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Relux Electric Secures 250 Cr For EV Charging Expansion in South India

Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the fund to create 20 new hypercharging stations within the next […]

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India Sees Registration Of 36.68L Electric Vehicles, Says Govt

Union Minister of Road, Transport and Highway Nitin Gadkari recently shared data on the plans to substitute fossil fuel vehicles with Electric Vehicles (EVs) and also shared the number of EV two-wheelers, four-wheelers, goods transport vehicles and passenger vehicles plying on the roads, as on till date. In a written reply to the parliament, the […]

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Hala Mobility, Sieger Technologies Collaborate For 18,000 EV Two-Wheelers In Hyderabad

E-Mobility-as-a-Service (E-MaaS) solutions provider Hala Mobility has partnered with lithium-ion battery producer Sieger Technologies for accelerating the establishment of EV fast charging infrastructure in Hyderabad, Telangana. Under the multi-year agreement, the focus of the two firms lies on rolling out EV fast charge/battery swap stations. Hala Mobility said that the partnership will be commencing with […]

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Biden Admin Awards $623 Million To Shore Up EV Charging Network In US

Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […]

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EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales

As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […]

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Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network

Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised […]

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11.61 Lakh Electric Vehicles Sold Under FAME-II Scheme, Says Govt

The Minister of Heavy Industry (MHI) Minister, Mahendra Nath Pandey recently shared data on the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) Scheme in the parliament. The scheme operated for a period of five years commencing from 1st April 2019 with a total budgetary support of Rs. 10,000 crores. The minister said […]

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Gogoro, Uber Eats Tie-up To Boost Electric Mobility In Taiwan

Taiwan-based battery swapping company Gogoro and Uber Eats Taiwan announced a Green Delivery Program to make it easier and more affordable for Uber Eats delivery partners to switch to electric scooters. The two-year partnership is worth nearly US$30 million. Both the firms will fund the initiative. Delivery partners will receive discounts on new Gogoro Smartscooters […]

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ZEVO Introduces Electric Refrigerated Vehicle in Partnership with IIT

Tech-enabled electric vehicles mobility platform, ZEVO, has announced its partnership with Machphy Solutions towards the deployment of the brand’s innovation across ten cities in its inaugural year. The initiative will benefit several sectors such as pharmaceutical, seafood, dairy, and FMCG Industries in the temperature controlled last-mile delivery segment. Machphy Solutions is a tech firm from […]

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