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Mahindra Group

RattanIndia Acquires 100% Stake in Electric Bike Manufacturer Revolt

Thermal power producing plant developer RattanIndia Enterprises Ltd announced that it is purchasing the remaining shares (owner of 100% stake) of electric motorcycle, bike manufacturer Revolt Motors at a time when environmentally conscious consumers are looking for alternatives to conventional vehicles. RattanIndia did not specify the size of the deal, although its shares rose 10% […]

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Examining the Biggest Polluters: Report Card of Transportation Industry

The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […]

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Magenta Mobility Partners with Flipkart for Debut in Delhi Market

The last-mile transportation provider in India, Flipkart, has announced a partnership with Magenta Mobility, a company located in Karnataka that offers electric mobility solutions. Through this partnership, Magenta Mobility will officially enter Delhi-NCR and add over 400 electric cargo cars to the Flipkart fleet there. This fleet deployment goes above and beyond what Magenta currently […]

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The Bridge to 280 GW Of Solar. Corporate India Steps Up

They have the money, resilience, and execution ability that can leave an indelible impact on India’s economy; but can the country’s corporates (C&I sector) open up a new growth engine for India’s solar movement? The time, it seems, has arrived. As always in India, among the stakeholders, there will be many who will want to […]

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Tarun Sharma is eRise Drive Electric’s New Head of Sales & Operations

Tarun Sharma has joined the leadership team of eRise – Drive Electric, the automotive division of the KL Group, as the Head of Sales and Operations in India. Tarun Sharma will be in charge of managing the development, sales, and start-up of the customer satisfaction program for the dealership at the pan India level for […]

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Sunfuel Electric comes up with 120 KW ‘superchargers’

Sunfuel Electric has announced the launching of a new charging technology for electric vehicles at its factory in Pune in order to ease the long travels on the highways for EV drivers. Sunfuel has unveiled the new ‘ExpressMiles’ highway charging service and the first of the novel EV chargers will be installed on the Kalka-Shimla […]

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Andhra Pradesh And Adani Green Sign 60,000 Cr MoU

Andhra Pradesh and Adani Green Energy signed a Memorandum of Understanding (MoU) on May 23 to set up two mega green energy projects at an estimated cost of Rs 60,000 crore in the State. Besides establishing a 3,700 MV hydro storage project, the renewable energy company will also set up a 10,000 MW Solar Power […]

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Prabhakar Kadapa Joins Etrio’s Board of Directors

Hyderabad-headquartered EV-maker Etrio Automobiles Pvt. Ltd. has announced that Prabhakar Kadapa, a veteran automotive leader with over 39+ years of industry experience, has joined its Board of Directors. Kadapa served most recently as the CEO & Managing Director at PSA AVTEC Powertrain Pvt. Ltd. (a JV of PSA Groupe, France and CK Birla Group) as […]

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Rs 18,100 crore Battery PLI Finally Picks 4 Firms

Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited,  Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […]

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