Mahindra's new Last Mile Mobility firm 'NewCo' bags ₹ 600 crores from IFC

Global development institution IFC is investing ₹ 600 crores in a new last mile mobility (LMM) company that Mahindra & Mahindra has newly incorporated "NewCo". A...

Read More

MAHLE powering the E-mobility transition in India with motors, controllers

"We are bullish in making India the global hub for manufacturing E2W and E3W motors and controllers, as the country is the largest market for two-wheelers and three-wheelers", said...

Read More

India should aim for 100pc E2W, E3W sales in the next 5 years: Amitabh Kant

At the recently held 'National Dialogue on Emerging Trends in E-Mobility' organized by the Council on Energy, Environment and Water (CEEW) at New Delhi, Amitabh...

Read More

MG Motor to launch 'Comet' smart, city-focussed Electric car in India

Soon after the massive showcasing of electric car line-up at the Auto Expo Motor Show 2023, the MG Motor India has announced that it will be launching its new smart EV 'Comet'...

Read More

Tata, Uber deal to induct 25,000 units of XPRES-T electric cabs in India

India's leading electric car maker Tata Motors has signed an MoU with ridesharing platform Uber India to bring 25,000 units of XPRES–T electric cars into t...

Read More

Commercial EV platform Turno raises $13.8 M to expand operations; repurpose batteries

Indian commercial EV distribution and financing services platform Turno has recently announced a $13.8 million (₹ 112 crores) series A funding. as it scales up its o...

Read More

India finds 5.9 million tons of Lithium reserves in Reasi district of J&K

In a what can be considered as a big reveal for the mineral industry, the Geological Survey of India (GSI) has found a massive deposit of lithium within the Indian territory. ...

Read More

TVS Motor invests in Singapore-based E2W startup ION Mobility

One of India's leading two-wheeler maker TVS Motor Company has announced its association with ION Mobility (ION), the Singapore-based startup developing smart electric mo...

Read More

IESA lauds Budget 2023-24 as forward-looking and growth-oriented

India Energy Storage Alliance (IESA), India's leading clean energy technology industry alliance, has welcomed the Union government's latest budgetary announcements as progress...

Read More

Budget 2023-24: 4 GWh BESS, customs duty exemption to boost EV battery making

The Union Budget for the financial year 2023-24 was presented by the Finance Minister Nirmala Sitharaman at the Parliament today. As per the minister's budget speech, 'Green g...

Read More