EVs: Page 2

News and Trends

Oben Electric Raises INR 40 Crore In Extended Pre-Series A Funding

The fund will be used to kickstart deliveries of the newly launched first electric bike by the brand- Rorr, and fulfill the existing orderbook, increase production capacity and enhance distribution network

Business News

'I Make Trucks for Real People': Ford CEO Slams Tesla's Cybertruck

In an interview with CNBC, Jim Farley said his company wasn't threatened by Tesla's entry into the pickup market.

News and Trends

Delta Electronics Acquires TB&C To Expand EV Product Portfolio

The transaction is expected to enhance Delta's EV battery management system (BMS) capabilities by integrating TB&C's technologies with Delta's Component Business Group's automotive component product lines

News and Trends

Revoh Innovations Raises $425,000 In Seed Funding

The company plans to utilize the fund raised to expand the team size and focus on developing specific products that cater to the current needs of the Indian electric vehicle market

News and Trends

Centre To Develop Master App For EV Charging Slots: Report

As per the report, the project is being funded by the Asian Development Bank (ADB) and will be fully owned and operated by the government of India

News and Trends

EV Finance Company Revfin Secures $5 Million Investment From DFC

Revfin plans to utilize the funds for new products and expansion to new geographies

News and Trends

Attron Automotive Raises INR 4.75 Crore Funding

The company plans to use the funds to support its key growth initiatives, including the setup of an assembly line, establishment of a prototyping facility, team expansion, and research and development efforts to drive innovation in existing and new technologies

News and Trends

EV Startup River Raises $15 Million Funding

The newly secured capital is set to boost River's manufacturing prowess and power its upcoming market launch, aiming for deliveries to kick- off in August 2023

News and Trends

FAME II Subsidy Cut; EV Players Set To Hike Price

The committee, set up by the ministry, had recommended certain changes to improve the viability of the development of public charging infrastructure for electric vehicles

News and Trends

Mukesh Ambani-Backed EV Firm Altigreen Expects To Raise INR 700 Crore Funding

The Indian electric cargo vehicle manufacturer reportedly expects to ramp up production and invest in new models

News and Trends

Ola Electric Secures $300 Million Funding At $6 Billion Valuation

The latest fundraise will be used by the company to immediately ramp up its capacity of electric two-wheelers from 0.5 million to 2 million per annum, as per the report

News and Trends

Battery-Tech Startup EMO Energy Raises $1.2 Million In Seed Funding

The startup aims to enable mass adoption across EVs and Energy Storage through its proprietary tech platform ZEN

News and Trends

EV Industry Reacts To FAME II Subsidy Reduction On Electric Two-Wheelers from June

Sources stated that the development comes with a motive that the reduction will help regulators offer benefits to more buyers, and also expecting the electric two-wheelers become more expensive

News and Trends

Tesla Proposes New EV Plant In India: Report

The electric carmaker's renewed interest in India comes nearly a year after it put on hold plans to sell cars in the country after failing to secure lower import taxes, which its CEO Elon Musk said are among the highest in the world

News and Trends

Battery Swapping Startup Esmito Partners With ElectricFuel

As part of the partnership, ElectricFuel will serve as an EaaS operator enabled by Esmito's technology consisting of battery swap stations backed by its smart management platform and mobile app