Entrepreneur News Network

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

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

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

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

Foxconn in talks with Indian government to set up EV factory

The Taiwanese electronics giant Foxconn is reportedly in talks with the Indian government to set up an electric vehicle (EV) factory in the country. Foxconn is a major supplier to Tesla and other automakers, and its entry into the Indian EV market would be a major boost for the industry. The talks between Foxconn and … Read more

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

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

Okinawa Strengthens Its Leadership Position, Surpasses 2.5 Lakh Sales Milestone

“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

Tummoc Launches Live-Tracking Feature for DTC Buses

Transit application Tummoc announces the launch of live-tracking of DTC buses on its platform. Commuters can now track buses in real-time for better planning of their journey within the city. The application is available for both Android and iOS. Tummoc was launched in New Delhi in May 2022. So far, commuters have been able to … Read more

“EVs will become mainstream in India” says Shashank Srivastava

“EVs will become mainstream but when they will become that is unpredictable. Cost of the acquisition is one of the important factors impeding EV adoption in India, Maruti Suzuki India Limited Senior Executive Officer (Marketing & Sales), Shashank Srivastava said here today. Speaking at the second edition of ABP’s Ideas of India Summit, he said, “If … Read more

Turno strengthens commitment to India’s EV goals with key leadership

Turno, India’s leading commercial EV marketplace, has announced several key senior leadership appointments. These are aimed at expanding the company’s reach and making EV adoption more reliable, affordable, faster, and sustainable. Turno provides a one-stop solution for commercial electric vehicles, offering buying, financing, guaranteed buyback, and battery recycling. Commercial Internal Combustion Engine (ICE) vehicles account … Read more

Joy E-bike opens online booking for its New Electric Scooter MIHOS

WardWizard, one of the leading manufacturer of the electric two-wheeler brand ‘Joy e-bike’, today announced the commencement of online bookings for its new high-speed electric scooter MIHOS from January 22, 2023. Adding to the consumer’s delight, customers can book MIHOS Free of Cost from the company’s website www.joyebike.com/mihos/ as well as from the 600+ authorised showrooms across the country. The deliveries of … Read more

Greaves Cotton Showcases its EV Might at Auto Expo 2023

Greaves Cotton Limited, one of India’s leading diversified engineering companies, showcased its EV might at the ongoing Auto Expo 2023 in Greater Noida today. The Company unveiled its new, Made in India product offerings across two-wheelers and three-wheelers including the game changing e2w-Ampere Primus. Significantly, Greaves Cotton announced it will leverage its decades of engineering … Read more

goEgoNetwork launches its first Fast Charge Park in Bengaluru

goEgoNetwork – India’s leading EV charging solutions providing company has recently entered a strategic partnership with Bengaluru-based SRIT India Pvt. Ltd., formerly Sobha Renaissance Information Technology Pvt. Ltd., to set up its first fast charge park in Bengaluru at ITPL Main Road, Kundalahalli, Brooke Field, Bengaluru, Karnataka. Interestingly the development comes at a time wherein … Read more

DeepTech EV Solutions company Vecmocon raises $5.2M in Funding

DeepTech EV Solutions company Vecmocon has raised $5.2M in funding from Tiger Global, Blume Ventures and prominent strategic angels. The company is based out of Delhi and had previously raised $300k and was also incubated at IIT Delhi & ISB. Vecmocon aims to utilise this fundraise to invest into team building, business expansion, scaling up … Read more

BLive expands its footprint; inaugurates its first Multi-brand EV store in Kolkata

India’s fastest growing multi brand EV platform, BLive, opened its first EV Experience store at CIT Road, Scheme VIM, Near Phoolbagan P.S, Kolkata, West Bengal. The EV Experience store was launched in the presence of Lopa Mudra, ex Miss Kolkata and Public Figure. The store offers a wide range of products for personal mobility and EV solutions for businesses. With the … Read more

ElectricPe inks partnership with Electric One

ElectricPe, India’s most trusted EV charging platform, has partnered with Electric One, India’s Largest EV Super Stores Chain, to provide robust charging infrastructure and encourage EV adoption. Through this alliance, Electric One customers across 82 stores in India will get access to ElectricPe’s EV platform. The alliance will be executed phase by phase, starting in Bengaluru, before scaling across different regions, … Read more

Triton EV with Four Major Companies to Develop Asia’s Biggest EV Manufacturing Hub in Gujarat with an Investment of Rs 10800 Crores

In a landmark development of taking the Indian EV Journey to a global leadership position, Triton EV has signed an MoU with the Gujarat State Government for setting up the world’s iconic EV Truck Manufacturing Plant with a minimum investment commitment of Rs 10 Thousand Eight Hundred Crore over a span of 5 years. The … Read more

EV startup Simple Energy raises $21M

Simple Energy

Simple Energy, a Bengaluru-based electric car startup, announced the completion of a $21 million (Rs 155 crore) pre-series financing round on Monday. Simple Energy had hoped to secure $15 million in funding, but due to overwhelming investor demand, the company ended up raising a total of $21 million. The EV firm, which was founded in … Read more