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India’s EV Sector: OEMs Lead 70% of Deals In 2023, Says Report

According to a report by Bain and Company and Indian Venture and Alternate Capital Association, EV penetration in private equity and venture capital (PE-VC) is projected to rise from 6% in 2023 to 40% by 2030.  The report highlighted that 2023 followed the trend observed in the second half of 2022, with a reduction in […]

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Revfin Inks Deal With Sun Mobility For EV Financing

Electric Vehicle maker SUN Mobility and Revfin have collaborated to offering innovative financing solutions for fleet and passenger vehicles utilizing SUN Mobility’s Battery-as-a-Service (BaaS) model. Revfin will finance two-wheelers for fleet business and three-wheelers for cargo and passenger vehicle segments. SUN Mobility also plans to deploy almost 100k of these vehicles under the BaaS model, […]

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Last-mile Micro-mobility Firm inGO Electric Unveils InGO Flee 2.0 At This Price

inGo Electric, a last-mile micro-mobility firm, has launched its latest electric vehicle model inGO Flee 2.0. Priced at INR 62,000 onwards, inGO Flee 2.0 has been designed with a focus on ergonomic design and comfort. inGO Flee 2.0’s shocks stand offer zero maintenance and ensure a smooth ride. It can carry 25kgs on the carrier […]

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Renewables and EVs: Myths and Reality

There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […]

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KMC Mulling 40 More EV Charging Stations in Kolkata

The Mayor-in-Council of the Kolkata Municipal Corporation (KMC) has passed a proposal according to which the KMC will tie up with Mumbai based Tata Power for the setting up of 40 EV charging stations in Kolkata. The proposal will now be placed before the KMC House in April only for consideration. KMC already has established […]

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In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin

EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […]

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We offer strong after sales service and spare support: Sachidanand Upadhyay, Lord’s Mark

Incorporated in 1998, Lord’s Mark Industries Private Ltd. (Lord’s) started manufacturing computer continuous stationary and copier paper and gradually diversified to other segments viz; LED products, solar power solutions & solar appliances, lithium batteries, electric scooters, and charging stations. With the launch of its subsidiary, Lord’s Automative Private Limited, the firm ventured into the green mobility […]

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JinkoSolar Launches SunGiga Liquid-Cooling ESS in Japan

Chinese solar manufacturer JinkoSolar has announced the launch of its new liquid cooling energy storage system called SunGiga for C&I application and showcased it in this year’s PV Japan Expo 2023. JinkoSolar had launched the SunTank residential ESS in Japan in 2022. JinkoSolar said that the liquid cooling system for more even heat dissipation and […]

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AutoNxt Automation Unveils Self-Driven E-Tractor at Chandigarh Electric Vehicle Expo

AutoNxt Automation, which claims to be India’s first electric tractor venture, showcased its self-driving Electric Tractor at Chandigarh Electric Vehicle Expo held recently. PHD Chamber of Commerce and Industry (PHDCCI) organized the electric vehicle expo at sector 34 exhibition ground at Chandigarh. The firm will soon launch, what it calls India’s first electric, autonomous (self-driving) […]

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