Rising electric vehicle penetration to drive significant investment in battery cell manufacturing: ICRA

The battery manufacturing segment remains a critical cog in the overall EV ecosystem development and is garnering a lot of attention. Spurred by Government support in the form of subsidies, enhanced awareness and increasing product launches, the electric vehicle (EV) segment saw a significant upturn in prospects in FY2022. EV penetration across automotive segments is […]

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NueGo launches premium electric inter-city coach services across 5 cities

NueGo, India’s first premium electric inter-city coach services brand, has announced the launch of its operations by commencing its services on the Bhopal-Indore route. Aimed at the new age traveler, NueGo, the flagship inter-city pan Indian electric mobility coach brand of GreenCell Mobility, will deliver an easy booking experience, exceptional ride quality and in-cabin experience for […]

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Chris Sacca’s Lowercarbon Capital and Toyota Ventures invest in an $11M Series ‘A’ round in River, a Bangalore-based Electric Mobility Startup

River, a Bangalore-based startup who are into electric two-wheelers, has announced an $11 million Series A fundraise led by Chris Sacca’s Lowercarbon Capital in participation with Toyota Ventures, bringing the total funding to $13 million (100 Crore INR). With this funding, the company plans to expand its team, invest further in R&D, set up a […]

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MG Group sets up EV Park in Telangana

The facility, which will support start-ups in the electric vehicle (EV) space, was inaugurated by KT Rama Rao Garu, Minister for Municipal Administration and Urban Development, Industries and Commerce and Information Technology, Government of Telangana MG Group with its expertise in bus and coach building recently announced the setting up of an EV Park through […]

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