Climate Angels invests in Clean Electric, helps raise $ 2.2M in seed funding

 Climate Angels has invested in Clean Electric, an innovative energy storage solutions start-up, and also helped them raise $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital firm based in Bengaluru. The round also saw participation from LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Clean Electric’s proprietary battery technology seeks to […]

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Mercedes-Benz appoints Lance Bennett as Vice President, Sales & Marketing for India

India’s largest luxury carmaker Mercedes-Benz India today, announced an organizational change in its Sales & Marketing function effective from 1st February, 2023. Lance Bennett, currently associated as the General Manager and Company Director, Mercedes-Benz New Zealand, responsible for Sales, Marketing and After Sales Support for Passenger cars, will be appointed as the Vice President, Sales […]

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Ather announces partnership with IDFC bank to offer EV financing option to customers

Ather Energy, India’s first smart electric scooter manufacturer, has announced its partnership with IDFC bank to offer a first-in-the-industry EV financing option to its customers. Now, consumers have an easy option to upgrade and own a much smarter and faster Ather 450X scooter by incurring the same monthly expense as that of a conventional petrol scooter. […]

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MT Autocraft partners with EMTC to manufacture multi-speed EV powertrain

MT Autocraft, the parent company of the MTA E-Mobility (MTA EV) has inked a joint venture (JV) with Korean technology major EMTC ((http://emtcgo.co.kr) to manufacture automatic powertrain for electric two-wheeler and three-wheeler, the company announced at an event here.  This follows the Indian auto component maker’s recent diversification into electric mobility with an investment of […]

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Rapid technological advancements, digitalization drives growth in the Indian Automotive aftermarket segment

Industry leaders from the Automotive Aftermarket Industry in a Panel Discussion at the CII’s Auto Serve 2022 Conference were buoyant over the rapid technological advancementsand were optimistic that the Aftermarket industry would remain competitive thanks to digitalization that would drive growth of the sector. Trends indicate that end users though a small number today, are […]

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