EKA (Pinnacle Mobility Solutions) has announced that Mitsui & Co., Ltd., a global trading and investment company with a rich history of contributing to industrial innovation, has executed a second tranche investment as a part of the initially announced phased investment, further solidifying their commitment to the rapidly growing electric vehicle (EV) company. This strategic […]
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Aims for 100% conversion of the fleet of trucks in this category over the next 5 years with support from government schemes & policies and in partnerships with OEMs and fleet operators Revfin, India’s pioneering digital lending platform championing sustainable mobility, has announced its collaboration with Kalyani Powertrain Ltd (KPTL), the electric mobility arm of […]
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The funding is for a 350-electric bus project in Uttar Pradesh GreenCell Mobility has secured Green Financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its transformative Electric Bus project in Uttar Pradesh. This transaction not only marks the 1st Project Finance by a Japanese bank in the Electric Mobility domain in India but […]
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TIVOLT Electric Vehicles, a dynamic venture of Murugappa Group and a subsidiary of TI Clean Mobility, plans to launch their e-SCV in the coming months. The launch of the e-SCV will signify the group`s entry into the electric small commercial vehicle space. Once launched, the vehicle is expected to bring about a significant change in […]
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SWITCH Mobility, the EV arm of the Hinduja Group that manufactures electric buses and light commercial vehicles, and KUN Capital Automotive Pvt. Ltd., a leading automotive distributor in Chennai, have inaugurated a new SWITCH dealership at Poonamallee, on the outskirts of Chennai. The grand opening ceremony was graced by the presence of esteemed guests from […]
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Makes e-cargo mobility smarter and greener with higher payload capabilities and an extended range Tata Motors has strengthened its e-cargo mobility solutions with the launch of the all-new Ace EV 1000. Developed to revolutionise last-mile mobility, this zero-emission mini-truck offers higher rated payload of 1 tonne and a certified range of 161km on a single […]
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TI Clean Mobility Private Limited (TICMPL), a subsidiary of Tube Investments of India Limited (TII), has signed definitive documents on 6th May 2024 with South Asia Growth Invest III LLC and South Asia EBT Trust III (collectively “GEF”) to raise a capital of about Rs. 580 Crs. in the form of Equity and Compulsorily Convertible […]
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Kuehne+Nagel globally aims to have 60% low-emission vehicles in its own fleet by 2030 Kuehne+Nagel has partnered with Magenta Mobility to electrify its fleet in India. In this partnership, Magenta Mobility will provide electric vehicles (EV) for Kuehne+Nagel’s road logistics operations in India. As part of its Roadmap 2026 and Vision 2030 to become the […]
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On World Earth Day, global travel-tech leader Flix issues its second voluntary ESG report disclosing its near-term goals for emissions reduction, while highlighting the environmental benefits of collective travel. With more than 81 million passengers in 2023, the company drives sustainable and affordable travel for all with a holistic ESG strategy at the core of its business. […]
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Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG has announced its foray into the Indian battery electric market with the all-electric, Next-Generation eCanter. The market launch of the all-electric eCanter in India demonstrates the company’s first step towards its larger vision to decarbonize its entire product portfolio in the long term. The all-electric eCanter, which […]
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