News Desk, Author at EV Tech News

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

November 19, 2022November 19, 2022News Desk

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 […]

BorgWarner Celebrates Production Milestone for Inverter and Viper Power Switch

November 19, 2022November 19, 2022News Desk

BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, recently announced major milestones at two of its production facilities. Its Suzhou facility produced its 1,000,000th inverter, while its Singapore facility produced its 13,500,000th Viper power switch. These milestones underscore BorgWarner’s strong capabilities in innovation and production as well as its Charging Forward strategy to drive […]

Altigreen all set to electrify Ahmedabad with 7th dealership

November 18, 2022November 21, 2022News Desk

India’s leading commercial electric vehicle maker Altigreen has inaugurated its brand-new retail experience centre in Ahmedabad. This is the company’s seventh retail dealership in India in a span of 2 months. As per the company, the experience centre will allow EV enthusiasts to access Altigreen’s range of electric cargo vehicles. For the partnership, Altigreen opted to go with Garnet Motors […]

HEG Limited to invest Rs. 1,000-cr to manufacture anode for Li-ion batteries

November 17, 2022November 17, 2022News Desk

HEG Ltd, an LNJ Bhilwara group company, commemorating its golden 50th year in synthetic graphite manufacturing, has announced plans to invest INR 1000 Cr (appx.) over the next 3 years to set up a manufacturing facility of graphite anode for lithium–ion batteries. The upcoming plant will cater to 10-12 GWh of cell manufacturing capacity and […]

STFC partners with Euler Motors for EV 3-wheeler financing

November 17, 2022November 21, 2022News Desk

Shriram Transport Finance Company Limited (STFC), a part of the Shriram Group and one of India’s largest asset financing companies, has tied-up with Euler Motors to finance electric 3-wheeler cargo vehicles for last mile logistics solutions. The partnership is in line with the objective of a green and sustainable future that Shriram has embarked upon in 2022. […]

Mahesh Babu becomes CEO of Switch Mobility

November 11, 2022November 17, 2022News Desk

Switch Mobility Ltd., the next-generation carbon neutral electric bus and light commercial vehicle company, has announced the elevation of Mahesh Babu as the CEO of Switch. Dr. Andy Palmer, at his request, is stepping down as Vice Chairman and CEO for personal reasons. To maintain continuity of strategy and execution of plans, the Board has approved […]

Amazon India and TVS Motor Company announce partnership to strengthen electric mobility

November 9, 2022November 12, 2022News Desk

Amazon India and TVS Motor Company today announced a strategic engagement to strengthen electric mobility, electric infrastructure and connected services. As part of this collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries. In addition, the two companies will work in tandem to examine EV use cases […]

BPCL awards major project to Servotech to help build India’s EV Tech Infrastructure

November 8, 2022November 12, 2022News Desk

Servotech Power Systems Ltd., an NSE-listed leading manufacturer of EV Charging solutions has been awarded a major project by Bharat Petroleum Corporation (BPCL) to supply and install 800 units of DC fast EV Chargers at different locations across the country in the next four months. The project execution which involves supplying a series of EV […]

Greencell receives $55 mn sanction and $5.2 mn grant for safer e-buses in India

November 7, 2022November 12, 2022News Desk

The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB) and Clean Technology Fund (CTF) signed a $55 million financing package with GreenCell Express Private Limited (GEPL) to develop 255 electric battery-powered buses (e-buses) to serve 5 million people a year on 56 intercity routes in India and enhance the safety of passengers, especially women, […]

eRise Drive Electric plans aggressive dealership expansion in India

November 7, 2022November 7, 2022News Desk

After its announcement into the Indian markets, eRise – Drive Electric, the automotive arm of KL group, focuses on an aggressive roadmap for expanding its dealer network in India. The company announces its ‘eRise Partner’ program and has set its goal at 200+ dealers across 175+ locations in India. eRise manufactures long-range, high-performance electric two-wheelers explicitly […]

Author: News Desk