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ev penetration

Senior Manager, Market Development

We are looking for a Senior Manager, Market Development – India, to join the Middle East and Asia Growth & Development team in Wärtsilä Energy Business. Wärtsilä Energy Business is leading the transition towards a 100% renewable energy future. As an Energy Systems Integrator, we understand, design, build and serve power systems for future generations. […]

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Chandigarh to issue tender for 100 EV charging stations

In a push to launch its electric vehicle (EV) policy, the Chandigarh administration is poised to float a global tender in three to four days to invite eligible companies to bid for installing 100 charging stations across the city, according to recent media reports. The UT will select the company in a month. “The tender […]

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Explained: EV Subsidies, Incentives Offered by Center and States in India

Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […]

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e6 – India’s First EV Model to Adopt BYD Blade battery Technology

BYD India announced that its eMPV e6 is powered by BYD’s Blade Battery. It is a subsidiary of the Warren Buffett-backed Chinese EV maker BYD. The eMPV e6 was launched recently for the B2B segment. The e6 was launched in India in November 2021. It is equipped with both fast and slow charging functions which […]

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EVI Technologies Installs 380 EV Chargers in 17 Indian Cities

Indian EV charging solutions provider EVI Technologies Private Limited (EVIT) has installed 380 EV chargers in 17 cities across India, the company said in a recent statement. It is further planning to set up charging and battery swapping stations in more cities of the country for electric two and three wheelers by FY 22-23. EVI Technologies was incubated by Electropreneur Park, and […]

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Indian EV maker Altigreen Secures Rs 300 cr in Series A Round

Indian EV maker Altigreen has raised around Rs 300 crore (approx. US$ 40 Million) as investment in its Series A round, to boost its manufacturing, launch new products including LCVs, and strengthen its countrywide presence. The funds will be utilized to ramp up production capabilities, accelerate R&D, facilitate fast-paced EV adoption and develop a robust Pan-India network to offer the […]

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Chandigarh Admin Notifies Draft EV Policy, Offers Financial Benefits

Chandigarh Administrator Banwarilal Purohit has approved the “Draft Electric Vehicle (EV) Policy 2022” for the union territory, aiming to turn the latter into a ‘Model EV City’ through a significant increase in EV penetration within five years. Following its recent notification, the draft EV policy will stay in the public domain for a period of […]

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Bounce Clocks 1 M Battery Swaps — A First in Indian EV Market

Smart mobility firm Bounce said on Thursday it has achieved over a million battery swaps on its energy infra network, making it the first player in the domestic market to accomplish such a feat. Backed by marquee investors such as Accel, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm and Omidyar Network, among others, Bounce […]

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TVS Motor Acquires 75% Stake In Largest Swiss EV Company

TVS Motor Company has acquired a 75% stake in the Swiss E-Mobility Group (SEMG), a provider of e-mobility solutions within the DACH region that operates the largest pure-play e-bike retail chain M-way in Switzerland with close to USD 100M in revenue. The $100 million all-cash deal has been made through TVS Motor’s Singapore Subsidiary, TVS […]

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