recently announced a partnership to deploy electric two- and three-wheelers, significantly advancing the country’s transition to electric mobility. As part of this partnership, a fleet of TVS Motor electric two- and three-wheelers will be used for Amazon’s last-mile deliveries. Additionally, the two businesses will test TVS Motor’s electric vehicle […]

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Gujarat’s EV Charger Installer Mindra EV Inks MoU with IRM Energy for EV Charging Stations

As part of a significant move toward green transportation, IRM Energy, a Gujarat-based integrated natural gas distribution firm, and Mindra EV, another Gujarat-based EV charger installer, have partnered to install fast DC EV charging points throughout their CNG retail outlets in Gujarat. The decision will hasten the state’s adoption of EVs. IRM Energy’s CNG retail […]

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Bengaluru’s EV Firm Ather Energy Intends to Open 150 Experience Centers by 2023

In an effort to strengthen its position in Chennai, Ather Energy, Bengaluru-headquartered electric scooters manufacturer, recently announced the opening of a third experience centre. The 450X is available for purchase in Chennai at the recently opened retail site on the Old Mahabalipuram Road, often known as the IT Corridor, for Rs. 1.57 lakh, and the […]

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Ola Electric Set To Launch Its First Electric Car by 2024

Ola Electric has announced last Monday that it is set to launch its first electric car by 2024. The company, which had trouble with deliveries of its electric scooters after making its exact one-year debut into the market, has set an ambitious goal of selling 10 lakh electric cars by 2026–2027. Ola founder and CEO […]

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Superior Battery Swapping Infrastructure Can Change the Entire EV Ecosystem

This year’s Budget was very important for the EV Industry as the Indian government has introduced a battery swapping policy and created higher standards for the growth of India’s electric vehicle (EV) ecosystem. The battery swapping policy and interoperability standards for electric vehicles (EVs) announced by the government in the Budget aim to address one […]

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