Who Will Drive India’s Two and Three-Wheeled EV Segment_

Who Will Drive India’s Two and Three-Wheeled EV Segment?

India’s electric mobility revolution is just beginning. The electric vehicle (EV) market in India is buoyant amid increasing policy support from the government. The adoption of EVs in the country ...
/ / Mercom Research Focus, Other
Gujarat Seeks EV Manufacturers for Marketing and Distribution Authorization

Gujarat Seeks EV Manufacturers for Marketing and Distribution Authorization

The Gujarat Energy Development Agency (GEDA) has invited expression of interest (EoI) from reputed manufacturers for their authorization to market and distribute battery operated two and three-wheelers. The EoIs have ...
Ola Electric Raises $250 Million from SoftBank

Ola Electric Raises $250 Million from SoftBank

Ola Electric Mobility (OEM), a company backed by Ola, has raised ₹17.25 billion (~$250 million) from Tokyo-based SoftBank. SoftBank’s Cayman’s Islands entity, SB Topaz (Cayman) Ltd was allotted 4,326 compulsorily ...