NSE Indices launches India’s first Electric Vehicle Index

NSE’s index services subsidiary, NSE Indices Limited today launched a new thematic index – Nifty EV & New Age Automotive index. The Nifty EV & New Age Automotive index aims to track the performance of companies which form a part of the EV ecosystem or are involved in the development of new age automotive vehicles … Read more

ProsParity raises $2 Million Pre-Seed Funding Led by BEENEXT

ProsParity, a fintech platform that is reimagining the distribution of credit in the electric mobility sector, has raised $2 million pre-seed funding round from global institutional investors such as BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. Angel investors like Dr Ashish Gupta (Co-founder of Junglee & Helion Ventures), Raj Dugar (Ex-Eight Roads … Read more

Wardwizard Group Bolsters Leadership Team with New CFO and President of Operations

Wardwizard Group, a renowned name in the industry, proudly announces the appointment of new leaders for their flagship electric vehicle brand ‘Joy e-bike’, to spearhead the organization’s growth and innovation in the dynamic electric vehicle (EV) industry. Tejas A Mehta, a seasoned Chartered Accountant with over two decades of dynamic financial leadership, has taken on … Read more

One Electric becomes the First Indian EV Company to Start Production in Africa

One Electric Motorcycles today announced that the company has started manufacturing its flagship electric motorcycle “KRIDN” locally in Africa. The company has entered into a JV with a local established vehicle manufacturing entity. One Electric has provided complete components , technology and know how for the assembly of its motorcycles. Gaurav Uppal, CEO One Electric shares, “Our … Read more

Wardwizard leaps ahead in the EV Ancillary Cluster Vision with Next-Gen Cell Tech Partnership

Wardwizard Innovations and Mobility Ltd., a pioneering electric vehicle manufacturer in India under the brand ‘Joy e-bike’, has taken a progressive step in the vision of establishing its EV Ancillary Cluster by signing a long-term Original Equipment Manufacturer (OEM) agreement with A&S Power, a renowned technology provider. This strategic partnership aims to drive research, innovation, … Read more

Magenta Mobility partners with OutSystems to accelerate e-mobility innovation

Magenta Mobility, a leader in delivering e-mobility solutions in India, has announced the incorporation of the OutSystems platform to enhance the efficiency of its operations. OutSystems, renowned globally for its high-performance application development capabilities, empowers organizations with enterprise-grade tools needed to construct vital, strategic applications. This platform empowers users to create customized applications with flexibility, … Read more

Kerala’s chargeMOD Secures ₹2.5 Cr Pre-Seed Funding to Accelerate EV Charging Solutions

Kozhikode, Kerala-based chargeMOD, a provider of charging solutions for electric vehicles (EVs), has successfully secured ₹2.5 crore in a Pre-Seed Round of funding from Phoenix Angels, an angel network based in Thrissur. This announcement was made by the startup. The newly acquired funding will empower the startup to expedite the growth of its product offerings, … Read more

TIEA Connectors Secures ₹3.81 Cr Funding from TDB-DST to Commercialize Cutting-Edge Tech for EVs and Drones

The Technology Development Board (TDB), a division of the Department of Science & Technology (DST) within the Government of India, has entered into an agreement with TIEA Connectors Pvt Ltd, a hardware startup based in Bengaluru. This partnership falls under the initiative “Commercialization of Indigenous Technologies through Tech Start-ups.” TIEA Connectors, incubated at the Society … Read more

Treehouse Secures $10M to Bring EV Chargers Into Homes

Treehouse, an electrification company that delivers turnkey installations for home EV charging, today announced $10M in funding. The round is led by Montage Ventures and Trucks Venture Capital, with participation from CarMax, Assurant Ventures, Acrew Capital, Gutter Capital, Detroit Venture Partners, Holman, and Automotive Ventures. The funds will be used to expand Treehouse’s Installation-as-a-Service offering to more … Read more

Mufin Green Secures $1 Million in Funding from Shell Foundation to Expand EV Financing

Mufin Green Finance Limited, previously known as APM Finvest Ltd., a New Delhi based Non-Banking Financial Company (NBFC), has successfully raised INR 80,000,000 (approximately USD 1 million) from Shell Foundation, a UK registered charity, according to a report by Economic Times. As an NBFC, Mufin Green Finance focuses on providing Electric Vehicle (EV) loans for … Read more

TelioEV Expands EV Charging Station Listings to Over 10,000 on Discovery App

TelioEV, a leading EV Charging Management Solutions provider in India, has achieved a remarkable milestone by listing over 10,000 EV charging stations on its Discovery App within just twelve months of its launch. These strategically located charging stations span across 27 states, encompassing major cities, towns, and highways. Among the top three states with the … Read more

MG Motor and IONAGE Join Forces to Accelerate India’s EV Transition

MG Motor India, a renowned British automobile brand with a rich 99-year legacy, has joined hands with IONAGE, a prominent eMobility Service Provider, to enhance destination charging infrastructure throughout India, promoting intercity travel via electric vehicles (EVs). The partnership was officially launched with the inauguration of 10 destination charging stations across Lucknow, Trivandrum, and Cochin, … Read more

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

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

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

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

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

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

Wardwizard Electric Two-Wheeler Sales Rise 19% in June

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