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iGowise Mobility’s Holistic M-PaaS Platform Empowers Emerging EV Startups to Accelerate Growth

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iGowise Mobility (iGo), a prominent deep-tech smart-mobility startup headquartered in Bengaluru, has unveiled a groundbreaking initiative aimed at revolutionizing the electric vehicle (EV) industry by offering a comprehensive and holistic solution for OEM enablement. With a steadfast commitment to smart mobility research and development over the past decade, iGo has consolidated its innovative technologies into … Read more

GreenCell Mobility and REC Sign INR 3,000 Crore MOU for Sustainable Transportation in India

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Mumbai-based GreenCell Mobility, a prominent pan-India shared electric mobility player, has entered into a Memorandum of Understanding (MoU) with REC, a government of India Public-sector enterprise, for a substantial commitment of INR 3,000 crore to promote sustainable transportation in the country. The INR 3,000 crore MOU, inked with REC, is dedicated to financing over 3,000 … Read more

Erisha E Mobility and Lakshmi India Finance Collaborate to Make EVs More Affordable

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Erisha E Mobility, a leading electric vehicle manufacturer, and Lakshmi India Finance have recently inked a Memorandum of Understanding (MoU) agreement to facilitate EV financing. The collaboration’s primary objective is to offer convenient loan facilities to potential customers in Rajasthan, Madhya Pradesh, and Gujarat who are keen on purchasing electric three-wheelers manufactured by Erisha E … Read more

EV Social Commerce Platform EVINDIA Raises Funding to Expand Reach

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EvolveX accelerator, a startup accelerator led by the esteemed We Founder Circle (WFC), a global community of successful founders and strategic angels, has recently disclosed its investment in a Pre-Seed round of EVINDIA. EVINDIA is a groundbreaking influencer-driven social commerce platform catering to EV two-wheeler buyers. Having emerged as a standout startup from EvolveX’s Cohort … Read more

Okinawa Autotech Launches Advanced Version of Flagship Model ‘OKHI-90’ with Upgraded Features

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Okinawa Autotech, India’s top electric two-wheeler manufacturer, has introduced the all-new and advanced version of its flagship model, the ‘OKHI-90’. This upgraded model complies with AIS-156 Amendment 3 regulations and features a state-of-the-art battery pack, next-gen motor, and enhanced technology. In line with Okinawa Autotech’s strategic collaboration with JV partner Tacita (Italy), the company is … Read more

Neuron Energy Secures INR 200 Mn Funding

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Neuron Energy, a leading EV smart battery manufacturer, has successfully raised INR 200 million in their Pre-Series A Round. Equanimity Investments and the Rajiv Dadlani Group led the investment, with participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with reputed Family Offices and HNI investors. This funding milestone signifies the growth of … Read more

Fortum Charge & Drive India Rebrands as GLIDA, Aims to Accelerate India’s EV Transition

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Fortum Charge & Drive India, a leading charge point operator in India, unveiled its new brand identity – ‘GLIDA’, signifying its unwavering commitment to delivering seamless and reliable electric mobility experiences for its valued customers. With a renewed vision and a strengthened commitment to sustainable mobility, GLIDA is poised to shape the future of e-mobility … Read more

Serentica Renewables Announces Groundbreaking Energy Storage Contract with Greenko

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Serentica

Serentica Renewables, a leading C&I focused renewable energy developer in India, announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy … Read more

Wardwizard Electric Two-Wheeler Sales Rise 19% in June

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Wardwizard Innovations & Mobility Ltd., India’s leading manufacturer of electric vehicles under the brand name “Joy e-bike’, has clocked a growth of 19% in June’23 over the last year. The company sold 2,529 units of low-speed and high-speed electric two-wheelers in June’23 as compared to last year where company sold 2,125 units in June’22. The company … Read more

Tata Group Signs $1.6 billion deal for EV battery plant in Gujarat

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India’s Tata Group has reached a preliminary agreement to construct a lithium-ion cell factory in Gujarat, India, as part of its commitment to bolster the electric vehicle (EV) supply chain and reduce reliance on battery imports. With an investment of around 130 billion rupees ($1.58 billion), this initiative aligns with India’s target of achieving 100% … Read more

Tata Power aims for 25,000 EV charging stations by 2028

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Tata Power, a prominent integrated power company in India, is set to significantly expand its EV charging infrastructure across the country. With the growing popularity of electric vehicles, the company aims to surpass 25,000 charging points within the next five years. This commitment reaffirms Tata Power’s previously announced strategy for network growth, which was showcased … Read more

Musashi Seimitsu Industries to Invest 70 Crore in India’s E-Mobility Sector

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Musashi India, a wholly owned subsidiary of Musashi Seimitsu Industries in Japan and a prominent manufacturer of transmission components for two-wheelers and four-wheelers in India, has unveiled its entry into the Indian market’s E-mobility sector. Leveraging its robust design and engineering capabilities, Musashi aims to produce a new line of electric vehicle (EV) units that … Read more

Revolv Raises $15 Million to Support Growing Demand for Decarbonized Commercial Fleets

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Revolv, a full-service provider of electric medium-to-heavy commercial fleets, today announced it has closed a $15 million Series A funding round led by an affiliated fund of Greenbacker Capital Management LLC (“Greenbacker”), which provides growth capital and best-in-class guidance for growth-stage clean energy companies. With the investment, Revolv will expand its operations across North America to support the growing demand for … Read more

NTPC Renewable Energy Ltd. Signs MoU with Indian Army for the implementation of Green Hydrogen Projects in Army Establishments

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NTPC REL has signed an MoU with INDIAN ARMY for setting up Green Hydrogen Projects in its establishments on Build, Own and Operate (BOO) model. The intent is to reduce complex logistics, dependence on fossil fuels and to accelerate decarbonisation. The MoU was signed by Shri Mohit Bhargava, CEO (NTPC REL) and Lt. General Rajinder … Read more

Okinawa Strengthens Its Leadership Position, Surpasses 2.5 Lakh Sales Milestone

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“We are truly overwhelmed and would like to thank our customers & other stakeholders for believing in us and firming Okinawa’s position in the market as a leading electric two-wheeler brand in the country. The 2.5 lakh milestone is a strong testament to the quality of our robust product portfolio and a representation of our … Read more