SUBSCRIBE NEWS LETTER

EV ecosystem

Ather Energy Installs Over 1000 Fast Charging Stations Across India

Bengaluru-based electric scooter manufacturer Ather Energy has announced that it has installed more than 1000 fast charging stations – ‘Ather Grids’ – across 80 cities in India. Ather has been on an expansion spree to ensure easy access to its electric scooters and plans to install over 2500 fast charging stations by the end of […]

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Saera Electric Auto Enters into Vehicle-Financing Tie-up with AMU Leasing

Electric vehicle maker Saera Electric Auto Private Limited (SEAPL) has entered into a vehicle financing contract with non-banking financial company (NBFC), AMU Leasing Pvt. Ltd (ALPL). The agreement paves the way for the customers of SEAPL looking to buy electric vehicles to avail financing options from ALPL.  Manufacturers have been seeking tie-ups to speed up […]

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Deep Tech Analytics Platform iRasus Raises Seed Funding

iRasus, a Deep Tech Analytics platform for EV and Stationary Batteries, has raised an undisclosed amount in seed funding from marquee investors. The funding will expand the company’s offerings across different segments of the market, especially the Electric Mobility Segment. iRasus Technologies, is building a platform to help organize and analyze battery data. Investors in […]

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eBikeGo’s Arm Vajram Electric Raises $1.5 Mn in Seed Funding Round

Mumbai-based OEM service provider and also a wholly owned subsidiary of eBikeGo company, Vajram Electric, recently raised $1.5 mn in seed funding round that was led by High Networth Individuals, such as Nikul Gala and family and included other well-known HNIs, including Anil Basa, Cyprian D’mello, and others. Vajram Electric is looking to create a […]

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Battery Swapping Giant Gogoro Enters India, Partners with Zypp Electric

Taiwan based global battery swapping ecosystems developer Gogoro Inc has announced its entry in India with a pilot project that will begin in December 2022, by forging a strategic initiative and partnership with India’s Zypp Electric, an EV-as-a-Service platform. The official statement held that together, the companies are focused on accelerating the urban shift of […]

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Attero Picks Telangana For Its Advanced Li-ion Battery Recycling Plant

Attero Recycling, India’s largest electronic waste recycling and the world’s largest Li-ion battery recycling company, today announced that it will invest ₹600 crores to set up a state-of-the-art integrated Lithium-ion battery recycling factory in Telangana. The facility will be spread over 50 acres and will increase Attero’s Li-Ion battery recycling capacity to 19,500 MT by […]

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Okinawa Autotech Registers Retail Sales of 17,531 Units in Oct 2022

Okinawa Autotech, an Indian manufacturer of electric two-wheelers, sold a record 17531 units in retail sales in October 2022 as a consequence of the robust demand from customers for its wide range of EV scooters. The sum of sales includes both high-speed and low-speed electric scooters from Okinawa Autotech. The increased demand for electric scooters […]

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PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022

As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […]

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