Yulu signs MoU with Government of Karnataka to invest ₹ 1200 crores

 Yulu, India’s market leader in shared electric 2 wheeler Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) businesses, today entered a Memorandum of Understanding (MoU) with the Government of Karnataka re-affirming its commitment to the electric mobility ambition of the State. The MoU was signed by Mr R K Misra, Co-Founder, Yulu, in the presence of the Honorable Chief Minister of Karnataka Shri Basavaraj […]

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Magenta makes strategic investment in Axiom to expand charging capabilities

Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, has confirmed a significant investment into Axiom Energy Conversion Limited, one of India’s leading & oldest EV component manufacturer. Axiom Energy Conversion is a 25-year-old Hyderabad-based company promoted by Mr. M J Purohit in battery chargers and DC converters, focusing on the ever-growing EV industry. […]

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Switch Mobility to set up Advanced Manufacturing and Tech Centre in Spain

Switch Mobility Ltd (‘Switch’), the next-generation net zero carbon electric bus and light commercial vehicle company, is pleased to announce the establishment of a new manufacturing and technology centre in Castilla y León, Spain. With a significant presence already in the UK and India, the new facility will extend Switch’s footprint as part of the […]

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