EV

BorgWarner Increases South Carolina Battery Production by 3GWh

America’s one of the leading automotive supplier BorgWarner has announced that will be investing $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production of 3GWh of annual battery module […]

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EV Battery Swapping Firm Esmito Ties Up With Zepto To Reduce Charging Downtime 

Esmito, an Electric Vehicle (EV) Battery Swapping Solutions firm, has partnered with popular delivery partner Zepto. Under the partnership, Esmito will help the e-delivery partner fleets to use the services of its battery-swapping solutions for uninterrupted mobility.  The firm said that the partnership would likely pave the way to reduce the downtime of Zepto’s two-wheeler […]

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Delhi Hosts The Largest Number of 4-Wheeler EVs in India, Says Govt Data

The latest data from the Ministry of Heavy Industries claimed that New Delhi hosts the higher number of Electric Vehicles (EVs) in the four-wheeler segment out of all the Indian states. The trend has come to the fore through an analysis of the ministry data based on their dashboard on the total number of EVs sold in […]

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Gujarat Sees 600 Percent Jump In Electric Vehicle Registrations In One Year

The World Resources India (WRI), an international clean energy think tank, claimed that between 2021 and 2022, Gujarat recorded a steep hike in registration of Electric Vehicles (EVs). WRI-India, in its analysis, said that between 2021 and 2022, the state witnessed a 600 percent rise in EV registration. The state government in 2021 came up […]

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NexGen Energia Plans To Establish 100 EV Charging Stations Through Franchise Model

NexGen Energia, a green fuel company in India, has planned to develop 100 new Electric Vehicle (EV) Charging Stations nationwide. The venture has planned to rope in franchises across the country to expand its business to achieve this target. It also claimed that with several of its offerings for the partners coming on board for […]

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EV Maker Wardwizard Operationalises Lithium-ion Battery Unit in Vadodara

Electric vehicle manufacturer Wardwizard Innovations and Mobility has announced that it has begun the operations of its lithium-ion battery assembly facility at Vadodara in Gujarat. The assembly line has been in-built by the company at its EV ancillary cluster and has an annual production capacity of 1 GWh. Wardwizard had announced about the company’s plan […]

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Mercedes to Invest on Large Scale in Electric Vehicle Plants

German automotive giant Mercedes has said that it is setting sights on investing billions of dollars towards the modernisation of its electric vehicle plants in China, Germany and Hungary. In order to cut emissions, the automaker will be shifting to electric vehicles. The European Union will be looking to cut down CO2 emissions per passenger […]

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AMU Leasing Partners with EV Firms to Deploy Over 600 ICE-to-EV 3W Cargo Vehicles

Non-banking financial company and Delhi-based EV-exclusive lending platform, AMU Leasing Pvt Ltd has joined forces with 3ev Industries Pvt Ltd and 3eco Systems Pvt Ltd. The collaboration looks to introduce a new initiative focussed on the deployment of more than 600 converted ICE-to-EV three-wheel L-5N cargo vehicles in India. This is to be achieved within […]

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Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn

Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […]

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