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EV News

EV News 

Connected vehicle platform company Sibros raises $70 Million in Series B

January 26, 2022March 15, 2022Connected Vehicle Ecosystem 2 min read

California based connected vehicle platform company Sibros announced its $70 million Series B funding round led by venture capital firm

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EV News 

Ola Electric is now valued at $5 billion, raises another $200 million

January 24, 2022March 15, 2022Electric 2W 1 min read

Bengaluru based Ola Electric announced that it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss

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EV News 

Hyderabad signs letter of intent to host ABB FIA Formula E World Championship

January 21, 2022March 15, 2022electric street racing 2 min read

Following the signing of a Letter Of Intent (LOI) between the Telangana State and Formula E, India has moved one

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Electric Two-wheelers EV News 

Mahindra Group and Hero Electric join hands to manufacture electric 2Ws NYX and Optima

January 19, 2022March 15, 2022Electric two-wheelers 2 min read

Mahindra & Mahindra and Hero Electric announced a strategic partnership in Electric Mobility to cater to the growing demand for

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Charging Stations
EV News Featured Policies 

The revised guidelines and standards for charging infrastructure for EVs – issued by MoP

January 18, 2022January 18, 2022charging guidelines, EV Charging India, EV Policy 2022 5 min read

The Union Ministry of Power issued revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EVs) on 14th

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EV News 

Epsilon ties up with Finnish company Grafintec to establish anode material production facility in Vaasa

January 18, 2022March 15, 2022Anode Materials, EV battery, Lithium-ion batteries 3 min read

Finnish company Grafintec Oy and Indian company Epsilon Advanced Materials have made a plot reservation and signed a MoU with

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EV News Start-up watch 

EVage raises USD 28 million seed round from US-based RedBlue Capital

January 14, 2022March 15, 2022commercial vehicles, fleet operations 3 min read

US-based venture capital firm RedBlue Capital has invested USD 28 million in EVage – an electric commercial vehicle OEM in

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EV News Featured Start-up watch 

The ePlane Company raises $5M in Pre-Series A | Aims to build a flying taxi

January 11, 2022January 11, 2022Electric Taxi 1 min read

Chennai based The ePlane Company, started at IIT Madras in April 2017 by Professor Satya Chakravarthy and Pranjal Mehta announced their

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EV News 

Omega Seiki Mobility ties up with Jae Sung Tech to manufacture EV Powertrains in India

January 8, 2022March 15, 2022electric 3W, powertrain 1 min read

Omega Seiki Mobility (OSM) and Korean EV powertrain company JAE SUNG Tech Co., LTD will be forming a new Joint

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EV News Featured 

StoreDot raises upto $80 million Series D to manufacture extreme fast charge battery cells

January 5, 2022February 5, 2022EV battery, Li-ion batteries 2 min read

StoreDot – an Israel based battery company focussed on extreme fast charging (XFC) battery technology for electric vehicles, has announced the

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EV News Start-up watch 

Revamp Moto raises INR 1 Cr at Shark Tank India

January 5, 2022March 15, 2022Electric two-wheelers 2 min read

Nashik based Revamp Moto presented its Modular Utility Electric Vehicles the Revamp Mitra and the RM25 on Shark Tank India

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EV News 

GODI manufactures the first batch of Li-ion battery cells at Hyderabad facility

January 2, 2022March 15, 2022Lithium-ion batteries 1 min read

India battery cell maker GODI announced it has produced its first batch of commercial-grade NMC 21700 lithium-ion cells at its

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EV News 

Reliance to acquire British Sodium-ion battery company Faradion for £100 million

December 31, 2021January 8, 2022Sodium-ion batteries 2 min read

Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd has signed definitive agreements to acquire

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EV News 

Dalmia Cement Bharat commissions IPLTech Electric to provide 22 electric trucks

December 30, 2021January 8, 2022electric trucks 1 min read

Dalmia Cement (Bharat) Limited (DCBL), an Indian cement major and a subsidiary of Dalmia Bharat Limited announced the launch of its e-Truck initiative

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EV News 

Bajaj to invest INR 300 crores for EV unit in Pune with 500,000 annual production capacity

December 30, 2021January 8, 2022Electric two-wheelers 1 min read

Bajaj Auto Ltd has announced an investment of INR 300 crore (USD 40 million) in a unit at Akurdi (Pune)

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EV News 

Amara Raja Batteries to invest in Solvakia-based EV battery developer InoBat

December 29, 2021January 8, 2022EV battery 2 min read

Tirupati based battery major Amara Raja Batteries Limited has announced plans to invest in InoBat Auto (InoBat), a European technology

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EV News 

Hero Lectro launches F2i and F3i Electric mountain bikes at INR 39,999 and INR 40,999

December 28, 2021January 8, 2022electric bicycles 1 min read

Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has launched new Electric-MTBs – F2i and F3i at a price

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EV News Start-up watch 

Ultraviolette Raises Series C Investment from TVS Motors and Zoho

December 13, 2021January 8, 2022Electric Motorcycles, Electric two-wheelers 2 min read

