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EV ecosystem

LOHUM & Vecmocon Partner to Power 100,000 LIB-Enabled EVs

Producer of sustainable energy transition materials and Vecmocon, an Indian EV intelligence company backed by Tiger Global & Blume Ventures, have partnered to accelerate EV battery adoption and enable easy financing. The partnership aims to accelerate second-life battery use and power 100,000 LIB-enabled EVs over two years with AI-powered Battery Management System (BMS) by determining […]

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Hyundai Plans To Launch Five EV Models In India By 2032

South Korean car manufacturer Hyundai Motor Group has planned to launch five electric car models in India by the end of 2032. It also planned to increase its charging infrastructure in the country to boost electric mobility in the country, the company said in a statement.  The company revealed the information during the visit of […]

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The market’s evolution should not solely rely on subsidies: Manish Chugh, Co-founder & Director of Aponyx Electric Vehicles

Aponyx, an electric vehicle manufacturer, was founded in 2017 at IME Manesar, Gurugram, Haryana. The founders focused on  embracing the opportunity to demonstrate innovations in the electronics and electrical sectors. As technology advanced and various electrical appliances were introduced to the market, the company manufactured and serviced various electronic equipment and appliances including all reputed […]

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EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million

Mufin Green Finance, an electric vehicle (EV) financing company, secured funding of INR 80,000,000 from the UK-registered charity, Shell Foundation. The collaboration aims to establish a joint de-risking pool valued at $2 million, known as First Loan Default Guarantee (FLDG), to catalyze commercial debt. This strategic move is expected to enable Mufin Green Finance to […]

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TelioEV Listed over 10,000 EV Charging Stations on its Discovery App

TelioEV, India’s leading EV charging management solutions provider, has announced listing over 10,000 EV charging stations on its Discovery App within twelve months since its inception. These charging stations are strategically located across 27 states, covering major cities, towns, and highways. State-wise Partnerships The top three states with the highest number of charging stations where […]

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Servotech Sets up Subsidiary for EV Charging Components Manufacturing

EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […]

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9 EV Financing Startups in India Accelerating EV adoption

The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […]

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EIB Delegation to India to Focus on RE Intiatives, Green Hydrogen Ecosystem

A European Investment Bank (EIB) delegation is embarking on a four-day business visit to India this week to strengthen collaboration with Indian public and private sector partners. The visit of the delegation, which includes EIB Vice-President Kris Peeters, will primarily focus on discussing EIB’s support for clean energy investments and transportation initiatives in the country. […]

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EV Ownership & Maintenance: Advantages Every Business Must Leverage

By Tushar Choudhary, Founder & CEO, Motovolt Mobility Sustainability of operations has become a key consideration for all major businesses. Consumers are well-aware of the climate change crisis, and concerned about any damage caused to our ecology. Since transportation is one of the major contributors of air pollution, EVs are widely seen as the clean, […]

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