Global development institution, IFC has announced to invest Rs 600 crore in a new last-mile mobility (LMM) company, a wholly-owned subsidiary of Mahindra & Mahindra that will be newly incorporated…
EV penetration
Smart electric mobility manufacturing startup, DAO EVTech has proposed an investment of Rs 100 crore in Tamil Nadu. Michael Liu, Chairman and CEO of DAO EVTech, stated that the “Tamil…
Murugappa Group’s EV arm, TI Clean Mobility Private has announced to fundraise Rs 3,000 crores. The company has signed definitive documents with TII, Multiples Private Equity Fund III, State Bank…
Taking the initiative to go green, Indian Hotels Company Ltd (IHCL) has recently launched 224 electric vehicles (EV) charging points at 92 of its properties. The initiative is in line…
Working towards achieving its goal to reach zero carbon emissions, New Delhi based Maruti Suzuki has announced to launch strong hybrid tech in the next 5-7 years. Maruti Suzuki is…