Connected vehicle platform company Sibros raises $70 Million in Series B
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
Bengaluru based Ola Electric announced that it has raised over $200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss
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Hyderabad signs letter of intent to host ABB FIA Formula E World Championship
Following the signing of a Letter Of Intent (LOI) between the Telangana State and Formula E, India has moved one
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Mahindra Group and Hero Electric join hands to manufacture electric 2Ws NYX and Optima
Mahindra & Mahindra and Hero Electric announced a strategic partnership in Electric Mobility to cater to the growing demand for
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The revised guidelines and standards for charging infrastructure for EVs – issued by MoP
The Union Ministry of Power issued revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EVs) on 14th
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Epsilon ties up with Finnish company Grafintec to establish anode material production facility in Vaasa
Finnish company Grafintec Oy and Indian company Epsilon Advanced Materials have made a plot reservation and signed a MoU with
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EVage raises USD 28 million seed round from US-based RedBlue Capital
US-based venture capital firm RedBlue Capital has invested USD 28 million in EVage – an electric commercial vehicle OEM in
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The ePlane Company raises $5M in Pre-Series A | Aims to build a flying taxi
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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Omega Seiki Mobility ties up with Jae Sung Tech to manufacture EV Powertrains in India
Omega Seiki Mobility (OSM) and Korean EV powertrain company JAE SUNG Tech Co., LTD will be forming a new Joint
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StoreDot raises upto $80 million Series D to manufacture extreme fast charge battery cells
StoreDot – an Israel based battery company focussed on extreme fast charging (XFC) battery technology for electric vehicles, has announced the
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Revamp Moto raises INR 1 Cr at Shark Tank India
Nashik based Revamp Moto presented its Modular Utility Electric Vehicles the Revamp Mitra and the RM25 on Shark Tank India
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GODI manufactures the first batch of Li-ion battery cells at Hyderabad facility
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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Reliance to acquire British Sodium-ion battery company Faradion for £100 million
Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd has signed definitive agreements to acquire
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Dalmia Cement Bharat commissions IPLTech Electric to provide 22 electric trucks
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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Bajaj to invest INR 300 crores for EV unit in Pune with 500,000 annual production capacity
Bajaj Auto Ltd has announced an investment of INR 300 crore (USD 40 million) in a unit at Akurdi (Pune)
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Amara Raja Batteries to invest in Solvakia-based EV battery developer InoBat
Tirupati based battery major Amara Raja Batteries Limited has announced plans to invest in InoBat Auto (InoBat), a European technology
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Hero Lectro launches F2i and F3i Electric mountain bikes at INR 39,999 and INR 40,999
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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Ultraviolette Raises Series C Investment from TVS Motors and Zoho
Bengaluru based Electric motorcycle maker Ultraviolette Automotive has raised a new round of capital in its Series C funding, led
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ePropelled raises $15 Million Series A for its EV propulsion technology
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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Magenta acquires majority stake in EV charger and component manufacturer Axiom
Electric vehicle charging solutions company Magenta has made an investment into EV component manufacturer Axiom Energy Conversion Limited, acquiring a
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Parliament committee on electric mobility in India – progress report and recommendations
A parliament standing committee presented its report on Electric & Hybrid Mobility – Prospects and Challenges in Automobile Industry –
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Bounce Infinity E1 to start deliveries from March 2022 | Batteries can be availed on subscription
Bounce launched its electric scooter Bounce Infinity E1 on Dec 2nd, 2021. The scooter can be booked from company website
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FAME 2 progress report shared by Ministry | 1.65 lakh EVs supported till date
In a written reply by the Minister of State for Heavy Industries (MHI), Krishan Pal Gurjar in Lok Sabha on
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Multiple EV companies plan manufacturing units and investments in Tamil Nadu
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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Euler Motors raises additional $10 Million led by QRG Holdings and Investments
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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Ramkrishna Forgings and ePropelled tie up to manufacture eAxles for light EVs
Kolkata based automotive supplier Ramkrishna Forgings Limited (RKFL) and Massachusetts based technology company ePropelled have joined hands to develop eAxle
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Omega Seiki Mobility introduces e-3Ws with 35 min charge time in association with Log9 Materials
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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BYD launches India’s first premium electric MPV e6 for B2B Segment starting at INR 29.15 lakhs
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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Honda to start battery swapping services for electric 3Ws in India in the first half of 2022
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 launches HiLoad EV for 3W cargo at Rs. 3,49,999. Claims several industry-first features
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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Tata Motors to raise $1 BN for passenger EV business from TPG Rise Climate
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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iCreate aims to deliver 25% increase in EV efficiency through its incubation program
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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bp leads $25m Series A round in EV ride hailing start-up BluSmart
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 startups feel left out of PLI scheme for auto and auto components
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 releases new EV propulsion system that claims to increase power efficiency by min 15%
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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