Electric Vehicles

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AutoNxt Secures Pre-Series A Funding to Finance Electric Tractor Launch

AutoNxt Automation, a Maharashtra-based e-mobility tech startup, has raised funds in a Pre-Series A funding round to finance the launch of its first electric tractor...

April 11, 2024

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Mercom Staff

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Electric Vehicles

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Finance and M&A
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REIL Invites Bids to Set Up EV Charging Stations at Eight Locations in Delhi

Rajasthan Electronics and Instruments Limited (REIL), a joint venture between the Government of India and the Government of Rajasthan, has issued a tender for the...

April 4, 2024

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Gautamee Hazarika

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Electric Vehicles

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Tenders & Auctions
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Zetwerk Bags Contract to Install 1,400 EV Fast Chargers from Indian Oil

Bengaluru-based Zetwerk, an industrial and consumer infrastructure firm, has won a contract to set up over 1,400 electric vehicle (EV) fast chargers for Indian Oil...

April 1, 2024

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Staff

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Electric Vehicles
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EV Sales Sustain Growth Momentum, Up 40% YoY in Q1 2024

Electric vehicle (EV) sales in India reached a record 486,669 units in the first quarter (Q1) of 2024, a jump of over 40% year-over-year (YoY) against the 347,676...

April 1, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Maharashtra Invites Bids to Set Up 350 EV Charging Stations

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT), a subsidiary of Mahatma Phule Backward Class Development Corporation (MPBCDCL), has invited...

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CESL Invites Bids for 3,132 Electric Buses Under PM-eBus Sewa Initiative

Convergence Energy Services Limited (CESL) has invited bids to select an operator for the procurement, supply, operation, and maintenance of 3,132 electric buses (e-bus)...

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CESL Invites Bids for Empanelment of EV Charge Point Operators

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids for the empanelment of electric...

March 18, 2024

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Gautamee Hazarika

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Electric Vehicles

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Tenders & Auctions
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CESL Floats O&M Tender for 31 EV Charging Stations in Noida

Convergence Energy Services Limited (CESL) has invited bids for selecting a managed service partner for the operations, management, maintenance, and security of 31...

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New EV Policy Pushes Global Players to ‘Build in India’

The government, in a bid to promote India as a manufacturing destination for electric vehicles (EVs), is offering international manufacturers a reduced customs duty rate...

March 15, 2024

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Staff

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Electric Vehicles
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Government Launches ₹5 Billion Program to Promote Electric Mobility

The Ministry of Heavy Industries (MHI) has launched the Electric Mobility Promotion Program 2024 with a funding of ₹5 billion (~$60.34 million). The program is scheduled...

March 14, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Electric Mobility Solutions Firm Attron Secures ₹47.5 Million in Seed Funding Round

Attron Automotive, an electric mobility motor and controller solutions company, has raised ₹47.5 million (~$573,956) in a seed funding round led by Anicut Capital and...

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ChargePoint’s Q4 Revenue Drops 24% as EV Adoption Slows

California-based electric vehicle (EV) charging firm ChargePoint reported a fourth-quarter (Q4) 2024 revenue that was 24% lower than last year as slowing EV adoption...

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Servotech Wins $12 Million Order for 1,500 DC EV Chargers from HPCL

Electric vehicle (EV) charger and energy efficiency products manufacturer Servotech Power Systems recently won an order worth ₹1.02 billion (~$12.31 million) for 1,500...

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Yulu Raises ₹1.6 Billion to Meet Increased Demand in Shared E-Mobility

Bengaluru-based shared electric two-wheeler company Yulu has raised ₹1.6 billion ($19.25 million) in equity funding from existing investors Bajaj Auto and Magna...

February 23, 2024

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Staff

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Electric Vehicles

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Press Releases
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Pure EV Raises $8 Million Funding to Expand Sales Network in India

Hyderabad-based electric vehicle (EV) manufacturer Pure EV has secured $8 million in the latest round of funding to help the company expand its sales network in India...

February 20, 2024

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Staff

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Electric Vehicles

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