Browsing: Featured
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.
Ather Energy, a prominent name in the Indian electric two-wheeler industry, has successfully raised $71 million (INR 600 crore) from its long-time investor, the National Investment and Infrastructure Fund (NIIF). This investment values the company at $1.3 billion.
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.
Royal Enfield is all set to launch an updated version of its Classic 350 for the Indian market, bringing a significant refresh to the popular model since its last major update in 2021.
The International Centre for Genetic Engineering and Biotechnology (ICGEB) celebrated World Biofuel Day with a special event aimed at showcasing the advancements in biofuels and carbon capture technologies today at its New Delhi campus.
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.
Autel, the top provider of EV charging solutions, and Emobi, a leader in EV charging ecosystems, have strengthened their partnership to further accelerate Plug & Charge implementation in North America since their roaming collaboration began in August 2023. This continuous joint effort aims to enhance the EV charging experience by offering electric vehicle owners unmatched practicality, convenience, and simplicity in their charging process.
Ideal Power Inc., pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN bidirectional semiconductor power switch, today announces the Company is collaborating with a third global automaker.
Exicom Tele-systems Limited, India’s largest Electric Vehicle charger manufacturer, announced that its subsidiary Exicom Power Solutions B.V. Netherlands and other step down subsidiaries, have entered into a definitive agreement under which it will acquire business and assets of Tritium group of companies, a distinguished global leader in DC Fast Chargers, headquartered in Australia.