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EV ecosystem

Zypp Electric Registers 3 Times Revenue Growth In FY24; Deploys 20k E-Scooters In 2023

Electric Vehicle firm, Zypp Electric has announced that it had a three-times surge in revenue in FY24. The company has deployed an additional fleet of electric scooters across India, Zypp Electric has expanded its presence in six major metropolitan cities of Delhi NCR, Bangalore and Mumbai. According to Zypp Electric, this exponential growth underscores Zypp […]

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Servotech, Electra Collaborate To Develop Fast EV Charging Solution

Servotech Power Systems Ltd., an EV chargers and solar solutions provider, and Electra EV, an electric vehicle powertrain solutions company, have collaborated together regarding EV charger technology, for which they filed for patents recently. This solution can enable fast DC charging of any GB/T Bharat DC 001 vehicle (which is on sub 200V DC platforms) […]

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IOCL, Panasonic Energy Form JV For EV Batteries

Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […]

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Mahindra Signs MoU with Adani Total Energies For EV Charging Infra

SUV manufacturer Mahindra & Mahindra has announced the signing of a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Limited (ATEL), a wholly-owned subsidiary of Adani Total Gas Limited for setting up electric vehicle charging infrastructure across the country. “This collaboration signifies a giant leap towards building a greener, more sustainable future, aligning with […]

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RMI Releases Report On Mitigating Financial Risks In EV Lending

The RMI released a report that sheds light on the challenges encountered in extending loans for internal combustion engine (ICE) two- and three-wheelers due to the prevalence of new-to-credit (NTC) borrowers. The report emphasizes mitigating risks in lending for the acceleration of electric vehicle (EV) adoption and provides an in-depth analysis of the financial landscape […]

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Servotech, Nashik Municipal Collaborate To Build 20 EV Charging Stations

Servotech Power Systems Ltd., a tech-enabled electric vehicle (EV) Charging solutions provider secured a contract from the Nashik Municipal Corporation (NMC). This contract involves Servotech supplying, commissioning, and constructing 20 electric vehicle (EV) charging stations throughout the Nashik Municipal Corporation area. The objective of this contract is to meet the increasing need for convenient and […]

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EV Maker VinFast Steps Into Global Electric Charging Sector

Electric Vehicle (EV) manufacturer VinFast announced the establishment of V-Green Global Charging Station Development Company (V-Green). According to a media release, VinFast launched the EV charging company to develop a comprehensive charging infrastructure system that prioritizes supporting VinFast vehicles. Spun off from VinFast charging station development division, V-Green, majority-owned by Mr. Pham with a 90% […]

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MNRE Notifies Skill Development Scheme For Green Hydrogen Sector

Ministry of New and Renewable Energy has released guidelines regarding scheme on skilling, up-skilling and re-skilling under the national Green Hydrogen Mission. The scheme aims to undertake a comprehensive skill gap analysis covering key areas of the Green Hydrogen ecosystem continuously along with the creation/updation of a registry of skills as required by the Green […]

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EV Charging Firm TelioEV Ventures Abroad In Five Countries

EV charging management solutions company TelioEV has announced that it has expanded its network into five new countries including Sri Lanka, Nepal, Malaysia, Saudi Arabia, and Oman. The company commenced its operations in these regions in December 2023 and is currently engaging with various stakeholders, including charge point operators, OEMs, EV users, electric vehicle merchants, […]

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