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9 EV Financing Startups in India Accelerating EV adoption

The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […]

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EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup

The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […]

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Chargeup Introduces Solar Battery Swap Station in Jaipur

Chargeup, a provider of battery swapping network, has announced the launch of a solarized battery swapping station. The firm claims that this is a first-of-its-kind in India. The pilot project for the battery swapping station, launched in Jaipur, is owned and operated by Chargeup. The solarized battery swapping station has the ability to handle the […]

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Battery Maker Exponent Claims Lowest Degradation After 3000 Quick Charging Cycles

Exponent Energy, an energy-tech startup that claims to have unlocked a 0 to 100% charge in 15 minutes for EVs, has announced the successful completion of 3000 cycle testing in collaboration with renowned German testing agency, TUV India (TUV Nord Group, Germany). The company says that the testing reports only 13% battery degradation even after […]

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BMW’s EV Deliveries In India Grow By 11% In First Half of 2023

BMW India, one of the leading luxury car makers in the electric segment in the country, reported an 11 percent growth in its total deliveries of electric vehicles (EVs) in the first six months of 2023. BMW Group India said it continued its dominance in the electric luxury segment. It attributed this to the most […]

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1C Charging Joins The EV Rush With Charging Solutions

India, as the world’s furth largest auto market, is fast emerging as one of the fastest-growing Electric Vehicle (EV) markets in the world too. The size of the industry is projected to grow from USD 3.21 billion in 2022 to USD 113.99 billion by 2029. With growing sales of EV, various brands are also emerging […]

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India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals

The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […]

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EV Ownership & Maintenance: Advantages Every Business Must Leverage

By Tushar Choudhary, Founder & CEO, Motovolt Mobility Sustainability of operations has become a key consideration for all major businesses. Consumers are well-aware of the climate change crisis, and concerned about any damage caused to our ecology. Since transportation is one of the major contributors of air pollution, EVs are widely seen as the clean, […]

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EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding

EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in its Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with family offices and HNI investors. Neuron Energy says that this funding […]

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