Indian mobility giant, Mahindra Last Mile Mobility (LMM) has achieved another milestone by becoming No.1 manufacturer of electric 3-wheelers FY’23. LMM recently broke ground on a new production unit at…
PLI scheme
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…
Expressing their views on the next-generation sectors, India Energy Storage Alliance (IESA) has announced to have made a detailed representation to the Union Minister of Finance Nirmala Sitharaman with key…
In order to prevent more EV fire incidents, the Heavy Industries Ministry has brought in several new safety tests that will be mandatory for electric vehicles from 1 April 2023.…
Indian motorcycle brand, Royal Enfield Motors has decided to ramp up its electric vehicle journey by forming a new vertical for the EV business and pumping in significant investments as…
Indian EV maker Ola Electric has announced to launch its first electric car on August 15, coinciding with India’s 75th Independence Day. This day, last year, Ola Electric had launched…
Reenergizing the vehicular market of India with electrification, Ministry of Heavy Industries has recently signed PLI Scheme pacts with Ola Electric, Reliance New Energy Ltd and Rajesh Exports. The pact…
Launching local Li-ion batteries earlier this month, Ola Electric has recently signed a PLI (Production Linked Incentive) agreement with the Ministry of Heavy Industries (MHI) for indigenous EV battery cell…