SUBSCRIBE NEWS LETTER

ev manufacturing

BLive Raises $1 Million Investment in Pre-Series A Round From Four Investors

A Goa-based travel tech platform that offers electric bikes for immersive experiential tours, BLive has announced that it has raised an investment of USD 1 million as part of the follow-on capital of the Pre-Series A round. The EV tourism initiative BLive has informed that the funding was a combination of debt and equity was […]

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MoRTH Launches ‘Go Electric’ Campaign To Promote E-Mobility & E-Cooking 

Union Minister Nitin Gadkari today launched the ‘Go Electric’ campaign of the Bureau of Energy Efficiency (BEE) to promote and spread awareness on electric mobility, EV charging infrastructure, and clean and safe electric cooking in India.  Minister for Road Transport & Highways and the Minister of Micro (MoRTH), Nitin Gadkari, the Minister of Power and […]

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Ather Energy Announces Investment of Rs 635 Crore Over Next 5 Years

Electric two-wheeler (E2W) manufacturer, Ather Energy has announced that the company is going to make an investment worth Rs 635 Crores over the next five years to scale up the production in its EV manufacturing facility in Hosur, Tamil Nadu.  The company has recently begun operations from its mega-factory in Hosur, Tamil Nadu from 2nd […]

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Ola Exploring Sites for Network of Charging Stations in India & Europe

Indian ride-hailing firm, Ola is searching multiple sites to build a network of charging stations for electric two-wheelers(E-2Ws) across India and Europe. The E-mobility driven Ola, is searching in 50 cities in India and different locations in Europe to build the global network of charging infrastructure, according to sources privy to the development. Also, over […]

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Ola Gears Up For Electric Scooter Entry With MOU For Plant in Tamil Nadu

Ola, the largest Indian ride-hailing firm is beginning its journey into EV manufacturing with a plant to make electric scooters in Tamil Nadu, India.  The SoftBank- financed company will reportedly invest Rs. 2,400 Crores in setting up the world’s largest scooter manufacturing facility in India which will produce approximately 10,000 jobs in the country. On […]

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Key Battery Metals Need Increased Investment to Meet Climate Targets

According to Wood Mackenzie’s Accelerated Energy Transition (AET) scenario, the battery raw materials supply chain requires much more investment by 2030. According to Wood Mackenzie’s Accelerated Energy Transition (AET) scenario, which sees global warming limited to 2.5 degrees (Celsius), the battery raw materials supply chain requires much more investment by 2030. The AET brings electric […]

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Will Tax Sops Help in Faster Adoption of Electric Vehicles?

To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […]

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Electric Vehicles India is Shifting Gears

ELECTRIC VEHICLES ARE NOT GOING TO TAKE THE MARKET BY STORM, BUT IT’S GOING TO BE A GRADUAL IMPROVEMENT. The automobile sector in India is one of the largest growing markets of the world, and contributes highly to the nation’s manufacturing facilities. Not only this, the automobile domain is further expected to pull up the […]

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H1 2024-25: Insolation Energy Sales Surge 118% To Rs. 928.34 Cr

Rajasthan-based Solar module manufacturer Insolation Energy, in its consolidated performance update for the nine months ended on 31st December 2024, secured consolidated provisional sales of Rs. 928.34 crores, marking a significant increase from Rs. 482.5 crores during the same period ended 31st December 2023. As a firm listed on the BSE SME board, reporting obligations […]

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