Capex for EV components to cross Rs. 25,000 crore in next 3-4 years: ICRA

Spurred by Government support in the form of subsidies, enhanced awareness, and increasing product launches, the electric vehicle (EV) segment in India has seen a significant upturn in prospects over the past two years. A confluence of factors such as improving product portfolio, charging infrastructure, and financing availability and a gradual decline in battery prices […]

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BluSmart crosses milestone of 10 million all-electric rides in India

BluSmart, India’s first and largest EV ride-hailing service and EV charging superhub infrastructure operator, has announced that it has achieved 10 million emission-free rides in just under five years of its operations in India. BluSmart becomes the first in India to successfully complete this significant milestone with EVs reshaping not only the way people commute but also […]

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TVS Motor Company signs MoU with Tata Power

Companies to collaborate on electric two-wheeler charging eco-systemacross the country TVS Motor Company, one of the leading manufacturers of two-wheelers and three-wheelers globally, has entered into a strategic partnership with Tata Power, one of India’s largest integrated power companies. As part of the MoU, the two companies have agreed to drive the comprehensive implementation of […]

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