SUBSCRIBE NEWS LETTER

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EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025

Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […]

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All Delhi Officials Will Commute in EVs, Request 4W Owners to Switch: Gahlot

Delhi Transport Minister Kailash Gahlot has announced that all leased or hired cars to be used by Delhi government officials for commute will be electric vehicles (EVs) within the coming six months. The Minister also requested all four-wheeler owners in the city to switch to EVs. Also, he claimed that the subsidies being offered by […]

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CSC SPV Launches Rural e-Mobility Program to Promote EVs in Rural India

Common Services Centre (CSC) e-Governance Services Limited, a Special Purpose Vehicle (SPV) by the Ministry of Electronics and IT, has announced a rural e-mobility program urging people to switch to electric vehicles (EVs) to preserve the environment and reduce carbon emissions. CSC scheme is one of the mission mode projects under the Digital India Program. […]

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Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem

South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […]

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Delhi EV Campaign Receives Immense Response, EVs Completes 2 Cr Km Run

Freshly launched ‘Switch Delhi’ Campaign, by Delhi CM Arvind Kejriwal has been receiving an immensely encouraging response by the state. The campaign started to promote electric vehicles (EVs) has been received “exceedingly well” and many two-wheeler companies have decided to “aggressively” launch new EV models in Delhi, an official statement said on Saturday. Delhi Transport […]

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Government To support 62,000 EVs, 15 Lakh E2Ws & E3Ws Through Subsidies

The government aims to support through subsidies about 62,000 electric passenger cars (EVs) and buses, besides 15 lakh electric 2Ws and 3Ws. To Fasten the electric vehicle (EV) adoption in the country, the government aims to support through subsidies about 62,000 electric passenger cars and buses, besides 15 lakh electric three- and two-wheelers, Parliament was […]

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EV Startup PiBeam Electric Launches First Utility Electric Two-Wheeler, ‘PiMo’

PiBeam Electric, an IIT Madras incubated electric vehicle (EV) startup has yesterday launched its first sustainable, uniquely designed, and affordably-priced electric two-wheeler (E2W) ‘PiMo’. This e-bike can be used for both personal and commercial needs. The company claims that PiMo is India’s first urban utility EV, with a 50 Km Range at a speed of […]

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Global EV Sales to Reach 62 Mn per Year by 2050: WoodMac

In its latest report, Wood Mackenzie has revealed that Electric Vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock reaching over 700 million. The report suggested, shortly before that date, in 2047, battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and fuel cell […]

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MG Motor India Launches New ZS EV 2021, Available Across 31 Cities

The Indian subsidiary of Chinese automotive manufacturer, MG Motor India has launched the new ZS EV 2021 priced at Rs. 20.99 lakhs. The updated version comes with a best-in-class 44.5 kWh Hi-Tech battery and has a certified range of 419 KM*. Sharing his excitement, the President & Managing Director, MG Motor India, Rajeev Chaba stated, […]

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