Electric Vehicles

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KKR to Invest Up to $310 Million in E-Bus Companies Allfleet and PMI Electro

Global investment firm KKR will invest up to $310 million (~₹28.63 billion) and form a partnership with electric bus (e-bus) platform Allfleet and e-bus manufacturer PMI...

March 18, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Exicom Commissions EV Charger Manufacturing Plant in Hyderabad

Gurugram-headquartered electric vehicle (EV) charger manufacturer, Exicom Tele-systems (Exicom), has commissioned an integrated manufacturing facility in Hyderabad to...

March 17, 2026

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Melvin Mathew

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Electric Vehicles

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Grid
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BlackSoil Invests ₹750 Million in Euler Motors to Support EV Growth

Alternative credit platform BlackSoil has invested ₹750 million (~$8.1 million) in electric vehicle manufacturer Euler Motors as part of a funding round following the...

March 17, 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 Mandates Local Traction Motor Manufacturing For E-Buses, Trucks

The Ministry of Heavy Industries (MHI) has amended the Phased Manufacturing Program (PMP) requirements for electric buses and electric trucks under the PM Electric Drive...

March 16, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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Oil Shock from US-Iran War Strengthens Case for Transport Electrification, Renewables

The U.S.-Iran war, now into its second week, has triggered ripple effects on the Indian economy, raising fears of supply chain, shipping, and logistics disruptions...

March 12, 2026

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B.S. Nagaraj

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Electric Vehicles

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Market & Policy
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Ashok Leyland Breaks Ground on Battery Pack Facility in Tamil Nadu

Ashok Leyland, the automobile company owned by the Hinduja Group, has broken ground on a greenfield battery pack manufacturing facility in Pillaipakkam, Tamil Nadu, with...

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ChargePoint’s Revenue Up 7% YoY in Q4 FY 2026, Net Loss Down 48%

U.S.-based electric-vehicle charging solutions company ChargePoint reported revenue of $109.3 million in the fourth quarter (Q4) of fiscal year (FY) 2026, a 7%...

March 6, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Ludhiana Municipality Invites Bids for EV Charging Stations, Battery Swap Points

The Municipal Corporation of Ludhiana (MCL) has invited bids from central and state public-sector undertakings to supply, install, operate, and maintain electric-vehicle...

March 2, 2026

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Melvin Mathew

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Electric Vehicles

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Grid

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Tenders & Auctions
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Battery Solutions Provider Coulomb Litech Raises ₹200 Million in Seed Funding

Mumbai-based battery solutions provider Coulomb Litech has raised ₹200 million (~$2.21 million) in its latest seed round, aiming to accelerate the electrification of...

February 24, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Olectra Greentech Bags Two Orders for Electric Buses Worth ₹18 Billion

Olectra Greentech’s subsidiary, EveyTrans, has secured two orders from the Telangana State Road Transport Corporation (TGSRTC) for the supply, operation, and maintenance...

February 23, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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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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