EV Adoption in India

Lohum & ACKO Forge Partnership to Recycle & Reuse Batteries to Aid EV Adoption

Lohum, a producer of sustainable energy transition materials,  and ACKO, a tech-first insurer, have joined hands in partnership to recycle and reuse batteries that will lead to faster adoption of electric vehicles in India. As per the firms, this is the first time for an association for EV battery insurance in the country to include […]

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In Last 1530 Days, Revfin Financed 11 Electric Vehicles Daily

EV finance firm Revfin says that it has financed over 17,118 electric vehicles in the last 51 months. This means,  in the last 1530 days Revfin financed 11 electric vehicles everyday. These vehicles are plying in over 200 cities across 16 states of India. The firm has already contributed to reduction of 30486 metric ton […]

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EV Maker Wardwizard Operationalises Lithium-ion Battery Unit in Vadodara

Electric vehicle manufacturer Wardwizard Innovations and Mobility has announced that it has begun the operations of its lithium-ion battery assembly facility at Vadodara in Gujarat. The assembly line has been in-built by the company at its EV ancillary cluster and has an annual production capacity of 1 GWh. Wardwizard had announced about the company’s plan […]

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Three Wheels To Buy 3300 Electric 3-Wheelers From Piaggio Vehicles

Bengaluru based EV financing fintech – Three Wheels United (TWU) – has signed an MoU with Piaggio Vehicles (PVPL) for the procurement of 3300 electric 3-wheelers to be deployed over the next 18 months across Delhi NCR, Uttar Pradesh, Karnataka, Kerala, Telangana, Maharashtra and Andhra Pradesh. The official statement of Three Wheels United held that […]

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Tata Motors to Deliver 5000 Electric Sedan Cars XPRES-T EVs to Everest Fleet

Tata Motors has announced the signing of an MoU with Everest Fleet Private Limited, an operator of shared mobility space in India. Under the agreement, the auto czar will deliver 5000 XPRES-T electric vehicles keeping the vision of a clean and green environment alive. The company said that moving forward in its journey towards accelerating […]

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India’s EV Sector Attracts Rs. 25,000 Crore Investments Till July 2021

Indian EV sector recorded Investments of approx. Rs. 25,000 crore during the first seven months of this year. The second wave of Covid-19 was highly destructive to almost every sector of the country. However, the electric vehicle (EV) and e-mobility sector says a different story, as it has witnessed numerous financial deals and investments. India’s e-mobility […]

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States with Attractive Subsidies Under Their EV Policies

States with new or modified Ev policies giving subsidies over and above the central government’s subsidies under FAME II. The country is in a constant hustle to ramp up EV adoption. Although the central government has brought up schemes like Faster Adoption and Manufacturing of Electric Vehicles (FAME I and FAME II). Recently the government […]

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Triton EV Signs MoU for 2,100 Crores Investment in Telangana

Triton Electric Vehicle, LLC, the US-based electric vehicle (EV) subsidiary of a leading solar panel and battery engineering firm, Triton Solar, has announced signing a Memorandum of Understanding (MoU) with the state of Telangana to set up its manufacturing plant with an investment of Rs. 2,100 Crores. The EV major has announced that it will […]

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Gujarat EV Policy 2021: EV Subsidies, 250 Charging Stations & More…

Recently we reported that Maharashtra has released its draft new electric vehicle (EV) Policy, and now the neighbouring state of Gujarat has followed suit with its EV Policy. The chief minister of Gujarat, Mr. Vijay Rupani through a live press conference released the Gujarat EV Policy 2021. CM Rupani stressed on the environmental betterment from […]

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