Electric Vehicles

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CESL Invites Bids for Supply of 1,800 Cargo Electric Cycles in Four States

Convergence Energy Services (CESL), an energy solutions provider and a wholly-owned subsidiary of Energy Efficiency Services (EESL), has invited bids for the procurement...

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EV Startup MOOEV Raises ₹40 Million in Seed Funding Round

Electric vehicle (EV) startup MOOEV Technologies has raised ₹40 million (~$474,683) in a seed funding round led by Bizdateup. The funding round included investors like...

November 6, 2024

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Tina Freese

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Electric Vehicles

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Renewable Energy
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RNEL Completes Acquisition of UK-Based Sodium-Ion Battery Company Faradion

Reliance New Energy (RNEL), a wholly owned subsidiary of Reliance Industries, has fully acquired Faradion, a UK-based sodium-ion battery technology company, by acquiring...

October 30, 2024

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Staff

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Electric Vehicles

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Grid

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Other
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CESL Floats Tender to Set Up EV Charging Stations In Faridabad

Convergence Energy Service (CESL) has invited bids to set up and maintain electric vehicle charging stations in seven locations in the Municipal Corporation of Faridabad...

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Ashok Leyland Subsidiary Wins 500 Electric Bus Order from Chennai MTC

OHM Global Mobility, a subsidiary of commercial vehicle manufacturer Ashok Leyland, has secured an order for 500 12-meter ultra-low floor electric buses (e-buses) from...

October 24, 2024

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Tina Freese

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Electric Vehicles

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Press Releases
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Vehicle Deliveries, Energy Storage Growth Drive Tesla’s Profit in Q3 2024

U.S.-based electric vehicle and clean energy company Tesla’s revenue for the third quarter (Q3) of 2024 rose 8% year-over-year (YoY) to $25.18 from $23.35 billion on the...

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EKA Mobility Wins 250 Electric Buses Order from Nagpur Municipal Corporation

Pune-based commercial electric mobility company EKA Mobility has secured an order from Nagpur Municipal Corporation to supply 250 electric buses. The company did not...

October 18, 2024

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Arjun Joshi

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Electric Vehicles

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Tenders & Auctions
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Electric Vehicle Sales Drop 11% YoY in Q3 2024 with 332,730 Units

Electric vehicle (EV) sales in India reached 332,730 units in the third quarter (Q3) of 2024, a decline of over 11% year-over-year (YoY) against the 372,387...

October 7, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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EV Mobility Company Zevo Raises $2 Million in Pre-series A Funding Round

Electric vehicle (EV) logistics mobility platform Zevo has raised $2 million in a pre-series A funding round. Pegasus India Fund, BizDateUp, JIIF, and a family office...

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Ministry Of Power Releases EV Charging Infrastructure Guidelines

The Ministry of Power has released the guidelines for installing and operating electric vehicle chargers. According to the guidelines, any entity can establish a...

September 20, 2024

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Tina Freese

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Electric Vehicles

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Renewable Energy
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US Tariff Increases on Solar, EV Imports from China to Start September 27, 2024

Four months after announcing stiff tariff hikes on imports of solar cells, electric vehicles (EV), batteries, and critical minerals originating from China, the U.S. has...

September 18, 2024

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B.S. Nagaraj

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Electric Vehicles

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Markets & Policy

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Solar
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Samvardhana Motherson Acquires 11% Stake in Israel’s REE Automotive

Automotive component manufacturer Samvardhana Motherson International (SAMIL), through its wholly-owned subsidiary MSSL Consolidated, is acquiring up to 3.64 million...

September 17, 2024

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Tina Freese

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Electric Vehicles

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Finance and M&A
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Cabinet Approves ₹109 Billion PM E-DRIVE Program to Boost Electric Mobility

The Union Cabinet has approved the ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Program,’ and the ‘PM-eBus Sewa-Payment...

September 12, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Electric Two-Wheeler Firm Ather Energy Files IPO to Raise ₹370 Million

Electric two-wheeler manufacturer Ather Energy has proposed raising ₹31 billion (~₹369.4 million) through an initial public offering (IPO). In a draft red herring...

September 10, 2024

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Tina Freese

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Electric Vehicles

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Finance and M&A
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E-Bus Startup Fresh Bus Secures $10.42 Million in Series A Funding

Bengaluru-based intercity electric bus startup Fresh Bus has raised ₹875 million (~$10.42 million) in a Series A funding round. The financing was led by the...

August 14, 2024

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Staff

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Electric Vehicles

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Finance and M&A

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