EVs

Business News

A Tesla Founder Started an EV Battery Recycling Company That's on Pace to Make $200 Million a Year

Tesla co-founder JB Straubel launched Redwood Materials in 2017 to help the industry shift away from mining minerals and bolster the EV industry's sustainability.

News and Trends

RSB Group Sets Long Term Target of INR 10,000 Crore

The company clocked in around INR 3,000 crore last year, and expects to close between INR 3,200 to INR 3,300 crore this year.

News and Trends

How Cleaner Technology is Catching the Eyes of Indian VCs

Whether it be green hydrogen, EVs, solar energy, batteries, or renewable energy, India is becoming a major market for climate-change projects. Sovereign funds and long-term investors are eager to contribute significant sums to initiatives addressing climate concerns.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.

Business News

Researchers Find a Clever Way to Hack Into and Steal Your Tesla

They did it with a simple $169 hacking tool.

Business News

Elon Musk's Tesla Ownership Has Soared to 20.5% and Is Now Worth More Than $120 Billion, New Filing Shows

The SEC filing shows that Musk is not far from reaching the 25% stake he desires.

News and Trends

EV Startup NIKOL EV Raises Undisclosed Amount In Pre-Seed Funding

With this funding, NIKOL EV plans to strengthen its team with experienced professionals and establish a robust backend support system to facilitate business scaling

News and Trends

Ola Electric Raises $140 Million Funding From Temasek

The agreement was signed on Monday and as per reports the fund raised will be deposited in the company's account within four-five days

News and Trends

Ather Energy Raises INR 900 Crore Funding

The company plans to utilize the fund for launching new products and expanding its charging infrastructure and retail network

Business News

Mercedes Just Introduced a New Car With Better Range Than a Tesla

The Mercedes-Benz Concept CLA-Class is scheduled to be on the road by 2025.

News and Trends

Swiggy Partners With Gogoro To Provide EVs In Last-Mile Delivery

The partnership between Gogoro and Swiggy seeks to establish a seamless avenue for riders to adopt sustainable electric transportation

News and Trends

Bluwheelz Raises $500,000 In Seed Funding

The funding will also enable Bluwheelz to invest in advanced technology and innovations, enhance its service offerings, and further strengthen its partnerships with various stakeholders in the electric mobility ecosystem

News and Trends

Temasek To Invest INR 1,200 Crore In M&M's EV Business

The investment will be in the form of Compulsorily Convertible Preference Shares (CCPS) valued at up to INR 80,580 crore

News and Trends

Centre To Recover INR 469 Crore From 7 Electric 2W Makers

Reportedly, the ministry conducted the investigation after receiving anonymous emails alleging that several EV makers were claiming subsidies without complying with the Phased Manufacturing Plan (PMP) rules