Battery tech startup Clean Electric raises $2.2 million in seed round led by Kalaari Capital
Clean Electric, an energy storage solutions start-up, has raised $2.2M in a seed round led by Kalaari Capital, an early-stage
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Start-up watch
eBikeGo subsidiary Vajram Electric raises $1.5 million in seed funding
Vajram Electric, a 100% owned subsidiary of eBikeGo, has raised $1.5 million in a seed funding round led by Nikul
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Chargeup raises $7 million in Pre-Series A1 led by Capital-A and Anicut Capital
Chargeup has raised $7 million in a Pre-Series A1 round. It was led by Capital-A and Anicut Capital, along with
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Mumbai based PMV Electric unveils the flagship microcar EaS-E starting at INR 4.79 Lacs
Mumbai-based EV startup PMV Electric unveiled its first flagship microcar called EaS-E: Your Everyday Car. This electric microcar has been
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Yulu gets a loan confirmation of USD 9 million from US International Finance Corporation
Yulu, India’s shared electric Mobility-as-a-Service (MaaS) player, received a loan confirmation of $9 Mn (Rs 73 Cr) by the U.S.
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Weber Drivetrain launches manufacturing facility for BLDC Hub motors and controllers with INR 35 crore investment
Pune-based EV startup Weber Drivetrain has launched its automated manufacturing facility in Chakan MIDC, Pune, Maharashtra. The manufacturing plant will
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EV-based delivery solutions company MoEVing raises $2.5 Million from JSW Ventures
MoEVing, a commercial electric mobility platform, has raised $2.5 million from JSW Ventures (a part of the US$22 billion JSW Group) in
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Naxatra Labs launches Axial Flux motors for EVs | Benefits of Axial Flux motors over Radial Flux
Ahmedabad-based Naxatra Labs has recently announced the launch of their Axial flux powertrain for Electric Vehicles. The start-up is working
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Magnet free motors for electric vehicles | Chara Technologies
Bangalore-based startup Chara technologies is developing rare-earth free motors for electric vehicles and other applications. We got in touch with
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Vecmocon Technologies raises $5.2 million led by Tiger Global, Blume Ventures
Electric vehicle startup Vecmocon Technologies has raised $5.2 million in Pre Series A from Tiger Global, Blume Ventures and other angel investors.
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Euler Motors raises USD 60 million in series-C funding led by GIC Singapore
Delhi-headquartered EV company Euler Motors has raised USD 60 million in its series C fundraise, led by GIC Singapore. GIC
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Motor controller supplier C-Electric raises an undisclosed amount at a valuation of USD 4 million
C-Electric, Kochi based customized motor controller supplier for 2W/3W electric powertrains, has raised an undisclosed sum at a valuation of
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Turno claims to help reduce the cost of commercial EV ownership by 25-30%
Turno helped sell 100 L5 commercial EVs in July 2022. The Bangalore-based start-up has been operating in the commercial segment since
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EV Powertrain startup ‘Abhinava Rizel’ secures investment up to US$ 25M from MM Forgings
Chennai-based Abhinava Rizel Private Limited has secured an investment from MM Forgings Limited (MMF) for an 88% equity stake on a
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Cygni Energy raises INR 100 crores in Series B investment
Hyderabad-based energy storage company Cygni Energy has raised funds of USD $12.5 Million (Rs 100 Crores) through a combination of
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ACE to introduce Advanced LFP cell Technology with 200 Wh/kg energy density – Tim Poor
Florida headquartered Advanced Cell Engineering (ACE) develops advanced lithium-ion battery cell technologies for the electric vehicle industry. The company claims that its
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E-2Wheeler start-up River raises 11M USD in Series A
River, a Bangalore-based startup that builds electric two-wheelers, has announced an $11 million Series A fundraise led by Chris Sacca’s
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How does 3eco Systems operate its 400+ EV fleet to provide hyper-local services in India
3eco Systems Pvt Ltd (3eco) operates a dedicated 3-wheeler EV fleet serving enterprise customers and consumers. We got in touch
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Urban mining startup Metastable Materials raises pre-seed round led by founders of Log9 Materials
Bengaluru-based urban mining startup Metastable Materials has raised an undisclosed amount of pre-seed funding from a clutch of angel investors
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Commercial EV startup Turno comes out of stealth mode; raises USD 3.1 million
Bengaluru-based start-up Turno which has been operating in the commercial EV segment since April 2022 has announced that it has
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Statiq raises USD 25.7M in Series A funding round led by Shell Ventures
Electric vehicle charging network startup Statiq has raised USD 25.7 million from Shell Ventures, the investment wing of Shell. The company
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ABB acquires a controlling stake in Bangalore based Numocity
ABB announced that its E-mobility division has agreed to acquire a controlling stake in Numocity, a digital platform for electric
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Ather Energy raises $128mn in Series E round led by NIIF and Hero MotoCorp
Ather Energy, one of India’s leading electric two-wheeler company, today announced completion of its Series E round of funding with
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CHARGE+ZONE is powering 500+ e-buses across key cities in India – Kartikey Hariyani
In a recent chat with team EVreporter, Kartikey Hariyani, Founder & CEO at CHARGE+ZONE, shared about their e-bus charging operations.
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BRIGHTBLU raises USD 1.6M from Dutch clean energy conglomerate Koolen Industries
BRIGHTBLU, an electric vehicle charging solutions company, has received a USD 1.6 million investment from a Dutch clean energy conglomerate
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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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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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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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IGT delivers lightweight swappable battery packs through its association with Murata
Gurgaon based IndiGrid Technology (IGT) has been providing swappable NCA batteries for use in electric 2W and 3Ws for over
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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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Start-up incubated at IIT Madras is developing a two-seater electric air taxi
The ePlane Co – a start-up incubated at IIT Madras is developing an electric flying taxi for the urban commute.
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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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Battery swapping becomes viable at a scale of 10 vehicles, each travelling 60+ km a day: Ashwin Shankar
Ashwin Shankar, CEO – BatteryPool, discusses the basics of electric vehicle battery swapping systems, the economic incentive for fleets to
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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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