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electric vehicle

Sona Comstar, Equipmake To Make Electric Powertrains For Indian Vehicles

Gurugram-based automotive technology company Sona BLW Precision Forgings Ltd, or Sona Comstar, has signed a technology licensing agreement with UK-based tech firm Equipmake which has developed high-performance electric powertrains. The patented technology of Equipmake offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles. Under the […]

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Generate Hydrogen & Electricity, Charge Vehicles: Wind Turbines That Do It All!

The convergence of climatetech and entrepreneurship has given the world some of the best energy solutions. In a recent development on this front, US-based Wingardium energy is building as well as distributing innovative wind turbines made by Kohilo Wind. These wind turbines are an interesting invention that generate hydrogen and electricity at the same time. […]

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Saera Electric Auto Enters into Vehicle-Financing Tie-up with AMU Leasing

Electric vehicle maker Saera Electric Auto Private Limited (SEAPL) has entered into a vehicle financing contract with non-banking financial company (NBFC), AMU Leasing Pvt. Ltd (ALPL). The agreement paves the way for the customers of SEAPL looking to buy electric vehicles to avail financing options from ALPL.  Manufacturers have been seeking tie-ups to speed up […]

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Three Wheels To Buy 3300 Electric 3-Wheelers From Piaggio Vehicles

Bengaluru based EV financing fintech – Three Wheels United (TWU) – has signed an MoU with Piaggio Vehicles (PVPL) for the procurement of 3300 electric 3-wheelers to be deployed over the next 18 months across Delhi NCR, Uttar Pradesh, Karnataka, Kerala, Telangana, Maharashtra and Andhra Pradesh. The official statement of Three Wheels United held that […]

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PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022

As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […]

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Expect Govt to Float Tender for 3500 Electric Powertrain Vehicles Soon

The Centre is considering replacing the federal government’s fleet of gasoline and diesel vehicles with electric powertrain vehicles, and the process will soon begin with the challenge of placing an order for 3500 electric powertrain vehicles. Convergence Energy Services Ltd. (CESL), a state-controlled company, has announced that if more manufacturers introduce electric vehicles at lower […]

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Hero Electric Begins Construction Of Second Manufacturing Plant In India To Produce 2 Lakh Vehicles

Country’s leading electric scooter company, Hero Electric has begun to build its second manufacturing plant adjacent to the existing facility in the country in Ludhiana, Punjab. Hero Electric Managing Director Naveen Munjal was quoted as saying, “We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the […]

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Fiat To Become Electric Only Vehicle Maker by 2030

Iconic Italian automaker Fiat Automobiles has announced plans to shift completely to making electric vehicles (EV)  by the year 2030. Fiat also plans to phase out all ICE (internal combustion engine) vehicles by the beginning of 2025. Speaking of electric mobility at Fiat, its CEO, Mr. Olivier Francois was quoted as saying by Engadget, “It […]

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