Browsing: Electric Vehicle
EV Connect and BlueSnap Partnership Delivers Advanced Payment Solutions for the EV Charging Industry
To streamline the global expansion of electric vehicle (EV) charging networks in preparation for a projected 1.5 billion charging sessions by 2026, EV Connect, a leading EV charging business platform, announced a strategic partnership with BlueSnap, the payment orchestration platform of choice for businesses around the world.
Geely Auto has officially launched its latest electric SUV, the E5, in Guiyang, China. This vehicle was developed with the global market in mind from the outset. Built on the Global Intelligent New Energy Architecture (GEA), the E5 features a minimalist design that appeals to a worldwide audience.
Yura Co., Ltd. has signed a Memorandum of Understanding (MOU) with Tata Daewoo Commercial Vehicle Co., Ltd. to introduce Yura’s advanced e-CAD system, ‘CADvizor,’ for wiring harness design.
Foxconn, the Taiwanese electronics powerhouse, is strategically advancing its global footprint by setting its sights on India for a significant new venture. Chairman Young Liu recently revealed the company’s plans to establish a Battery Energy Storage System (BESS) unit in the country, aligning with its growing focus on the electric vehicle (EV) sector.
Vuzix Corporation, a leading supplier of smart glasses and Augmented Reality (AR) technology and products, announced that its Z100 smart glasses have been selected by GPS TUNER, a leader in white label eMobility software solutions, to bundle as a heads-up AR display compliment to the apps they offer and sell to eBike global manufacturers and their end-users.
Ola Electric, the leading name in India’s electric two-wheeler market, has made a significant stride by introducing its inaugural range of electric motorcycles. Revealing the new lineup, Ola Electric CEO Bhavish Aggarwal presented three innovative models: the Roadster X, Roadster, and Roadster Pro.
Euler Motors unveiled its commercial EV manufacturing and R&D facility in the industrial hub of Palwal, Haryana. Spanning 5 lakh sq. ft., the plant has a production capacity of 36,000 vehicles annually. Built with an investment of Rs 100 crore, the factory will serve as Euler Motors’ national manufacturing hub, catering to the rising demand for its 3W HiLoad EV from across the country. as the company plans to expand its footprint from 26 to 40 cities by FY25.
EV subscription company, announces it is pivoting from vehicle subscriptions to launch a new SaaS business, Autonomy Data Services (ADS), in partnership with Deloitte. ADS has secured $2.5 million in new funding and completed a $32 million debt-for-equity swap, along with acquiring all subscription-related technology and intellectual property.
Kinetic Green, a leading Indian manufacturer of Electric Vehicles (“EV”), announced that it has secured a US$25 million investment from Greater Pacific Capital (“GPC”), a leading global private equity firm, as part of an overall targeted Series A fundraise of up to US$40 million.
Defining a new era of SUV design, Tata Motors, India’s leading automotive manufacturer, today, officially launched the Curvv.ev and showcased the Tata Curvv. Built on 5 key pillars of ‘Shaped to Stun’, ‘Shaped for Grandeur’, ‘Shaped for Performance’, ‘Shaped for Innovative Technology’ and ‘Shaped for Absolute Safety’, the Curvv marks the Company’s entry in to the highly competitive mid-size SUV segment.