JBM Ecolife Secures $100 Million IFC Investment

JBM Ecolife Mobility, a subsidiary of JBM Auto Ltd, has secured a USD 100 million long-term capital investment from the International Finance Corporation (IFC) to significantly expand its electric bus...

India’s E-Bus Revolution Secures $137 Million IFC Backing

India’s electric public transport ecosystem has received a significant boost as the International Finance Corporation (IFC) announced a $137 million investment aimed at accelerating the deployment of electric buses and...

SnapE Cabs Raises $2.5M for EV Expansion

Electric mobility company SnapE Cabs has raised $2.5 million in a bridge round led by Inflection Point Ventures (IPV), one of India’s largest angel investing platforms. The fresh funds will...

Eicher Delivers Electric Tarmac Buses to IndiGo Bengaluru

Eicher Trucks and Buses, a division of VE Commercial Vehicles (VECV), has delivered six fully built Eicher Skyline Pro-E 12m electric tarmac buses to IndiGo at Kempegowda International Airport. The...

ASDC, FADA, Prayaas Unite to Transform Automotive Skills

The Automotive Skills Development Council (ASDC), the Federation of Automobile Dealers Associations (FADA Academy), and Prayaas Trust have signed a tripartite Memorandum of Understanding (MoU) to create a scalable, industry-aligned...

VECV Extends Full GST Reduction Benefit to Customers

VE Commercial Vehicles (VECV) has announced that it will extend the complete benefit of the revised GST rates on its trucks and buses to customers, starting September 22, 2025. The...

SAVWIPL Welcomes GST Reform, Driving Affordability and Aspiration

Škoda Auto Volkswagen India Private Limited (SAVWIPL), which represents six iconic automotive brands in the country — Škoda, Volkswagen, Audi, Porsche, Lamborghini, and Bentley — has welcomed the Government of...

Odisha Unveils EV Policy 2025 with Major Incentives

The Odisha government has launched its Electric Vehicle (EV) Policy 2025, aiming to position the state as a leader in sustainable transportation and accelerate the adoption of clean mobility solutions...

BYD Senior Management Set to Visit India Soon

BYD Co., the Chinese electric vehicle (EV) and battery manufacturer, is set to intensify its operations in India following a significant thaw in diplomatic relations between China and India. After...

Mercedes EQS Sets Record with 749-Mile Range

Mercedes-Benz has achieved a breakthrough in electric vehicle (EV) technology, with a prototype EQS sedan equipped with a solid-state battery travelling 749 miles (1,205 kilometres) on a single charge from...