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Custom-made Vehicles from Mahindra for Amazons EV Fleet Program

Amazon has introduced its global last mile fleet program in India. In a first such global initiative for the firm, the fleet will boast 100% electric vehicles (EVs), Amazon EV Fleet Program. The program will facilitate 300 Delivery Service Partners (DSPs) to lease a fleet of tailored three-wheeler electric vehicles through a fleet management firm. []

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Altigreen & Bolt.Earth Sets Sights on Deployment of 100 3.3 kW Charging Stations

Altigreen, which manufactures electric vehicles designed for last-mile applications, has entered into an agreement with Bolt.Earth, a firm which provides electric vehicle charging infrastructure. The two firms have together set sights on the deployment of a hundred 3.3 kW charging stations for electric three-wheelers within a month. Further, they intend to set up more than []

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Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23

Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged []

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Servotech & IIT Roorkee Team Up for Rectifier Units of CCS2 Chargers for EVs

Servotech Power Systems Ltd. (SPSL), an EV charger manufacturer has recently signed two MOUs with IIT Roorkee to develop state-of-the-art rectifier units for CCS2 chargers and onboard EV chargers for two, three and four wheelers.  The onboard charger for electric vehicles is compact and lightweight charger designed to be mounted directly on the two, three []

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RMI Predicts Increase In EV Car Sales By 10% In Six Years

The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled X Car Charge: The []

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RACE Energy & LOHUM Join Forces for Sustainable EV Battery Recycling

RACE Energy, a deep-tech electric vehicle (EV) infrastructure company for battery swapping, today announced a strategic partnership with LOHUM, a producer of sustainable energy transition materials via recycling, repurposing, and refining, to tackle EV battery waste and identify second life use applications. Aligning with the mandate under EPR (Extended Producer Responsibility) guidelines for responsible battery []

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Hospitality Industry Welcomes Customizable EV by Speedways Electric

Speedways Electric, an innovator in electric vehicle technology, has unveiled its latest offering, Royale- a vintage-shaped Low-Speed Electric Vehicle (LSEV) for the hospitality industry. The design of the EV has been patented. Features Royale is a battery-operated, eco-friendly vehicle. It boasts a no-noise, no-pollution operation, making it an environmentally responsible choice, with running costs that []

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Bridgestone India & Tata Power to Install EV Chargers Across India

Automotive products firm Bridgestone India and Tata Power have come together to install EV chargers for four wheelers at Bridgestone dealerships on a pan India basis. These chargers will be operational on a 24×7 basis. Tata Power will be responsible for installing DC fast chargers of capacity 25/30 Kwh that are capable of charging a []

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Bengalurus EV Infra Startup Bolt.Earth Rakes Up $20 Mn Funding

EV infrastructure and software company Bolt.Earth has raised $20 million from Union Square Ventures, Prime Venture Partners and ITIGO Funds, among others. Union Square and Prime Venture Partners had already backed the Bengaluru-based startup during its Series A round of $4 million in September 2021. The company then rebranded itself from Revos to Bolt.Earth. The company said []

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