Electric Scooter Maker Ather Energy Raises $35 Million in Series D Funding
Electric scooter manufacturer Ather Energy raised $35 million in its latest Series D funding round, led by Sachin Bansal's $23 million investment. Hero MotoCorp has invested $12 million as a ...
EESL Joins Hands with SDMC to Install 75 EV Charging Stations Across Delhi
Facilitating the adoption of e-mobility in the national capital, the Energy Efficiency Services Limited (EESL) has signed a Memorandum of Understanding (MoU) with the South Delhi Municipal Corporation (SDMC) to ...
Uttar Pradesh Floats Expression of Interest for EV Charging Stations
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has issued an expression of interest (EoI) to set up charging stations for electric vehicles (EVs) in cities, highways, and expressways across ...
Electric Scooter Manufacturer Ather Energy Raises $51 Million in Funding
Ather Energy, India’s intelligent electric scooter manufacturer, raised $51 million in its latest round of funding, led by Flipkart’s co-founder Sachin Bansal’s investment of $32 million. Ather Energy was one ...
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 ...
Indian Oil Floats EPC Tender for Two Captive Rooftop Solar Projects in Uttar Pradesh
Oil major Indian Oil Corporation Limited (IOCL) has floated a tender for the engineering, procurement, and construction (EPC) of two grid-connected rooftop captive solar power projects at Uttar Pradesh. The ...
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 ...
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 ...
Government Proposes EV Charging Stations at Every 25 Kms on Roads
The Town and Country Planning Organization, Ministry of Housing, and Ministry of Urban Affairs have released amendments to Model Building By-Laws (MBBL) to provide for electric vehicle (EV) charging infrastructure ...
Tata Power and HPCL Sign MoU for Setting Up EV Charging Stations Across India
Tata Power and Hindustan Petroleum Corporation Limited (HPCL), an Indian state-owned oil and natural gas company , have signed a Memorandum of Understanding (MoU) for setting up commercial-scale charging stations ...
Government to Exempt EVs Using Alternative Fuel from Permit Requirements
India is the third largest market for automobiles and the world’s largest market when it comes to two-wheelers. The government is promoting electric vehicles (EVs) to reduce dependence on fossil ...
Gas Authority of India to Enter Solar and EV Sectors
India’s biggest natural gas transporting and marketing company, the Gas Authority of India Limited (GAIL), a government owned entity, is looking to diversify its portfolio. According to a PTI report, ...
Exicom Wins NTPC Tender to Develop EV Charging Stations in Jabalpur
Exicom, an energy storage solutions provider, has won the tender floated in March 2018 by the National Thermal Power Corporation (NTPC) for installing EV charging stations in Jabalpur, Madhya Pradesh ...
Tata Power’s Renewables Business Profit Jumps to ₹720 Million in Q3 FY2018
Tata Power reported Q3 consolidated net profit of ₹6.12 billion (~$95.32 million), slightly below compared to the same quarter last year of ₹6.19 billion (~$96.41 million). Underlying earnings before interest, ...
ABB India Sees After-Tax Profits Rise by 18% in Q3 2017
Consistent cost structure improvements helped ABB India boost its after-tax profits by 18 percent year-over-year to ₹830 million (~$12.8 million) in the third quarter of 2017, despite seeing its revenue ...
Competition is Heating Up in India’s EV Sector
India’s electric vehicle (EV) sector is becoming competitive. The date for the delivery of electric cars to Energy Efficiency Services Limited (EESL) is looming close and elsewhere car companies are ...
ABB Developing Solar Charging Stations for E-Rickshaws in Jabalpur
ABB is teaming up with transportation officials in the city of Jabalpur to help create a network of solar-powered charging stations that will be used to power e-rickshaws. ABB has ...
Electric Vehicles – The Next Big Cleantech Opportunity in India
The electric vehicle (EV) market in India is slowly beginning to gain momentum after three years of relative inaction. However, India still lags far behind other nations when it comes ...