Bengaluru based Electric motorcycle maker Ultraviolette Automotive has raised a new round of capital in its Series C funding, led

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EV News 

ePropelled raises $15 Million Series A for its EV propulsion technology

December 8, 2021January 8, 2022powertrain 1 min read

Massachusetts-based technology company, ePropelled, announced the closing of the final tranche of a $15 million Series A round from strategic

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EV News 

Magenta acquires majority stake in EV charger and component manufacturer Axiom

December 8, 2021January 8, 2022 1 min read

Electric vehicle charging solutions company Magenta has made an investment into EV component manufacturer Axiom Energy Conversion Limited, acquiring a

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EV News 

Parliament committee on electric mobility in India – progress report and recommendations

December 8, 2021January 8, 2022 6 min read

A parliament standing committee presented its report on Electric & Hybrid Mobility – Prospects and Challenges in Automobile Industry –

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Electric Two-wheelers EV News 

Bounce Infinity E1 to start deliveries from March 2022 | Batteries can be availed on subscription

December 3, 2021January 8, 2022Electric Scooters, Electric two-wheelers 2 min read

Bounce launched its electric scooter Bounce Infinity E1 on Dec 2nd, 2021. The scooter can be booked from company website

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EV News 

FAME 2 progress report shared by Ministry | 1.65 lakh EVs supported till date

November 30, 2021January 8, 2022 2 min read

In a written reply by the Minister of State for Heavy Industries (MHI), Krishan Pal Gurjar in Lok Sabha on

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EV News 

Multiple EV companies plan manufacturing units and investments in Tamil Nadu

November 28, 2021March 15, 2022 3 min read

On 23 November 2021, the Tamil Nadu government signed MoUs with 59 companies in different sectors during the Investors Conclave organised

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EV News Start-up watch 

Euler Motors raises additional $10 Million led by QRG Holdings and Investments

November 22, 2021December 13, 2021electric 3W, fleet operations 1 min read

Delhi based Euler Motors, an EV start-up focused on electric commercial vehicles, has raised an additional $10 Million led by

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EV News 

Ramkrishna Forgings and ePropelled tie up to manufacture eAxles for light EVs

November 17, 2021December 13, 2021powertrain 3 min read

Kolkata based automotive supplier Ramkrishna Forgings Limited (RKFL) and Massachusetts based technology company ePropelled have joined hands to develop eAxle

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EV News 

Omega Seiki Mobility introduces e-3Ws with 35 min charge time in association with Log9 Materials

November 11, 2021December 13, 2021electric 3W, fleet operations 4 min read

Omega Seiki Mobility, in partnership with battery-tech startup Log 9 Materials has introduced electric 3-Wheeler Rage+ Rapid EV that claims to be India’s fastest charging electric

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EV News 

BYD launches India’s first premium electric MPV e6 for B2B Segment starting at INR 29.15 lakhs

November 2, 2021December 13, 2021Electric cars, fleet operations 2 min read

BYD India has launched the All-New e6, which will be available for the Indian B2B segment. The EV would be

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EV News 

Honda to start battery swapping services for electric 3Ws in India in the first half of 2022

October 29, 2021December 13, 2021battery swapping, electric 3W 2 min read

Honda Motor Co. has announced plans to begin a battery sharing service for electric 3Ws in India, in the first

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Euler Motors Hi Load
EV News Start-up watch 

Euler Motors launches HiLoad EV for 3W cargo at Rs. 3,49,999. Claims several industry-first features

October 28, 2021December 13, 2021electric 3W, fleet operations 3 min read

Euler Motors has launched its first cargo three-wheeler, HiLoad EV. The EV claims to have the highest battery capacity, highest

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EV News 

Tata Motors to raise $1 BN for passenger EV business from TPG Rise Climate

October 13, 2021December 13, 2021 1 min read

TPG Rise Climate (along with its co-investor ADQ), shall invest in a subsidiary of Tata Motors that will be newly

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EV News 

iCreate aims to deliver 25% increase in EV efficiency through its incubation program

October 7, 2021December 13, 2021 9 min read

According to an independent study by CEEW Centre for Energy Finance, the EV market in India will be a US$206

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blusmart
EV News Start-up watch 

bp leads $25m Series A round in EV ride hailing start-up BluSmart

September 30, 2021December 13, 2021fleet operations 1 min read

 It is bp venture’s first direct investment in India and tenth in the mobility space  The investment will help BluSmart

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EV News 

EV startups feel left out of PLI scheme for auto and auto components

September 28, 2021March 15, 2022 5 min read

The government has approved the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Components Industry in India for

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epropelled
EV News 

ePropelled releases new EV propulsion system that claims to increase power efficiency by min 15%

September 23, 2021October 20, 2021powertrain, powertraintech 3 min read

The Massachusetts-based technology company ePropelled announced the release of a new electric vehicle (EV) propulsion system that increases the Power

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