two-wheelers

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EV Manufacturer Kinetic Green Raises $25 Million from GPC

Electric vehicle (EV) manufacturer Kinetic Green secured a ₹2.09 billion (~$25 million) investment from private equity firm Greater Pacific Capital (GPC), as part of an...

August 12, 2024

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Tina Freese

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Electric Vehicles

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Finance and M&A
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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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Arshreet Singh

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Electric Vehicles

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Press Releases
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Government to Cut Electric Two-Wheeler Subsidy to ₹10,000 From June

At a time when the sales of electric vehicles, especially two-wheelers (e-2W), were seeing an upsurge, the government has slashed the subsidy for e-2Ws from ₹15,000...

May 22, 2023

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Gourav Mishra

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Electric Vehicles

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Market & Policy
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Neuron Energy to Invest ₹500 Million in Increasing Lithium-Ion Battery Production

Neuron Energy, a Mumbai-based lithium-ion battery manufacturer, will invest ₹500 million ($6.04 million) to increase production capacity. The investment will be split...

December 13, 2022

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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iVOOMi to Invest ₹2 Billion in Electric Two-Wheeler Manufacturing

Electric two-wheeler maker iVOOMi Energy has announced an investment of  ₹2 billion (~$25 million) in electric two-wheeler manufacturing and related research and...

July 26, 2022

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Peer Mohamed Azees

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Electric Vehicles

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Grid
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Demand Incentives Key for Greater Adoption of Electric Two-Wheelers: NITI Aayog

Electric two-wheelers sales could touch 22.02 million in financial year (FY) 2031 if battery costs reduce by 8% CAGR, vehicle power increases by 20% by FY 2024, and...

June 29, 2022

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Electric Vehicles Sales Decline 20% YoY in FY 2020-21

The Society of Manufacturers of Electric Vehicles (SMEV) has said 236,802 electric vehicles (EV) were sold in India in financial year (FY) 2020-21, registering a drop of...

April 23, 2021

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Staff

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Electric Vehicles

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Grid
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Electric Two-Wheelers Can Now Operate as Taxis

According to the latest motor vehicle aggregators guidelines, the government will now allow two-wheelers running on electricity or alternate fuels (such as bio-ethanol)...

December 1, 2020

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Rahul Nair

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Electric Vehicles

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Grid
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Gujarat Seeks Manufacturers for 5,000 E-Rickshaws and 10,000 Electric Two-Wheelers

The Gujarat Energy Development Agency (GEDA) has invited bids for manufacturers to market and distribute 5,000 battery-operated three-wheelers with lithium-ion batteries...

November 3, 2020

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Students in Gujarat Can Buy Cheaper Electric Vehicles through State Subsidies

Gujarat Chief Minister Vijay Rupani announced that the state government would offer subsidies to encourage battery-operated two-wheelers and three-wheelers. Students...

September 21, 2020

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Rahul Nair

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Electric Vehicles

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Grid
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Gujarat Announces Subsidy on Battery-Operated Vehicles for Students

To promote eco-friendly vehicles, the government of Gujarat has implemented a program for the distribution of battery-operated vehicles (BOVs), especially two-wheelers...

January 20, 2020

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Anjana Parikh

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Electric Vehicles

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Grid
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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...

September 17, 2019

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Anjana Parikh

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Mercom Research Focus

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Other
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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...

July 24, 2019

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Saumy Prateek

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Electric Vehicles

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Grid

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