India’s EESL to Invest $5 Million in Thailand’s Electric Vehicle Manufacturer

India’s EESL to Invest $5 Million in Thailand’s Electric Vehicle Manufacturer

India’s Energy Efficiency Services Limited (EESL) would invest in SWAG EV, an electric vehicle (EV) manufacturer in Thailand, in a bid to drive convergence – an emerging concept bringing together electric mobility, ...
/ / Electric Vehicles, Grid
SECI to Empanel Agencies to Scale Innovative Electric Mobility Technologies

SECI to Empanel Agencies to Scale Innovative Electric Mobility Technologies

The Solar Energy Corporation of India (SECI) has floated an expression of interest (EoI) to empanel agencies to identify and implement business opportunities in the electric and transformative mobility space ...
EV Ride-Hailing Platform BluSmart Secures ₹510 Million

EV Ride-Hailing Platform BluSmart Secures ₹510 Million

BluSmart, an electric ride-hailing platform, announced that it secured ₹510 million (~$6.89 million) in its pre-series A funding round from multiple investors. According to its press release, investors like Inflection ...
/ / Finance and M&A, Other
NITI Aayog Introduces New Program to Decarbonize India’s Transport System

NITI Aayog Introduces New Program to Decarbonize India’s Transport System

The National Institute of Transforming India (NITI) Aayog and the International Transport Forum (ITF) of Organization for Economic Co-operation and Development (OECD), have jointly launched a project aimed at decarbonizing ...
Ola Electric Acquires Amsterdam-Based Electric Two-Wheeler Maker Etergo BV

Ola Electric Acquires Amsterdam-Based Electric Two-Wheeler Maker Etergo BV

Ola Electric Mobility Private Limited, a subsidiary of Indian cab aggregator Ola Cabs, announced that it has acquired Etergo BV, an Amsterdam-based electric scooter maker. The value of the transaction remained ...
Tata Motors Partners with Delhi-based EV Taxi App to Deploy 500 Tigor EVs

Tata Motors Partners with Delhi-based EV Taxi App to Deploy 500 Tigor EVs

Tata Motors Limited has partnered with Prakriti E-Mobility Limited, an electric vehicle (EV) based taxi service, to deploy 500 of its Tigor EVs in New Delhi. The cars will be ...
NITI Aayog Gives Two-Wheeled Vehicle Makers 2 Weeks to Create EV Adoption Blueprint

NITI Aayog Gives Two-Wheeled Vehicle Makers 2 Weeks to Create EV Adoption Blueprint

In a recent meeting held by NITI Aayog, two-wheeler industry stakeholders, and the Society of Indian Automobile Manufacturers (SIAM), the government think tank has asked the traditional two-wheeler players to ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

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 ...
Government Announces List of EV Parts to be Indigenized Under FAME II

Government Announces List of EV Parts to be Indigenized Under FAME II

The Ministry of Heavy Industries and Public Enterprises has released a revised list of parts which are to be indigenized under the Phased Manufacturing Program (PMP) which falls under the ...
Is India’s Electric Vehicle Push for Real This Time?

NITI Aayog Report Advocates the Elimination of Direct Subsidies to EV Users

The NITI Aayog, a policy think tank of the government of India conducted a two-day summit to raise awareness about the various aspects of mobility, and to bring together diverse ...