In the upcoming seven to nine months, a number of well-known companies, including TVS, Yamaha, and Suzuki, will launch their electric scooters in the Indian market. In the upcoming seven…
Indian EV market
Tesla has started looking for property in India to build an electric vehicle (EV) production facility, and Maharashtra has emerged as its top pick. According to reports, Tesla has also…
Uno Minda Limited (“Uno Minda”) announced that its Board has approved to increase stake in UnoMinda EV Systems Pvt. Ltd. (“UMEV”) from 50.10% to 100% by acquiring additional equity stake…
ZELIO Ebikes has announced its official rebranding as ZELIO E Mobility Ltd. This new name signifies a bold step forward in the company’s journey, as it looks beyond its roots…
Road Transport and Highways Minister Nitin Gadkari stated in a video conference during the “8th Catalyst Conference on Sustainability of E-Vehicle Industry-Evexpo 2024” that the EV market in India is…
The 21st EV Expo 2024 commenced in New Delhi’s Pragati Maidan. The three-day gathering, which includes the 8th Catalyst Conference, convenes entrepreneurs, business executives, and policymakers to discuss the direction…
In an effort to make reasonably priced electric cars (EVs) more accessible to all Indian households, Ola Electric Mobility has announced a major expansion of its sales and servicing network.…
A group of international institutional investors, comprising BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures, has provided $2 million in pre-seed investing to ProsParity. Prominent angel investors include…
EVage Motors and DG Innovate have announced a joint venture (JV). This strategic alliance intends to strengthen EVage’s standing as a vertically integrated commercial EV firm and hasten the commercialization…
“India’s electric vehicle sector still lacks competition, but entry from international automakers like Tesla will level the playing field,” MG Motor India’s CEO Emeritus Rajeev Chaba said. “Competition is limited…