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Amazon India Adds Gentari Mobility As Partner For 10,000 EV Plan For 2025

Amazon India today said that it has roped in electric mobility firm Gentari Mobility for its EV deployment program. Amazon India has an ongoing target of a 10,000 electric vehicles fleet for last-mile deliveries by 2025, where it has already made steady progress with other partners.  Under the latest collaboration, Gentari Green Mobility Business plans […]

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Kinetic Green Raises US$25 Mn From Greater Pacific Capital

Kinetic Green, an Electric Vehicle (EV) manufacturer secured a US$25 million investment from Greater Pacific Capital (GPC), a global private equity firm. This investment is part of an overall targeted Series A fundraising of up to US$40 million. GPC’s investment in Kinetic Green is through a combination of instruments including common equity shares, convertible preference […]

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Neuron Energy Secures Rs. 20 Cr In Series A Funding

Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […]

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Lectrix EV Partners With Electric One Energy To Boost E-Mobility

Lectrix EV, the electric mobility arm of SAR Group has announced its collaboration with Electric One Energy Pvt. Ltd., an EV superstore chain. The partnership is likely to broaden the former’s EV’s market presence. The collaboration will make Lectrix EV more accessible to Indian and global consumers, looking forward to buying affordable, accessible, and high-quality […]

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Amara Raja, Ather Plan Li-Ion Gigafactory At Telangana

Ather Energy has established two manufacturing facilities in Hosur, Tamil Nadu: one for battery production and another for vehicle assembly. Recently, the company announced plans to build a new plant in Maharashtra and has now decided to collaborate with Amara Raja Advanced Cell Technologies to set up a facility in Telangana. This new facility will […]

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Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr

In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […]

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Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report

Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […]

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The Top 5: Electric Motorcycles to Buy in India Under Rs 1.5 Lakh

India is poised to become the largest EV market by 2030, with a total investment opportunity of over USD 200 billion over the next 8-10 years. The country is the world’s largest manufacturer of electric 2-wheelers (e2w) and electric 3-wheelers (e3w). Being the largest manufacturer, especially in the e2w category, fits the Indian scenario well […]

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Govt Proposes Timelines For Activating EV Charging Connections

The Ministry of Power has now issued a new draft notification to expedite the growth of installation of electric vehicle charging stations. The ministry has also specified a minimum time period for the electricity distribution companies (discoms) to supply electricity connections to the EV charging points/stations which goes to as low as three days for […]

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