BillionE Mobility, a leading E-Mobility-as-a-Service platform, has successfully raised $25 million in growth capital through a combination of equity and debt financing to scale its electric truck operations across India’s…
electric vehicles
Indofast Energy has entered into a strategic partnership with Mumbai Metro Rail Corporation Limited (MMRCL) to deploy 23 battery-swapping stations along the Mumbai Metro Aqua Line 3 corridor, marking a…
Ola Electric has expanded beyond electric vehicles with the launch of its first residential battery energy storage system (BESS), Ola Shakti, marking the company’s formal entry into India’s home energy…
NUVVE JAPAN K.K., headquartered in Minato-ku, Tokyo, has secured the rights to install and operate a grid-scale battery energy storage system (BESS) in Oyada, Mino City, Gifu Prefecture. The project…
The Tamil Nadu government has announced a two-year extension of its 100% road tax exemption for all battery-operated vehicles, effective from 1 January 2026 to 31 December 2027, in a…
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, launched on 29 September 2024 with an outlay of ₹10,900 crore, has achieved significant progress in promoting electric…
Exide Industries Ltd has reinforced its commitment to India’s lithium-ion battery manufacturing sector by investing Rs 180 crore (~$20.04 million) in its wholly-owned subsidiary, Exide Energy Solutions Ltd (EESL), through…
The Kerala State Electricity Board (KSEB) has invited expressions of interest (EoI) from charge point operators (CPOs) for setting up public electric vehicle (EV) charging stations under Category C of…
In a significant step toward cost-effective and safer energy storage solutions, the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an autonomous R&D centre under the Department…
Ford Motor Company announced a series of strategic actions to strengthen its Ford+ plan, redeploying capital to meet customer demand and drive profitable growth. The company will focus on higher-return…