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electric vehicles

Clean Motion Secures $1 Mn From Finvolve, India Accelerator

The Indian arm of Swedish electric vehicle (EV) maker Clean Motion has raised $1 million in seed funding from India Accelerator-backed micro-enterprise firm Finvolve. In a statement, Clean Mobility Solution India representative Deb Mukherji said the company’s India arm also plans to raise a pre-series round of $3 million to $5 million early next year. […]

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Volkswagen’s Charging Brand Elli Partners PV Provider Otovo For Home Charging Solutions

German auto major Volkswagen Group continues to pivot towards an electric vehicle future. Elli, its home grown brand for charging and energy, and Otovo, the leading European solar platform have  announced their strategic partnership. Their joint goal is to offer a holistic solution that combines clean solar energy with electric mobility. Together, Elli and Otovo […]

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Tracxn Environment Tech Report 2024- Funding Drops, But Share Improves

Startup Research firm Tracxn released a special Environment funding report on World Environment Day last week. A Key Finding was the rise of Equity funding for Environment Tech companies in proportion to global tech funding. In 2024, close to 10% of all equity funding has gone into startups in the environment tech sector. A significant […]

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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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