Electric Vehicles

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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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Mahanagar Gas Forays into EV Sector with ₹960 Million Investment in 3ev

Natural gas company Mahanagar Gas Limited (MGL) has announced the acquisition of 30.97% shareholding in 3ev Industries, a three-wheeler electric vehicle (EV)...

February 14, 2024

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Staff

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Electric Vehicles
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FAME-II Budgetary Outlay for Electric Vehicles Increased by $180.7 Million

The Ministry of Heavy Industries (MHI) has enhanced the budgetary outlay of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-II) program...

February 12, 2024

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Staff

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Electric Vehicles

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Markets & Policy
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HDFC Bank Raises $300 Million via Bond Issue to Fund Green Loans

HDFC Bank has raised $300 million through its first-ever sustainable bond issue, with the proceeds to be used to finance electric vehicles and green loans. The bond,...

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Electric Scooter Startup River Raises $30 Million in Series B Funding

Electric-scooter startup River has raised $40 million (₹3.35 billion) in an oversubscribed Series B funding led by Yamaha Motor. The Bengaluru-based electric vehicle...

February 6, 2024

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Staff

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Electric Vehicles

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Finance and M&A

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