Global investment giant Macquarie Group has announced the successful fundraising of $405 million for its new electric vehicle (EV) leasing platform in India, marking a major step toward accelerating clean…
investment
Over the last five years, we have seen an unprecedented surge in electric vehicle (EV) adoption in India. With EV sales crossing the 2 million mark as of January 2025,…
In recent years, India’s startup ecosystem has surged ahead in battery technology innovation. Established players are feeling the heat as ambitious new companies are rewriting the rules. Such disruption isn’t…
According to exchange statistics, Bhavish Aggarwal, the founder of Ola, has committed or encumbered roughly 8% of his 30% shareholding. He had received the funds from Avendus Group, InCred Alternative…
In the UK, new regulations eliminate the need for planning permission for EV chargers, reducing costs and delays while supporting automakers, businesses, and public charging stations. To speed up and…
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…
India’s transport sector is undergoing a dramatic shift. New-age companies are coming forward with innovative solutions, driven by the need for electrification, green transport, smart tech, and government support. Investors…
Mahindra & Mahindra Ltd. and British International Investment Plc (BII), a division of the UK government, have changed the terms of BII’s funding tranche for Mahindra Electric Automobile Ltd (MEAL),…
Zypp Electric has invested in Odysse Electric to help in its growth throughout India. Zypp Electric has ordered 40,000 electric cars as part of this partnership, and they will be…
After reporting a 39% decline in third-quarter profits, South Korean battery manufacturer LG Energy Solution said that it had a “conservative” outlook for revenue growth in the upcoming year and…