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Fiat To Become Electric Only Vehicle Maker by 2030

Iconic Italian automaker Fiat Automobiles has announced plans to shift completely to making electric vehicles (EV)  by the year 2030. Fiat also plans to phase out all ICE (internal combustion engine) vehicles by the beginning of 2025. Speaking of electric mobility at Fiat, its CEO, Mr. Olivier Francois was quoted as saying by Engadget, “It […]

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Zomato Deliveries To Be 100% Electric Powered by 2030

Gurugram based Food delivery giant, Zomato has taken a key step towards its sustainable future goals. As part of its environmental projects to offset its delivery carbon footprint, Zomato has announced committing to 100 percent adoption of electric vehicles (EVs) for deliveries by 2030, on World Environment Day (June 5). The firm is also on […]

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Volkswagen Delivers E-Cars to Greek Island of Astypalea

The German automaker, Volkswagen has delivered eight electric vehicles to the Greek island of Astypalea on Wednesday, to put the island is on course to become a smart, sustainable island over the next five years.   This move is a part of a mission ‘Greece 2.0’ of the Greek Government, this mission aims to transform the […]

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Yulu Bikes Claims 2.5 Times Growth During Lockdown

When businesses all across the country suffered due to Covid-19 imposed lockdowns, one electric mobility company claims it grew , and played its part in helping covid warriors. We are talking about Yulu bikes, that enables urban mobility across public and private modes of transport seamless, shared, and sustainable, through its user-friendly mobile app. We […]

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Magenta Closes Series A Round With new Commitments Worth $15 Mn

EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a  commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […]

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Etrio Steps Into E4W Light Commercial Vehicle Segment

Hyderabad-based electric vehicle (EV) maker Etrio has announced that it is planning to step into the electric 4-wheeler (E4W) light commercial vehicle (LCV) segment along with plans to launch more electric 3-wheeler products. The EV maker also announced its entry into the B2C segment with a pan-India dealership network endeavouring to increase adoption of its […]

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EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily”

German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […]

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Electric Vehicles to Cost Less Than ICE Vehicles in EU by 2027: Report

Electric Vehicles will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest Electric Vehicles and vans will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest, according to a new BloombergNEF study commissioned by Transport & […]

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IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6

London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […]

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