Folks Motor, a prominent player in the xEV (retrofit) industry, a leading Indian automotive company, has launched “Folks Funds,” an Alternative Investment Fund (AIF) Category II, with an initial corpus…
domestic manufacturing
The Union Minister for Heavy Industries and Steel, HD Kumaraswamy, stated that the government is dedicated to developing India’s EV ecosystem, supporting manufacturing, and encouraging sustainable growth. The Prime Minister’s…
Working on the path of making Indian self-reliant, the Ministry of Heavy Industries has decided to move a proposal for a ₹3,000 crore-production linked incentive (PLI) scheme to develop and…
Electric mobility start-up, Motovolt Mobility has received Rs 16 crore in a pre-series A round. Strategic investors like PPAP Automotive, Vikrampati Singhania of JK Family, Ankur Agarwal of Crystal Crop,…