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, 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 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 (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, 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, 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 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
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, 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
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, 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
“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
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 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, 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
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
