SUBSCRIBE NEWS LETTER

electric vehicle

Ford Shifts Into High Gears For Electric, Will Invest $20 Billion

The eco – friendly push in the mobility sector continues to surprise, and add momentum, sometimes well beyond projections as auto makers scale up plans. The latest news comes from Ford Motor, the American auto conglomerate, that has planned to invest a massive $20 billion in the future to match other players as far as […]

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Mahindra Launches Electric Three-wheeler at Rs 1.44 lakh

Bengaluru-headquartered Mahindra Electric Mobility has launched its new electric three-wheeler e-Alfa Cargo, priced at Rs 1.44 lakh (ex-showroom Delhi). The launch of the e-Alfa Cargo marks the company’s entry into the rapidly growing e-cart segment, said Mahindra. Formerly known as the Reva Electric Car Company, Mahindra e-Mobility’s EV portfolio also includes 3w Treo, sedan eVerito, passenger […]

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Bangalore’s Ola Electric Raises $200 M at $5 B Valuation

Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of  e-scooters […]

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E-Mobility Startup VAAN Electric Moto Launches E-Bikes in India

Lifestyle e-mobility startup VAAN Electric Moto Pvt Ltd has launched its electric bicycle ‘Urbansport’ in the country. Union Minister of State for Skill Development, Entrepreneurship, Electronics and IT, Rajeev Chandrasekhar, launched the Van Electric Moto brand in India in a virtually held event in Kochi on Friday. The e-bike is available in two variants- Urbansport […]

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Hero Electric, M&M Partner for EV Production, Platform Development

Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […]

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Hero Electric to Offer New Loan Schemes to e-2w Buyers

Hero Electric on Thursday said it has tied up with Shriram City Union Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement. The partnership will enable customers to avail a fully […]

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Hero Electric, Turtle Mobility to Strengthen Last-mile Delivery Segment

Hero Electric said on Monday it will deliver over 1,000 e-scooters to last-mile delivery solutions startup Turtle Mobility this year as part of a partnership between the two firms, a release said on Monday. Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid and […]

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India’s ‘1st Electric Motorcyle’ KRATOS to be Unveiled by Jan End

Electric motorcycle maker Tork Motors is set to launch its much-awaited ‘made-in-India’ e-bike T6X, now renamed as KRATOS, by this month-end, which will be the first vertically integrated electric vehicle (EV) in the country, according to a statement. The company also said it is expected to commence deliveries of the e-bike within a couple of […]

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Ola Electric to Have 4,000 EV Charging Points in 2022, says CEO

As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across Indian cities next year, the company recently informed its customers. In a tweet, Bhavish Aggarwal, Founder and CEO, Ola, said that Hypercharger roll out has begun across cities. “At key BPCL pumps as well […]

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