Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs

The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […]

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EV Startup Yulu Secures $82 Mn in Series B Round

Bengaluru’s electric mobility startup Yulu has secured $82 million in equity funding, which was led by USA’s Magna International in a Series B funding round. The  funding round saw participation from investors, which also included Bajaj Auto Limited. Notably, Yulu boasts of a strategic partnership with Bajaj Auto and the two companies have been working […]

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Amazon India and SUN Mobility to Add Faster to EV Fleet With Battery Swapping

Amazon India is working together with SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), to expand the deployment of EVs integrated with battery swapping technology for its transportation and logistics services. These EVs will contribute to Amazon India’s commitment of adding 10,000 electric vehicles in its India delivery fleet […]

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