Tag "electric vehicle"
Chargeup raises 2.5 million USD in pre-Series A funding
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
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
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
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
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
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
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
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
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
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),
