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Prioritise Electrification of 2 & 3 Wheeler Segment: Report

The report brings insights and opinions from the country’s first multimodal e-mobility initiative, titled ‘Beyond Nagpur: The Promise of Electric Mobility’. A new report by the Ola Mobility Institute, a policy research and social innovation think-tank, offers insights from the shared mobility providers extensive electric vehicle operations in Nagpur to help devise business models, provide […]

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India’s Road Towards EV Adoption…

When it comes to Electric Vehicles (EVs), India would certainly seem to be playing catch up with the rest of the world. Consider the fact that in China, they have already started worrying about a mini-bust in the sector, thanks to the huge number of startups and major players who have jumped in. Thus, even […]

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Tata Power and IGL to Co-Develop EV Charging Stations and Solar Projects

Tata Power and IGL sign pact to jointly work on developing EV charging stations, swapping stations and solar power projects. Tata Power, one of India’s largest integrated power company, has signed an agreement with one of the country’s leading natural gas distribution companies, Indraprastha Gas Ltd (IGL) to co-develop electric vehicle charging stations, battery swapping […]

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SUN Mobility Partners with SmartE for EV infrastructure

SUN Mobility is a leading provider of energy infrastructure and services for electric vehicles and SmartE is India’s largest electric vehicle fleet operator. SUN Mobility has announced a partnership with SmartE to deploy its universal energy infrastructure to support SmartE’s growing EV operations. SUN Mobility is a leading provider of energy infrastructure and services for […]

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Essel invests Rs 1750 Cr for Electric Vehicle Charging Stations in UP

Inaugurated by PM Modi, the stations and the swapping technology are the part of Essel Group’s Essel Green Mobility Limited program. The initiative comes along an investment of Rs. 1750 crore. To foster the use of Electric Vehicles in the country, the ESSEL Group’s Essel Infraprojects (EIL) has launched its electric vehicles charging stations and […]

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Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry

The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […]

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Lectrix EV to Supply Electric 2Ws to ZEVO Mobility

Lectrix EV and ZEVO, a major player in the electric mobility space, have signed a strategic cooperation. Lectrix EV is a member of the SAR Group, which has been on the market for more than 30 years and is known for consumer names including Livpure and Livguard. The company has six R&D sites and works […]

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India’s EV Sector: OEMs Lead 70% of Deals In 2023, Says Report

According to a report by Bain and Company and Indian Venture and Alternate Capital Association, EV penetration in private equity and venture capital (PE-VC) is projected to rise from 6% in 2023 to 40% by 2030.  The report highlighted that 2023 followed the trend observed in the second half of 2022, with a reduction in […]

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Revfin Inks Deal With Sun Mobility For EV Financing

Electric Vehicle maker SUN Mobility and Revfin have collaborated to offering innovative financing solutions for fleet and passenger vehicles utilizing SUN Mobility’s Battery-as-a-Service (BaaS) model. Revfin will finance two-wheelers for fleet business and three-wheelers for cargo and passenger vehicle segments. SUN Mobility also plans to deploy almost 100k of these vehicles under the BaaS model, […]

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