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EV ecosystem

Chinese Provinces Seek To Build EV Momentum With Higher Incentives

China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […]

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Servotech Bags 1.2 MW UPNEDA Order To Develop Solar Plus Storage Systems

Servotech Power Systems Ltd., a manufacturer of solar solutions and EV chargers has secured a total of 1.2 MW order worth approximately Rs. 10.20 crores for the deployment of grid-connected solar energy storage systems (ESS). The order has been secured from the Rural Development Department of Uttar Pradesh and the Uttar Pradesh New and Renewable […]

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Lectrix EV Partners With Electric One Energy To Boost E-Mobility

Lectrix EV, the electric mobility arm of SAR Group has announced its collaboration with Electric One Energy Pvt. Ltd., an EV superstore chain. The partnership is likely to broaden the former’s EV’s market presence. The collaboration will make Lectrix EV more accessible to Indian and global consumers, looking forward to buying affordable, accessible, and high-quality […]

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What The Indian EV Sector Expects From Union Budget 2024

With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector.  Following are the expectations of the industry from the budget– […]

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Roadcast, AMU Partner To Build GPS-Enabled EV Leasing

Roadcast, recently entered into a partnership with Accelerated Money for U (AMU) to implement Roadcast’s GPS technology in e-rickshaws. They collaborated to make EV leasing more accessible and risk-free.  This partnership between Roadcast a SaaS-based logistics automation platform in India, and Accelerated Money for U (AMU), a non-banking financial company (NBFC), aims to finance electric […]

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As EV Infra Charges Up, Expect EVs To Follow Suit

The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […]

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Waaree Energies Appoints Sanjeev Pushkarna As CPO

Waaree Energies Limited, India’s largest solar PV modules manufacturer with an aggregate installed capacity of 12 GW has  appointed Sanjeev Pushkarna as the Chief Procurement Officer (CPO) for the company. With experience in procurement and a track record spanning multiple years in the energy sector, Pushkarna’s appointment is expected to spearhead the Company toward innovation […]

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Mirae Asset Investment Launches ETF Focused On EVs

Mirae Asset Investment Managers (India) has launched India’s first exchange-traded fund (ETF) focused on electric vehicles (EV) and the new-age automobile industry, after the National Stock Exchange (NSE) launched the new Nifty EV- an index.  last month.The New Fund Offer (NFO) of Mirae Asset Nifty EV and New Age Automotive ETF starts on June 24 […]

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Hubject & Exicom Partners To Enhance EV Charging

Hubject, the EV Interoperability market leader, has entered into a strategic partnership with Exicom, India’s largest EV charger manufacturer, charge point operators, and other ecosystem players. The overall aim of the partnership is to use Hubject’s innovative interoperability technology to improve the charging experience for EV drivers in India. This includes Hubject’s interchange platform, which […]

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