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electric mobility

Gensol Engineering Appoints Ankit Jain As Chief Financial Officer

Renewable energy company Gensol Engineering Limited today announced the appointment of Ankit Jain as the Chief Financial Officer (CFO). Ankit will be succeeding Jabir Mahendi Aga, who is moving into an expanded leadership role within Gensol Group. Gensol Engineering is an EPC company in the renewable sector with electric mobility portfolio too. Ankit brings over […]

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Green Startups Rising But Finance A Concern: MUFG Report

Funding continues to be a challenge for more than 800 climate tech startups in India, of which many have, till now, reached the growth stage. According to a report by IIMA Ventures and MUFG Bank, it is only 2.5% that get the prized Series A+ rounds. The report was launched at the Climate Action Summit, […]

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JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha

The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […]

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No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme

The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […]

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DAEWOO India & eBikeGo Announce Collaboration For Developing e-Bikes

DAEWOO India, and eBikeGo, announced a new collaboration to develop and launch a range of personal mobility vehicles over the next five years. The partnership aims to transform the personal electric mobility segment by combining DAEWOO’s Global image with eBikeGo’s innovative electric mobility solutions. The collaboration will focus on developing a diverse range of electric […]

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Delhi’s Motor Vehicles Emit More In Real Operations: Report

Delhi and nearby Gurugram have suffered the debilitating impacts of poor air quality for decades. The transport sector has been a major contributor to this form of air pollution, a study by Real Urban Emissions (TRUE) Initiative revealed. The study was conducted in collaboration with authorities in Delhi and Gurugram, utilizing non-intrusive remote sensing technology […]

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After Dip In EV Sales, Tata Motors Pins Hopes On FAME-III For Revival

After facing a dip in the sales of Electric Vehicles (EVs) in Q1FY25, Tata Motors has pinned hopes on the rollout of the FAME-III scheme for the revival of its electric vehicle business. The top management of the company said that the fleet segment of its EVs which used to be around 10 percent of […]

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BLive, Awign Tie Up To Connect 10,000 Gig Workers With EVs

India’s e-mobility platform, BLive, has partnered with Awign, a work-as-a-service platform, to onboard 10,000 riders for BLive’s EV Rental Programme over the next 12 months. This collaboration aims to enhance last-mile delivery services across India by providing gig workers with access to affordable electric vehicles (EVs). Awign, known for optimizing work processes and cost management […]

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