SUBSCRIBE NEWS LETTER

electric vehicle

Reformed Taxations On SUVs Can Fuel Growth Of EVs Globally: Report

A latest report by the Global Fuel Economy Initiative (GFEI) pointed out at the need of bringing a reform in taxation on cards based on their weight and prices. The report talked about the role of weight-based taxation in improving energy efficiency within the SUV (Sports Utility Vehicle) market. The report considers the environmental impact of […]

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Charge Zone & MG Motor Partner to Boost EV Charging Network Across India

Automotive firm MG Motor India has joined hands with Charge Zone aiming at the expansion of EV charging network across India. Under the partnership forged by the two firms to set up EV charging network, Charge Zone and MG Motor will set up charging stations across prime locations on highways, cities as well as MG […]

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Tata Power Claims To Install 62,000 Home Chargers For EVs Till Now

TATA Power, recently announced addition of 11,529 new Electric Vehicle (EV) home chargers in the second quarter of FY24. This brings the total count of Tata Power home EV Chargers to 62,000 across India. Tata Power claims that its home EV charging solutions enhance, convenience and accessibility of EV charging for Tata Power EZ Charge’s customer […]

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Servotech Adds 2,649 EV Chargers Order from BPCL

Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […]

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Bengaluru-based Orxa Launches E-bike ‘Mantis’ With 221-km Range

Bengaluru-based automotive company Orxa Energies launched its ambitious electric sports bike ‘Mantis. The company claimed the e-bike has a range of 221 kms with a single charge. The product is priced at Rs 3.6 lakh.  The firm said that over 85% of the Mantis is designed and developed by the Orxa team and Indian vendor-partners. […]

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Chandigarh-Shimla Highway Now Energised With Charging Infrastructure

Tata Power, which has quietely emerged as one of India’s largest and leading EV charging solutions providers, has announced the activation of its electric vehicle (EV) charging infrastructure along the Chandigarh- Shimla highway. Covering a total distance of 111 kms and addressing the demand for reliable charging options on this popular route, the strategically positioned […]

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Growth Of EV Market Highest In China, EU, Says WRI Report

Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […]

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Early Stage VC SeaFund Invests in 5 DeepTech Startups 

Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […]

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E-Mobility Startup Baaz Bikes Eyes New Subscription Models with $8 Mn Funding

Baaz Bikes, an electric mobility platform that helps gig workers make deliveries by its in-house designed bikes supported by automated battery swapping infrastructure, has pocketed $8 Mn in its Series A funding round. The funding round was led by BIG Capital based in Singapore. It also saw participation from Japan-based Rakuten Capital, Kalaari Capital, 9Unicorns, […]

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