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electric vehicles

Hero MotoCorp Invests Rs. 124 Crore In Ather Energy

Delhi-based Hero MotoCorp invested, up to Rs. 124 Crore in Ather Energy an electric two-wheeler company in Bengaluru.   Ather Energy is engaged in designing, manufacturing, selling, and servicing electric two-wheelers. It has business spread out in charging infrastructure, storage, distribution, and management of electric power. This included energy investment in batteries and other ancillary services. […]

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Mobility Firm Marelli To Supply Battery Thermal Plate To Carmakers

Marelli has been awarded a contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The solution, a key technology for thermal energy management in electric vehicles, has been developed and will be produced in-house by Marelli. The supply will begin in 2024, reaching approximately 5 […]

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Uno Minda Signs Deal With Chinese Firm For Making EV Parts

Uno Minda, a major supplier of seating, lighting, switching, and acoustics solutions to international automakers, announced that it had signed a deal with Suzhou Innovance Automotive to manufacture and market a limited number of high-voltage category electric vehicle products for Indian passenger cars and commercial vehicles. The next-generation 3-in-1 electric drive systems (e-Axle), EV motors, […]

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Indian Oil, Sun Mobility To Build Battery-Swapping Network

SUN Mobility, an energy infrastructure and services provider for electric vehicles (EVs), announced a collaboration and a joint venture (JV) with Indian Oil, a diversified, integrated energy major to establish and deploy one of the largest battery-swapping infrastructure networks by 2030. The joint venture is expected to scale up to over 10,000 battery-swapping stations across […]

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SOLshare Secures $2.2 million Investment For EV Integration

SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […]

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Courier Company Blue Dart To Expand EV Fleet

Courier and package distribution company Blue Dart has announced it will be expanding its EV fleet in order to cut down emissions. Balfour Manuel, Managing Director, Blue Dart, said, “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to […]

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Zepto Partners With Battery Smart To Get Access To 1000 Battery Swapping Centers

Indian battery swapping company Battery Smart today announced its partnership with Zepto, an e-grocery and quick commerce service. The partnership will allow the delivery partners of Zepto 1000 battery swapping service points. Battery swapping refers to system where a consumer swaps his discharged batteries with a charged batteries from battery swapping centres to reduce the […]

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EV Maker Euler Motors Raises Rs 200 crore

The manufacturer of commercial electric vehicles, Euler Motors, announced that it has closed its Series C round, having raised approximately Rs 200 crore. The business had previously obtained over $60 million in new financing in October 2022 and approximately $14.5 million in November 2023. This round’s investors include Blume Ventures, a domestic venture capital firm, […]

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Expediting Clean Energy Transition Improves Living Standards: IEA

Transitions to clean energy are affecting the cost of living the world over. According to a new report by the International Energy Agency (IEA), speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly The IEA report, Strategies for Affordable and […]

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