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Hospitality Industry Welcomes Customizable EV by Speedways Electric

Speedways Electric, an innovator in electric vehicle technology, has unveiled its latest offering, Royale- a vintage-shaped Low-Speed Electric Vehicle (LSEV) for the hospitality industry. The design of the EV has been patented. Features Royale is a battery-operated, eco-friendly vehicle. It boasts a no-noise, no-pollution operation, making it an environmentally responsible choice, with running costs that […]

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Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report

UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’.  Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […]

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Electric Motorcycle Startup Raptee Pockets $3 Mn in Pre-Series A Round

EV Motorcycle Startup, Raptee has raised $3 million in a Pre Series A round led by deep-tech VC fund Bluehill Capital. The all-equity funding round saw participation from investors including Eugene Mayne, Founder and CEO of Tristar Global (UAE), Lakshmi Narayanan, Former CEO Cognizant, Ramesh Kannan, Managing Director, Kaynes Technology, Chandu Nair, Director, Shankara Building […]

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Delhi Govt Issues Tender for 3,000 Electric Two Wheelers in 90 Locations in Dwarka

The Delhi government has issued a tender inviting bids from service providers towards the deployment of high and low-speed e-scooters and also e-cycles in Dwarka. The announcement comes as part of the Public e-Scooter Sharing (PeSS) System and Public e-Cycle Sharing System (PeCS) initiative. The bids have been invited with a view to ensure last-mile […]

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Hyundai, Georgia Tech To Invest $12.6bn To Boost Electric Mobility

Georgia Tech and Hyundai Motor Group have signed a Memorandum of Understanding (MoU) to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The group is investing $12.6 billion in Georgia’s new […]

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CSIR-CMERI Scientists Develop ‘Made in India Electric Tractors’

West Bengal-based Central Mechanical Engineering Research Institute (CMERI) has now developed an indigenously developed fully electric tractor named for farmers. CMERI operates under the Council of Scientific and Industrial Research (CSIR) of the Indian government. CMERI has named the electric tractor ‘CSIR Prima ET 11’.  CMERI claimed that the electric vehicle was produced only with […]

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World’s First Prototype Of Electrified Flex Fuel Vehicle Launched In India

Union Road Transport Minister Nitin Gadkari and Union Petroleum and Natural Gas Minister Hardeep Singh Puri have now launched the world’s first-ever prototype of BS-VI STage=II Electrified Flex Fuel Vehicle in New Delhi. Toyota Kirloskar Motor developed the vehicle. This vehicle uses a mixture of fuel to drive the car. It includes ethanol, a biofuel […]

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Electric Supply Chain Firm ZEVO Secures Funding from Agility Ventures

ZEVO, a completely integrated electric supply chain and warehousing platform, announced today that it has successfully raised funding from Angel Fund Agility Ventures. The funding will be utilized to further expand ZEVO’s fleet of electric vehicles and micro storages, focusing on last-mile delivery and integrated logistics solutions along with electric refrigerated deliveries. “As investors, we […]

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