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ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors

ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […]

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News In Brief May 8- GEAPP, Battery Smart, AEROCOMPACT, ESRI

GEAPP Launches Climate Africa Warsha to Advance Renewable Energy Reporting The Global Energy Alliance for People and Planet (GEAPP) and its alliance partners hosted the inaugural Climate Africa Warsha on World Press Freedom Day. The “Warsha” which means ‘workshop’ in Swahili creates a platform where journalists can connect with key renewable energy stakeholders, equipping them […]

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India Overtakes China As Largest Three-Wheelers EV Market: IEA

International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […]

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Tata Power EV Charging Network Surpasses 10 Cr Km Milestone

Tata Power, an integrated power and electric vehicle charging solutions provider company became one of the EV Charging solutions providers to power 10 crore (100 million) kilometres. It spans public, semi-public, bus/fleet, and home charger segments across India. This achievement underscores Tata Power’s contribution to promoting sustainable mobility solutions nationwide. India’s vision for sustainable transportation […]

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COVER STORY: India Gears Up For Solar Waste Recycling Challenge

The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […]

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Maharashtra Hosts Highest Operational Public Charging Stations: Data

The Minster Of State For Heavy Industry, Krishan Pal Gurjar, shared details on the status of the Operational Public Electric Vehicle (EV) charging stations in India. In a written reply to the parliament, the minister gave state-wise details of the operational public charging (OPC) for electric vehicles (EVs) as of 2nd February 2024. According to […]

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Assam Launches App-Based Electric Bike Booking System

The Assam State Corporation of India (ASTC) has developed an online mobile application (app – based service) to book electric bike for its cities with the support of Bycosi Ecotech Pvt Ltd, a Guwahati-based social enterprise.   Assam has already rolled out electric buses earlier with the partnership from Tata Motors. It has now introduced electric […]

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India Allocated Rs 5.2cr To Subsidize 11.53 lakh Electric Vehicles: Govt

Latest data from the Ministry of Heavy Industries claimed that the Union government allocated a total of Rs 5.2 crore as subsidies to incentive 11.53 lakh electric vehicles (EVs) in the country by the end of December 1, 2023. The information was recently shared by the ministry in a media statement. The ministry said that […]

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Startup India & Avaana Climate Launch Grand Challenge for ClimateTech Innovation

Avaana Climate & Sustainability Fund, an early-stage VC that invests in disruptive technology-led climate startups, in collaboration with Startup India, a flagship initiative of the Government of India has unveiled the ‘Grand Challenge for ClimateTech Innovation’. This initiative aims to identify and support entrepreneurs building world-class solutions, to aid India and the entire world, in […]

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