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GreenCell to Invest 400 Cr for Deployment of 350 E-buses in UP

GreenCell Mobility, backed by EverSource Capital, has announced on Thursday, that it is going to invest Rs. 400 crores in a consortium of PMI Electro Mobility Solutions, including the acquisition of 49 percent stake, for deploying 350 electric buses (e-buses) across Uttar Pradesh. Electric mobility solutions provider, GreenCell claims that it has acquired stakes in […]

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UNEP, Tata Power and Central Railway Partners to Launch EV Charging Points

The Central Railway, Mumbai, partners with the UN Environment Programme (UNEP) and Tata Power to launch their novel green initiative to promote e-mobility in Mumbai. The joint venture has announced the installation of charging points for electrical vehicles (EVs) as a part of this initiative. These charging points would be available at all important railway […]

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Ford Raises Investment in EV & AV Leadership Up To $29 Billion

US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […]

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1 in 6 Passenger Cars Registered in EU in Q4 was Electrically-Chargeable

In Q4 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). In the fourth quarter (Q4) of 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). Stimulus packages introduced by governments to boost demand, following […]

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TVS Motors Launches iQube, its Electric Scooter in Delhi

Indian multinational motorcycle company, TVS Motors has yesterday launched its iQube electric scooter in Delhi, with an on-road price of Rs.1,15,000. After Delhi government’s ‘Switch Delhi’ campaign, the price may fall to 1,08,012. The TVS iQube comes with 3 Li-ion battery packs, supported with dedicated BMS and a 3 years warranty. It charges for two […]

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Tata Power Reports Q3 Results, Strong Showing by Renewables Biz

Tata Power has announced its results for Q3, reporting a robust overall performance, with a strong showing in the renewable business. Tata Power, India’s largest integrated power company, has announced its results for the quarter ended December 31, 2020. Reporting a robust overall performance, the firm highlighted its strong showing in the renewable business. The […]

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Earth Energy EV Uncovers Three new Indigenous Electric Two Wheelers

Mumbai based automotive startup, Earth Energy EV has launched its three all-new electric two-wheelers (E2Ws) Glyde+ scooter, and two motorcycles; Evolve R & Evolve Z, for Rs 92,000, Rs 1.30 lakh, and Rs 1.42 lakh, respectively. The company announced them as the on-road prices of the E2Ws that are absolutely indigenous.  However, the Glyde+ e-scooter […]

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Power Consumption in January Grew by Nearly 6% to 3-Month High

India’s power consumption increased to a three-month high of nearly 6 percent at 111.43 billion units (BU) in January 2021. India’s power consumption increased to a three-month high of nearly 6 percent at 111.43 billion units (BU) in January 2021, showing a jump in economic activities. According to data made available by the power ministry, […]

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No Road Tax, Zero Registration Fee for EVs in Telangana From Feb 3

The Telangana Government has released an order on Tuesday, declaring there will be no registration fees along with no road tax for electric vehicles (EVs) in the state, effective Wednesday, February 3.  The order says that 100 percent road tax and registration fee exemption would be given for the first two lakh electric two-wheelers, first […]

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