UK’s Zouk Capital Acquires Majority Stake in Italy’s Electric Mobility Utility BE Power
Zouk Capital, an infrastructure and private equity fund manager, based out of the United Kingdom, has acquired a majority stake in BE Power. BE Power is a digital utility active ...
Panasonic Launches EV Charging Service in Delhi-NCR
Japanese electronics giant Panasonic has launched Nymbus, a smart EV charging service in Delhi-NCR region in partnership with electric mobility service providers Smart E and qQuick. In the first phase ...
Kerala Issues Tenders for 1,500 Electric Buses on Lease
Kerala State Road Transport Corporation (KSRTC) has issued a tender to lease 1,500 electric buses. It has issued three separate tenders for 500 (500*3) electric buses for a period of ...
Ather Energy’s Electric Scooter Becomes FAME-II Compliant
Ather Energy, backed by Hero MotoCorp, has announced that their flagship intelligent scooter, Ather 450 is now FAME II compliant and will receive an increased subsidy of ₹27,000 ($386.9). Though the orders for ...
Ratan Tata Invests in Ola Electric Mobility’s Series A Funding
Ola Electric Mobility Pvt Ltd (Ola Electric) has announced that Ratan Tata, the chairman of Tata Sons, has invested an undisclosed amount in the company as part of its Series ...
BHEL Installs First Solar-Based EV Charger Along Delhi-Chandigarh Highway
Bharat Heavy Electricals Limited (BHEL), a Navratna public sector undertaking, has inaugurated a solar-based electric vehicle charger on the Delhi-Chandigarh highway. The charging station, located in Haryana’s Sonepat, is the ...
SBI’s New EV Car Loan Comes with Reduced Interest Rate, Relaxed Repayment Period
In March 2018, the Government of India launched the National E-Mobility Program to achieve 100% e-mobility by 2030. On World Earth Day 2019, SBI announced the launch of India’s first ‘Green ...
Shared Mobility, Correct Vehicle Segment Can Fuel EV Uptake in India, Finds Ola
It would make good business sense to focus on developing EVs in the highest demand and utility sectors in the Indian vehicle market for two-wheelers and three-wheelers according to a ...
10 Drivers of EV Market in India
The Indian government launched the National E-Mobility Program in March 2018 to achieve 100 percent e-mobility by . Since then, the country has taken several policy initiatives to propel the growth ...
Karnataka’s Shivamogga Smart City Announces Tender for 100 E-Rickshaws
In India, the widely used electric three-wheelers are expected to play a crucial role in last-mile connectivity and reduction in carbon emissions through intelligent mobility. With this in mind, Karnataka’s ...
EESL Floats Tender for 200 Electric Vehicle Fast Chargers
Government’s Energy Efficiency Services Limited (EESL) has issued a tender for 200 fast chargers along with three years’ on-site warranty and annual maintenance contract. The tender, extendable up to 10 ...
Tender Announced for Procurement of 100 Electric Buses in Goa
The NTPC Vidyut Vyapar Nigam (NVVN) has invited bids for procuring 100 electric buses to operate in the state of Goa. The brief scope of work includes the operation of ...
Government Proposes Customs Duty Hike on EV Parts to Incentivize Domestic Manufacturing
The Indian government recently notified the implementation of ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ with a total budget outlay of ₹100 ...
In a Boost to India’s EV Segment, Hyundai and Kia to Invest $300 Million in Ola
Carmakers Hyundai Motors and Kia Motors have announced that they are going to invest to the tune of $300 million in cab aggregation service provider Ola. This is their largest ...
Panasonic Installs Electric Vehicle Charging Station at BSES Head Office in Delhi
Panasonic, a global technology company has collaborated with BSES Yamuna Power Limited to set up an electric vehicle charging station at their New Delhi head office. This pilot facility will ...
NTPC Issues Tender for Electric Vehicle Charging Stations
The National Thermal Power Corporation (NTPC) has invited bids to set up charging stations for electric vehicles (EVs) including buses and four-wheelers, on a turnkey basis. The scope of work ...
Uttar Pradesh Approves EV Charging Tariffs for Various Segments of Consumers
After receiving comments and views from stakeholders through a public hearing held on March 7, 2019, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has now approved the tariffs for electric vehicle ...
Andhra Pradesh Gets ₹2 Billion from Urja Global to Set Up EV Manufacturing Ecosystem
The Andhra Pradesh Economic Development Board (APEDB) and Urja Global have signed a memorandum of understanding (MoU) for setting up manufacturing units of lithium-ion batteries and electric vehicles for the ...
Delhi Announces Tender for 385 Electric Buses in Two Clusters
Ramping up its efforts to curb the deteriorating air quality in the national capital, the Transport Department, Government of National Capital Territory of Delhi (GNCTD), has now issued a tender ...
Ola Raises $56 Million for Its Electric Mobility Business in India
Ola Electric Mobility, a company, backed by Ola, an Indian ride-sharing company, announced that it has raised a sum of ₹400 billion ($56.4 million) led by several of Ola’s early investors ...
Government Readies Blueprint for EV and Battery Manufacturing
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal for setting up a national mission on transformative mobility and battery storage initiatives. Apart from this, the Cabinet ...
India’s ₹100 Billion Budget to Promote Adoption and Manufacturing of Electric Vehicles
The Union Cabinet has approved the proposal for the implementation of a program titled 'Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)' aimed ...
Delhi Cabinet Approves Procurement of 1,000 Electric Buses
In a big push to combat the deteriorating air quality in the national capital, the Delhi Cabinet has now approved the procurement of 1,000 low-floor electric buses. "This is the ...
REIL Issues Tender to Set Up 270 EV Charging Stations Across India
Rajasthan Electronics and Instruments Limited (REIL), a public-sector enterprise operating in the electronics, information technology, and renewable energy segment, has issued a tender to set up 270 electric vehicles (EVs) ...
Uttar Pradesh Electricity Regulatory Commission Proposes EV Charging Tariff
To help the electric vehicle (EV) sector grow in Uttar Pradesh, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed tariffs for EV charging stations in the state. The proposal ...
