EV industry

TVS Motor Lines Up Fresh Investments Of Rs 1,000 Crore In EV Push

India took one step closer to green energy transition with TVS Motor committing Rs 1,000 crore to electric vehicles, a sizeable part of which will go into capacity expansion and building the EV product portfolio. The automobile major has decided to invest Rs 1,000 crore investment for the second consecutive year, gearing up to double […]

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CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport

State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […]

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More Than 13 Lakh EVs Registered In India: Gadkari

More than 13 lakh electric vehicles (EVs) are registered in India excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep, the Minister of Road Transport and Highways of India, Nitin Gadkari, said in a recent written reply to the Rajya Sabha. The minister revealed that 2,877 public EV charging stations have been sanctioned in 68 cities […]

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Ather Energy Rolls Out Ather 450X Scooter

Electric vehicle major Ather Energy recently rolled out the new avatar of its flagship scooter Ather 450x with a bigger battery, new tyres, software changes at Rs 155,657 ex-showroom in Bengaluru. The flagship model has contributed to about 80% of sales of the company promising even more with bigger battery which will run to real-life […]

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IEA Report on Bridging Gap B/w Demand & Supply Of EV Batteries’ Metal

IEA has published a report on the global EV market. In this report, IEA has highlighted how the EV market is growing around the globe. As per the report, electric vehicle sales around the globe are rising and breaking all the previous sales records. On the other hand, the EV charging infrastructure is not growing […]

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Ola Electric Announces Domestic Production of Lithium-Ion Battery Cells

Ola Electric has announced that they have succeeded in making a Li-ion cell indigenously. An important development that will support the Indian EV industry as India doesn’t have much organization in the manufacture of batteries for electric vehicles. Bhavish Aggarwal, the CEO of Ola Electric, revealed the creation of the lithium-ion cell’s success on Twitter […]

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IEA Calls For Innovation To Bridge Gap Between Demand & Supply Of Metals For EV Batteries

The autonomous intergovernmental organisation that shapes policies related to energy for countries, International Energy Agency (IEA) has published a 68-page report “Global Supply Chains of EV Batteries“. The report states that innovation alone can help bridge the fast increasing gap between demand and supply of critically important metals for EV batteries. The supply of critical […]

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Chargeup,Two More Join Up To Offer E-Rickshaws At Rs 90,000

The Delhi-based battery-swapping company, Chargeup has announced its collaboration with two firms including Paisalo Digital Ltd and Goenka Electric Motors (GEM). Companies said, through this collaboration, they will help E-rickshaw drivers own their vehicles at only Rs 90000 only. Chargeup said it’s for the first time when an affordable E-Rickshaw Sale across Delhi/NCR has been […]

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BILITI Electric Gets Financing Approval from SIDBI for its GMW Taskman Autos

California-based BILITI Electric Inc announced that the Small Industries Development Bank of India (SIDBI) has approved loans to those who are interested in purchasing GMW Taskman Electric 3W Autos, through its ‘Digital Prayaas’ program. ‘Digital Prayaas’ is an App-based end-to-end digital lending platform to facilitate access to low-cost borrowings for micro-entrepreneurs/micro-enterprises. Further, to cater to […]

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