Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M) and Vidyut (VT), have announced a collaboration. MLMML is India’s no.1 electric commercial vehicle manufacturer, having sold more than 2 Lakh EVs. Vidyut is a Bengaluru-based full-stack EV startup focused on making EV ownership more convenient and stress-free. Both the companies […]
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Roadcast, one of the leading SaaS-based logistics automation platforms in India and Accelerated Money for U (AMU), a prominent non-banking financial company (NBFC) in India, specializing in financing electric vehicles (EVs) announce a groundbreaking partnership. In this collaboration, AMU will be implementing Roadcast’s GPS technology in as many of the e-rickshaws they finance as possible. […]
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Altigreen, leading home-grown EV maker, and Mufin Green Finance, a leading financial institution committed to sustainable initiatives, have proudly announced their strategic partnership. This alliance aims to accelerate the adoption of eco-friendly transportation and promote green mobility solutions worldwide. The partnership is aimed at overcoming financial barriers in transitioning to electric mobility by making affordable financing […]
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Ather Energy, India’s leading electric scooter brand, has entered into a strategic partnership with Bajaj Finance Ltd (BFL), part of Bajaj Finserv Ltd, to provide easy financing options to customers of EV two-wheelers. The EV industry has seen substantial growth in the past couple of years. Through this partnership with one of India’s leading and […]
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Greaves Finance Ltd, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd, has introduced a groundbreaking financial platform called “evfin”. This platform aims to revolutionise the world of electric vehicle (EV) financing and more. The Economic Survey 2023 highlights the pivotal role of the automotive industry in the shift towards […]
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Three Wheels United (TWU), a global fintech company for EV financing, has partnered with Zyngo, India’s largest EV logistics platform for the E-commerce industry, to accelerate the adoption of electric vehicles for last-mile delivery. Through this partnership, Three Wheels United will facilitate loans for partner drivers of Zyngo to easily switch from conventional cargo autos […]
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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. […]
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Revfin, India’s largest EV financing platform for individual drivers has closed its Series A round of funding worth $ 10mn in a combination of equity and debt. The funding round was led by Green Frontier Capital (GFC), India’s first-ever VC fund focusing specifically on climate investments, which is managed by Sandiip Bhammer and Rudra Dalmia […]
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Following the news that New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has sought expressions of interest from prospective electric vehicle (EV) suppliers to buy over 100,000 electric two-wheelers, Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view. “The announcement is positive for the […]
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