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EV Startup Chargeup Raises $7 Million in Pre-Series A1 Round

Chargeup, a battery-swapping firm based in Delhi and an Indian FinTech (Finance-Network-Technology Platform) platform, has secured $7 million in a Pre-Series A1 investment. Along with other notable investors like Ekta Kapoor, Sunil Kalra, and Sachin Mehra, it was co-led by Capital-A and Anicut Capital. By lending loans to Chargeup, Jiraaf, a platform for high-yield alternative []

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Pilot Company, Volvo Partner to Set up Charging Network for Electric Trucks

America is on a drive to decarbonise its transport sector. In a key development, Pilot Company or Pilot Travel Centers and Volvo Group have signed a Letter of Intent to develop a high-performance charging network open to all battery-electric Class 8 truck brands to support fleet customers in their electrification and decarbonization journeys. The official []

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Punes FLASH Collaborates with Polands Elimen Group for EV Parts

To produce traction motors and controllers for Electric Vehicles (EVs) in India, Pune-based FLASH, a maker of electronic and electrical components, has formed a technical partnership with Polands Elimen Group, a renowned designer and developer of electromobility solutions. Beyond electric two- and three-wheelers, FLASH will now increase its market share in the emerging electric passenger []

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BPCLs Major EV Charger Supply Project Goes to Servotech

Servotech Power Systems Ltd., an NSE-listed leading manufacturer of EV Charging solutions, has been awarded a major project by Bharat Petroleum Corporation (BPCL) for the supply and installation of 800 units of DC fast EV chargers at different locations across India in the next four months. The project will span across the country, equipping petrol []

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Taiwans Gogoro Inc Partners with Hero MotoCorp to Enter EV Market

Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in Indias rapidly developing EV market. According to the companys chairman and CEO, Horace Luke The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from []

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Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs

The government of Karnataka and Bengalurus electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the states largest EV battery charging and swapping infrastructure. []

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80% Charge in 20 Minutes? Possible, Says EV Charger Quench

Quench, a firm that produces EV chargers, has launched Tallboy which is among the worlds fastest EV chargers. The parent company of Quench is Pune-headquartered Ador Digatron- a global market leader that looks into the development and manufacture of test and formation charging systems for batteries. Needless to say, Tallboy is already creating waves around []

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Stella Moto by Jaidka Group Officially Enters Indian EV Markets

The Jaidka Group-backed Stella Moto has entered the market for electric two-wheelers (e2W) in India. In the passenger and load carrier (L3) divisions, the Jaidka Group has been operating electric three-wheelers for the past six years. Stella Moto intends to put the most cost-effective electric vehicles on the road built around  innovation and high-quality products []

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Indo-Japanese Research Offers A Solution For Ultra Fast Charging of Lithium Batteries

A team of researchers from the Indian Institute of Technology Gandhinagar (IITGN) and the Japan Advanced Institute of Science and Technology (JAIST) has developed a new anode materials that enables lithium batteries to be recharged within minutes. This will help to charge your battery-based gadgets or even electric vehicles at an ultra-fast speed (Ultra fast []

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