WEX Venture Capital seeks to invest up to $100M in startups focused on fleet electrification

The Board of Directors of Portland-based WEX on Thursday announced the establishment of its new investment arm, WEX Venture Capital to invest up to $100 million by the end of 2025 ...

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Tata Motors bags 5000 XPRES-T EVs order from Everest Fleet

Indian automaker Tata Motors has recently signed an MoU with Everest Fleet Private Limited for the delivery of 5000 units of XPRES-T electric cars for the latter's cab se...

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Amazon launches first fleet of e-cargo bikes aimed at sustainable deliveries in the UK

To offer more sustainable deliveries, technology giant Amazon has announced that it has launched its first UK micromobility hub in Central London. The company claimed that e-cargo ...

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KORE Power acquires 4.22% stake in EV retrofit startup, ZEVx

US-based manufacturer of battery cell technology, KORE Power, has acquired a 4.22% stake in Arizona-based ZEVx Inc. (formerly Zero Electric Vehicle), an EV retr...

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OSM, Grip Invest join forces, plans leasing 5,000 EVs by 2023

EV manufacturer Omega Seiki Mobility has announced that it has formed a strategic partnership with Grip Invest for lease financing to retail investors, in a bid to cater to the gro...

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BluSmart, Quiklyz join forces for leasing 500 EVs

Mahindra Finance's leasing and subscription unit Quiklyz has announced a partnership with Delhi-based electric vehicle ride-hailing startup, BluSmart Mobility. The former will leas...

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Proterra, Scale Microgrid Solutions to develop solar-battery microgrid supported EV fleet charging

To help power Santa Clara Valley Transportation Authority's (VTA) complete transition to zero-emission bus fleet, Proterra and Scale Microgrid Solutions are coming up with an innov...

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Zomato commits to 100% electric vehicles adoption by 2030

Indian restaurant aggregator and food delivery giant Zomato has announced that it is committing to 100% electric vehicle (EV) adoption by 2030. "We are joining the Climate Gro...

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