Electric Vehicles

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Pluto Mobility Raises $2 Million in Seed Funding led by Version One

Delhi-based electric mobility startup, Pluto Mobility, has raised $2 million in seed funding to develop its electric vehicle (EV) platform for last-mile delivery. The...

February 20, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Statiq Raises $18 Million to Expand EV Charging Network

Gurugram-based electric vehicle (EV) charging network operator Statiq has raised about ₹18 million through a mix of debt and equity. The funding round was led by...

February 20, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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US Slaps 102.72% Antidumping Duty on Chinese Active Anode Material Imports

The U.S. Department of Commerce has determined antidumping (AD) and countervailing duties (CVD) of up to 102.72% and 66.86%, respectively, on the imports of active anode...

February 13, 2026

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Melvin Mathew

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Electric Vehicles

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Market & Policy
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Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors

Hero MotoCorp has approved an additional investment of up to ₹2.75 billion (~$30.45 million) in Euler Motors. The investment is to be made in one or more tranches...

February 6, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura....

February 5, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Tesla’s Q4 2025 Revenue Falls 3% While Energy Generation and Storage Revenue Rises 25%

Electric vehicle-maker Tesla reported a revenue of $24.9 billion, down 3% year-over-year (YoY) in the fourth quarter (Q4) of 2025, compared to 25.7 billion. The decline...

February 2, 2026

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Rakesh Ranjan

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Electric Vehicles

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Finance and M&A
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GreenCell Mobility Secures $89 Million Funding Led by BII, IFC, and Tata Capital

Eversource Capital’s green mobility arm, GreenCell Mobility, has raised $89 million in a mezzanine financing round led by British International Investment (BII), IFC,...

January 22, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Finnfund Announces $27 Million to Boost Electric Mobility in India

Finnish development financier and impact investor Finnfund has announced two investments totaling $27 million in India, aimed at accelerating the deployment of electric...

January 22, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Government Notifies Performance Standards for EVs Under PM E-DRIVE Program

The Ministry of Heavy Industries (MHI) has notified amendments to the Production-Linked Incentive (PLI) program for the automobile and auto components industry. The...

January 14, 2026

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Rakesh Ranjan

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Electric Vehicles

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Market & Policy
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EV Charging Firm ROADGRID Raises ₹120 Million in Pre-Series A Round

Indore-based electric vehicle (EV) charging infrastructure company ROADGRID has raised ₹120 million (~$1.44 million) in a Pre-Series A funding round led by Venture...

January 9, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Electric Vehicle Sales Clock 16% Yearly Growth in 2025, Reach 2.3 Million Units

Electric vehicle (EV) sales in India reached a record 2.27 million units in 2025, an over 16% year-over-year increase from 1.95 million units sold in 2025. EVs accounted...

January 7, 2026

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Arjun Joshi

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Electric Vehicles

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Grid
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Tamil Nadu Waives Motor Vehicle Tax for Electric Vehicles Until 2027

The Government of Tamil Nadu has extended the 100% exemption from motor vehicle tax for all electric vehicles (EVs) in the state for a further two-year period, from...

January 6, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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Ola Electric Receives ₹3.66 Billion PLI-Auto Incentive for FY25

Ola Electric Mobility has received an approval order from the Ministry of Heavy Industries to release incentives totaling ₹3.66 billion (~$44 million) under the...

December 29, 2025

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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EV Motors Firm Naxatra Labs Raises $3 Million in Pre-Series A Funding

Naxatra Labs, a manufacturer of motors and controllers for electric vehicles (EVs), has raised $3 million in a Pre-Series A funding round led by Rainmatter by Zerodha....

December 26, 2025

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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Kerala Invites EoI for Setting Up Electric Vehicle Charging Stations

Kerala State Electricity Board (KSEB) has invited expressions of interest from charge point operators for setting up electric vehicle public charging stations (EVPCS)...

December 23, 2025

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Arjun Joshi

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Electric Vehicles

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Tenders and Auctions

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