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China, Europe Lead record global EV sales in 2021

A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […]

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Okinawa’s New E2W Plant in Rajasthan Has 3 Lac Units Annual Capacity

Indian electric two-wheeler manufacturer Okinawa Autotech has commenced operations at its second manufacturing unit located in Bhiwadi, Rajasthan, the company said in a recent statement. The company expects to be manufacturing close to 3 lakh electric vehicles (EVs) per year at the new plant, aiming to eventually increase the capacity to 1 million in the […]

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Hero MotoCorp Invests Rs 420 crore in Ather Energy

Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […]

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Hero Electric to Offer New Loan Schemes to e-2w Buyers

Hero Electric on Thursday said it has tied up with Shriram City Union Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement. The partnership will enable customers to avail a fully […]

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EV Charging Startup Charzer Ties Up with ADDA For Charging Stations In Apartments

Bengaluru based EV charging infrastructure startup, Charzer has partnered with ADDA, a comprehensive society management system, to build EV charging infrastructure in apartment complexes and gated communities. By getting empanelled on ADDA Discover for Association Platform, in the first phase, Charzer will install smart EV charging stations across 1500 apartment complexes across India in the […]

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Okaya Launches High-Speed E-scooter ‘Faast’ at ₹89,999

Okaya Electric Vehicles, an Indian battery manufacturer based in Gurugram, launched its latest high-speed e-scooter — Okaya Faast — at the EV Expo 2021 that was recently held at India Expo Mart, Greater Noida. The new e-scooter offers a top speed of 60-70 kmph and has a range of between 150-200 km per charge depending on usage, […]

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Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu

Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […]

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FAME Scheme Phase II Supported 1.65 L EVs: Min of Heavy Ind

About 1.65 lakh electric vehicles have been supported as on November 25 this year under Phase II of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India scheme, Parliament was informed on Tuesday. The Ministry of Heavy Industries (MHI) formulated the scheme in March 2015 to promote adoption of electric/ hybrid vehicles (EVs) […]

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MyGate, REVOS Partner to Provide EV Charging Infra to RWAs

Community management app MyGate and EV infrastructure provider REVOS have partnered to provide sustainable electric vehicle charging solutions to resident welfare associations (RWAs) and gated societies. The MyGate-BOLT partnership will offer affordable and seamless charging infrastructure options to gated societies, enabling residents and associations to plan for a hassle-free and cost-effective solution. It will also […]

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