Tag "electric vehicle"

Chargeup raises 2.5 million USD in pre-Series A funding

By : CIOL Bureau

Chargeup, the company building Bharat’s largest battery-swapping network for electric two-and three-wheelers, has raised 2.5 million USD in pre-Series A funding in a round led by Capital-A and co-led by Anicut Capital.  Other marquee investors who participated in the round included Tiger

US-based battery firm C4V to invest Rs 4,000 Cr in Karnataka

By : CIOL Bureau

US-based C4V is a leading company in the lithium-ion cell manufacturing sector. It will invest over Rs 4,000 crore in the electric battery manufacturing sector in Karnataka. Industries Minister Jagadish Shettar announced the update in a press statement. The company

Evolution of EV Charging in India: Overview, Business Model, Key Factors and Future

By : CIOL Bureau

Moving ahead, the EV sector in India will demand access to efficient charging infrastructure. That is, EV Charging could become a roadblock to electric vehicle uptake. Firstly, Charge Point Operators (CPOs) need to understand what will happen when charging becomes

Delhi EV Policy: Industry Leaders opine what the move to shift in 6 months entails

By : Laxitha Mundhra

Since the launch of the Delhi EV policy in August 2020, 630 new two-wheelers have been registered. It is registering more, the Delhi government said in a statement. But in a forward-moving statement, Transport Minister Kailash Gahlot said that in six

Accelerating the adoption of Electric Vehicles (EV) in the country

By : CIOL Bureau

Can we deduce that pandemics are harbingers of changes? Certainly, they are. While human sufferings cannot be ignored in any way, there is a silver lining to this COVID-19 pandemic. The travel ban resulted in reduced usage of petrol and

Challenges to India’s e-Mobility Goals

By : CIOL Bureau

The Government of India through its instrumentalities has endeavored to push E-mobility. While the “Ministry of New and Renewable Energy” has augmented R&D in Electric vehicles (EVs), the Department of Heavy Industry launched “National Electric Mobility Mission Plan (NEMMP) 2020”

Rise of the Electric vehicle market in India

By : Ashok Pandey

The electric vehicle market is set to grow in a big way owing to the ambitious plans and initiatives of the government. The government has taken a number of steps to incentivize and promote the deployment of electric vehicles and

Why It Makes Sense For India To Bet Big On Electric Vehicles

Vasanth Kamath You might not have been to China, but you probably have heard and read about the air pollution problem out there. When we think of China, the image we get in our heads is of a person wearing

China is said to implement a ban on fossil fuel cars

By : CIOL Writers

Chinese authorities are planning to ban the cars that run on fossil fuels, according to a report in Bloomberg. This move is aimed to encourage local automakers into developing electric cars. Xin Guobin, China’s vice minister of industry and information technology

Ford teams up with China’s Zotye Auto to build electric cars

By : CIOL Writers

Ford has announced that it will set up a joint venture with China’s Anhui Zotye Auto to produce affordable electric vehicles for the Chinese market. In addition to the electric vehicles, the joint venture will also create service infrastructure and

Tesla working on self-driving technology for electric semi truck: Report

By : CIOL Writers

Tesla is working on self-driving technology for its forthcoming electric semi truck, according to a Reuters report. The report, citing Tesla’s correspondence with Nevada Department of Motor Vehicles (DMV), says that the technology would allow the electric semi truck to

ABB riding a $16 mn order for e-buses in Geneva

GENEVA: ABB Group has been awarded orders totaling more than $16 million by Transports Publics Genevois (TPG),