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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By Bharath Rao, Founder & CEO, Emobi The world is on the brink of a technological revolution, and at its forefront lies the age of electric vehicles (EVs). Recent research by Canalys predicts a significant surge in global EV sales, with projections indicating a growth of 29%, reaching 13.7 million units and penetrating 17.1% of […]
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Zen Mobility, an emerging Indian electric vehicle OEM, has announced the inauguration of its state-of-the-art manufacturing plant in Manesar, Gurgaon, signaling a pivotal moment in the company’s growth trajectory. This innovative facility is poised to revolutionize urban mobility by ramping up production to meet the escalating demand for sustainable micro-mobility solutions. Situated on a sprawling […]
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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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Greaves Electric Mobility Private Limited (GEMPL), the e-mobility arm of Greaves Cotton Limited, has introduced its first high-performance family electric scooter, the Ampere Nexus, starting at INR 1,09,900 (ex-showroom). Ampere Nexus is entirely designed, developed, and manufactured in India, featuring multiple first-ever innovations and class-leading specifications. The Ampere Nexus comes in four attractive colours: Zanskar […]
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Odysse Electric, a trailblazer in the electric two-wheeler industry, has unveiled two cutting-edge models, the SNAP High-Speed Scooter and the E2 Low-Speed Model. These innovative additions to the Odysse Electric line-up represent a significant stride towards powering India’s electric vehicle sector. The SNAP high-speed scooter is designed to provide an exciting riding experience without compromising […]
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Piaggio Vehicles Pvt Ltd (PVPL), a subsidiary of the Piaggio Group and a leading Indian manufacturer of small commercial vehicles and electric three-wheeler (3EV) pioneers, has announced a groundbreaking “Battery Subscription Model” for its Apé Elektrik electric 3Ws. Unleashing a New Era for EV Ownership This innovative program aims to revolutionize 3EV ownership by separating the upfront cost […]
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CHARGE ZONE, India’s fastest-growing electric vehicle (EV) charging network, announced that it has secured a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. This investment marks a pivotal milestone in CHARGE ZONE’s mission to revolutionize electric vehicle infrastructure in India. With this new capital injection, CHARGE ZONE is poised to expedite the […]
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Kinetic Green Energy and Power Solutions Limited, a leading manufacturer of electric two and three-wheelers in India, has announced the appointment of Debashis Mitra as the President of the 3-wheeler Business. With a distinguished career spanning over three decades in the Indian automotive sector, Mitra brings invaluable expertise and leadership to Kinetic Green’s ambitious journey. Kinetic Green is a trailblazer in India’s […]
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