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Venture capital rolls in for EV battery startups

A key development in the global EV industry’s advancement last year was a striking rise in venture capital for EV battery startups, which indicates an upward graph for the trend in 2022 both within and beyond India. Globally speaking, 2021 saw EV battery startups raising over $3.6 billion through funding rounds led by big names […]

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The Top 5: Reasons Indians are Hesitant to go with E2W

India is the largest two-wheeler mobility market in the world, with sales peaking at 21 million units in 2019. With the growing concerns over pollution-induced climate change, electric mobility is seen as a substitute for fossil-fuel-dependent conventional vehicles. Two wheelers is also where adoption is expected to be earlier and faster due to lower costs […]

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Charge+Zone Adds 20 Unmanned Charging Stations on Guj-Maha Highway

CHARGE+ZONE, an  EV Charging Network company today announced that it has successfully electrified over 1000 kms of National Highways in India, by setting-up a network of twenty(20) unmanned, app driven EV charging points  along the Gujarat- Maharashtra National highway. Through this, the company claims it has successfully cracked Dealer Owned Company Operated (DOCO) and Company […]

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Explained: EV Subsidies, Incentives Offered by Center and States in India

Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […]

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Magenta expands EVET offering to Mumbai and Chennai

EVET by Magenta, the e-mobility platform, which has been running its EV Fleet for urban logistics movement for about a year now in Bengaluru, now enters Mumbai and Chennai Markets. The company informs that it shall roll out over 500+ EV Fleet in the next 3-4 months in both cities. EVET (Electric Vehicle Enabled Transport) […]

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Auto Component Hub Thailand Plans EV Package

The Thai cabinet is considering tax cuts and subsidies to boost Thailand’s EV market. The idea is clear. To ensure that the South East Asian country remains a hub for component manufacturing, even as the era of ICE vehicles ends over the coming decade and more.  The move comes even as Thailand faces a fresh […]

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Maharashtra to go with EVs for Ajanta Ellora Cave visits

The Maharashtra government has set plans to leverage electric vehicles (EVs) to transport tourists to the world heritage sites in the state. Maharashtra state tourism minister Aaditya Thackeray announced government plans to deploy EV for facilitating state tourism to the world-famous UNESCO world heritage sites Ajanta and Ellora caves. Until their closure due to covid, […]

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EVI Technologies Installs 380 EV Chargers in 17 Indian Cities

Indian EV charging solutions provider EVI Technologies Private Limited (EVIT) has installed 380 EV chargers in 17 cities across India, the company said in a recent statement. It is further planning to set up charging and battery swapping stations in more cities of the country for electric two and three wheelers by FY 22-23. EVI Technologies was incubated by Electropreneur Park, and […]

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20% of all E4W Used by Govt Entities, Karnataka Leads list: Gadkari

One in every five electric four-wheelers registered in the country is being used by govt entities, according to road transport ministry data submitted in Parliament. On Friday, Union road transport minister Nitin Gadkari informed Lok Sabha that govt entities are using 5,384 electric vehicles as of February 4. Earlier, he had informed Rajya Sabha that […]

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