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EV Charging Firm Magenta Mobility Triples Revenue In Fy23

Electric mobility and EV charging focused platform Magenta Mobility recorded an approximate threefold rise in scale to Rs 18.7 crore in the fiscal year ending March 2023. The same year, operations contributed over 63% of the total revenue. It generated a revenue of Rs 6.3 crore the preceding fiscal year with close to Rs 6 crore coming []

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MG Motors, BatX Partner For Off-grid Solar-EV Charging Stations

MG Motor India has announced its collaboration with Lithium-ion battery recycling firm BatX Energies for Indias first-ever off-grid, solar-EV charging station powered by repurposed MG EV batteries, marking a significant advancement in sustainable mobility. The product was inaugurated by Professor Ajay Sood, Principal Scientific Advisor to the Union government, in an event organized on the []

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India Established 7,432 EV Charging Stations Under FAME II: Minister

Minister of State For Heavy Industries Krishan Pal Gurjar, in a written reply before the Parliament, shared details on the amount given to the Electric Vehicle (EV) manufacturers under Faster Adoption and Manufacturing (FAME-II) for Hybrid Electric Vehicles.  Rs. 5790 crores were given to electric vehicle manufacturers on sale of 13,41,459 EV under Phase II []

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Biden Extends Support To Made-in-America EV Charging Network

United States (US) President Joe Biden made a recent announcement of vetoing a law that waived the American requirement for purchasing electric vehicles (EVs). While extending support to Investing in America Agenda the President said in a press statement that, he pledged to veto this resolution, which would hurt American workers, undermine domestic manufacturing, and []

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Biden Admin Awards $623 Million To Shore Up EV Charging Network In US

Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and []

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HPTDC To Install EV Charging At Its Hotels To Boost Tourism in Himachal Pradesh

In an effort to attract tourists, the Himachal Pradesh State Tourism Development Corporation (HPTDC) is installing EV charging stations at its hotels situated across the state. The hotels of the Corporation are strategically located at prominent places such as Barog, Parwanoo, Kiarighat, Darlaghat, and other top destinations along highways. These places witness significant tourist footfall. []

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Tata Passenger Electric Mobility Teams Up with CPOs for 10,000 EV Charging Points

An arm of Tata Motors, Tata Passenger Electric Mobility Ltd., has joined hands with various charge point operators (CPOs), Chargezone, Glida, Statiq and Zeon, for the rollout of more than 10,000 additional electric vehicles charging points. The time period to achieve this is within the next 12-15 months. Thus, EV owners will have access to []

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Ministry of Heavy Industries Greenlights 7,432 EV Charging Stations Across India

In a major announcement that is set to transform the EV (electric vehicle) charging landscape of the country, the Ministry of Heavy Industries has given its nod for 7,432 EV charging stations. The charging stations will be set up by three Oil Marketing Companies (OMCs). The announcement comes under the second phase of the FAME []

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