Vertelo, a new platform for end-to-end fleet electrification in India, was introduced by Macquarie Asset Management, a division of Macquarie Group, along with an announcement of a $1.5 billion investment…
electrification
Hyundai Motor Group has entered into a 174-megawatt power purchase agreement (PPA) with a solar energy project headed by Matrix Renewables of Spain. Currently under construction in Georgia, Hyundai Motor…
PURE EV, the electric two-wheeler (2W) OEM in India, has launched a strategic joint venture with Pragmatic Design Solutions Ltd (PDSL), an engineering business located in the UK. The partnership…
2023 was the year electric vehicles broke big, with major leaps making them cheaper, safer, and more sustainable. This article explores the key trends accelerating the EV revolution. Powering Last-Mile…
MAHLE Electric Drives India (MEDI) has launched a state-of-the-art Research and Development Testing Centre at its manufacturing plant in Coimbatore/Tamil Nadu. The new facility is set to make a vital…
TVS Motor Company has extended its alliance with Singapore-based tech startup Ion Mobility for its entry into the sports scooter segment in Indonesia. The entry will be via Project Dynamo,…
MAHLE has been awarded the Top Innovator Award 2023 from the European Association of Automotive Suppliers (CLEPA) for the cooling concept of MAHLE SCT (Superior Continuous Torque) electric motors. The…
Honda Motor Co has signed a memorandum of understanding (MoU) with Mitsubishi Corporation to begin discussions toward the creation of new businesses. The company aims to leverage the strengths of…
Magenta Mobility has announced its debut into the electric four-wheel commercial vehicle segment through a partnership with Tata Motors. The company signed a MoU with Tata Motors to deploy 500…
The Ministry of Heavy Industries has been discussing to increase the FAME 2 subsidy outlay for the two-wheeler segment by Rs 1500 to Rs 2000 crore to sustain the momentum…