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EV ecosystem

Hero MotoCorp Invests Rs 420 crore in Ather Energy

Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […]

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Hero Electric, Turtle Mobility to Strengthen Last-mile Delivery Segment

Hero Electric said on Monday it will deliver over 1,000 e-scooters to last-mile delivery solutions startup Turtle Mobility this year as part of a partnership between the two firms, a release said on Monday. Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid and […]

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Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu

Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […]

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Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers

With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […]

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Gadkari Bats For Ethanol, Green Hydrogen At Wind Conference

At the World Wind Energy Conference 2021 (WWEC2021) being held at New Delhi, Union Minister for Road Transport and Highways, Nitin Gadkari, stressed on the need to see ethanol and Green hydrogen make an impact in the transportation sector to make a real impact. Pointing out that only 6% of the energy consumption in the […]

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Zypp Electric & Venture Catalysts In Tie-Up For Logistics Innovation Challenge

Leading EV Logistics Tech delivery startup Zypp Electric has partnered with India’s leading early-stage incubator Venture Catalysts to support budding EV Startups. Under this drive, Zypp Electric with Venture Catalyst is organizing an innovative challenge programme named – Zypp EVolve – S1 – EV/Logistics Innovation Challenge. Zypp Electric will support every individual/team/startup who has disruptive […]

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“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter

Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […]

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Tata Motors To Bring 10 New Battery Electric Vehicles by 2025

Tata Motors, India’s multinational automotive manufacturing company has announced multiple plans for shifting its business model towards sustainable mobility. Its annual report for 2020-21, talks about various steps taken and to be taken, towards a sustainable future. The company has announced 10 new BEV (battery electric vehicles) by 2025. Tata’s subsidiary company, Jaguar Land Rover […]

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DHI Increases Incentives for Electric Two Wheelers Under FAME II

In a constant push towards dynamic electric vehicle (EV) adoption in the country, the Department of Heavy Industries (DHI) has brought up some partial modifications in the FAME II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II). DHI has increased the demand incentives by 50 percent for the electric two-wheeler (E2Ws). Hence, […]

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