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Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others

Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures.  Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […]

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Saera Electric Auto Enters into Vehicle-Financing Tie-up with AMU Leasing

Electric vehicle maker Saera Electric Auto Private Limited (SEAPL) has entered into a vehicle financing contract with non-banking financial company (NBFC), AMU Leasing Pvt. Ltd (ALPL). The agreement paves the way for the customers of SEAPL looking to buy electric vehicles to avail financing options from ALPL.  Manufacturers have been seeking tie-ups to speed up […]

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SUN Mobility, Pilipinas Shell to Bring Battery Swapping Technology to Philippines

A provider of energy infrastructure and services for electric vehicles (EVs), SUN Mobility, has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines for two and wheel-wheel electric vehicles. Philippines-based Pilipinas Shell Petroleum […]

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IREDA’s Partnership with EV Financing NBFC Mufin Green

Mufin Green Finance Ltd– has forged a partnership with Indian Renewable Energy Development Agency Limited (IREDA) with an aim to EV penetration thrive in India. IREDA is a Mini Ratna (Category – I) Government of India Enterprise under the Ministry of New and Renewable Energy (MNRE). It is engaged in promoting, developing and extending financial […]

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MUSE, KRAZE & M1KA 1.0: Launches by Omega Seiki Mobility at Auto Expo ’23

New-Delhi based electric vehicle manufacturer Omega Seiki Mobility (OSM) has expanded its electric truck and passenger vehicles offerings. At Auto Expo 2023, the firm has launched new SCV OSM M1KA 1.0, which it claims to be India’s first IOT integrated, four door with cosmic roof electric passenger vehicles ‘MUSE’ and industry first air-conditioned electric passenger vehicle […]

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The Top 5: Most Affordable Electric Cars Under 10 Lakh

The journey of electric cars from being a concept to now being on the verge of replacing conventional vehicles faced a plethora of challenges. Two of the most important challenges were range and cost which made them pale in comparison to their ICE counterparts. While the year 2022 saw the rise of electric cars, the […]

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The Top 3 States With Biggest EV Subsidies In India

India has been successful in spurring the Electric Vehicles trend in the country. While the central efforts were instrumental in this development, the contributions of various states in terms of subsidies have formed the backbone of EV adaptation as well. However, keep in mind that subsidies are unlikely to last very long, possibly not beyond […]

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Matter Energy and Luminous Power In Partnership For Energy Storage Solutions

Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […]

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