Electric Vehicles

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MENA Weekly Round-Up: Egypt Signs PPA with Alcazar for 407 MW Wind Project

The Egyptian Electricity Transmission Company (EETC), the state-owned power grid operator, signed a power purchase agreement (PPA) with Alcazar Energy to construct a...

August 4, 2026

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Melvin Mathew

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Electric Vehicles

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Wind
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Rajasthan Invites Bids for 696 Public EV Charging Stations

The Rajasthan Renewable Energy Corporation (RRECL) has invited bids to commission public electric vehicle (EV) charging infrastructure across 236 locations in the state....

July 31, 2026

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Arjun Joshi

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Electric Vehicles

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Tenders & Auctions
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Tesla Q2 2026 Revenue Rises 26% on Record Deliveries, Misses Earning Estimates

Electric vehicle (EV) maker Tesla reported total revenue of $28.24 billion in the second quarter (Q2) of 2026, a 26% year-over-year (YoY) increase from $22.5 billion,...

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Ather Energy Raises ₹13 Billion Through Qualified Institutional Placement

Electric two-wheeler manufacturer Ather Energy has raised approximately ₹13 billion (~$134.74 million) through a qualified institutional placement of equity shares. The...

July 23, 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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Ather Energy Approves ₹12 Billion Preferential Fundraise

Electric two-wheeler manufacturer Ather Energy’s board has approved a preferential issue to raise up to ₹12 billion (~$124.5 million) through a combination of equity...

July 17, 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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EVs Account for Over 10% of Vehicle Sales in Q2 2026

Electric vehicle (EV) sales in India reached 837,453 units in the second quarter (Q2) of 2026, a year-over-year (YoY) increase of 52.3% over 549,900 units recorded in...

July 16, 2026

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Hero MotoCorp to Invest Additional ₹10 Billion in Ather Energy

Hero MotoCorp has approved an additional investment of up to ₹10 billion (~$104 million) in Ather Energy through a proposed subscription to securities issued on a...

July 15, 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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EV Platform Milo Drive Raises $2.4 Million in Seed Funding Round

Gurugram-based electric vehicle (EV) mobility platform, Milo Drive, has raised $2.4 million (~₹228.59 million) in a seed funding round led by Caret Capital. Antler,...

July 13, 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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Zelio E-Mobility Opens EV Manufacturing Facility in Coimbatore

Electric vehicle (EV) manufacturer Zelio E-Mobility has announced the opening of its new manufacturing facility in Coimbatore, Tamil Nadu. The plant has an installed...

July 13, 2026

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Staff

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Electric Vehicles
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India Opens Antidumping Probe into Imports of Chinese Electric Tractors

The Directorate General of Trade Remedies (DGTR) has initiated an antidumping investigation into imports of electric tractors from China following allegations that the...

July 6, 2026

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B.S. Nagaraj

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Electric Vehicles

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Market & Policy
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Delhi to Allow Only Electric Two-Wheeler Registrations from April 2028

The Delhi government has notified the Electric Vehicles Policy, 2026, introducing phased purchase incentives, scrapping benefits, exemptions from road tax and...

July 6, 2026

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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JBM ECOLIFE Mobility Secures ₹7.5 Billion Investment for Electric Bus Expansion

JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a ₹7.5 billion (~$79.4 million) investment from Motilal Oswal Alternates, the...

June 18, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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Government to Support Deployment of 3,800 E-Ambulances Under PM E-DRIVE

The Ministry of Heavy Industries (MHI) has brought electric ambulances (e-ambulances) under the ambit of the PM Electric Drive Revolution in Innovative Vehicle...

June 18, 2026

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Parth Shukla

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Electric Vehicles

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Market & Policy
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Trevel Raises $1 Million to Expand Electric Mobility Platform

Gurugram-based electric mobility platform, Trevel, operated by Inwisement Technologies, has raised $1 million in a funding round co-led by India Accelerator, Finvolve,...

June 15, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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ChargePoint Launches Charger for Mass-Market EVs Amid Q1 Revenue Increase

U.S.-based electric vehicle (EV) charging solutions company ChargePoint reported revenue of $101.8 million in the first quarter (Q1) of fiscal year (FY) 2027, a 4.3%...

June 5, 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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