Electric Vehicle
- India
Indian EV Market projected to grow at over 40 pc CAGR till 2027: Report
Mumbai: The Indian Electric Vehicle (EV) market is expected to grow in the range of 35-40 per cent CAGR till the year 2027, according to a report on Wednesday. The report by…
- News
Homegrown EV firm BluSmart raises Rs 200 cr
New Delhi: Homegrown Electric Vehicle (EV) company BluSmart on Monday said it has raised $24 million (about Rs 200 crore) in its pre-series B round. The new funding will help BluSmart expand…
- Business
EV startup Battery Smart raises $65 million led by LeapFrog Investments
New Delhi: Electric vehicle (EV) startup Battery Smart on Tuesday said it has secured $65 million in a Series B funding round led by LeapFrog Investments. The startup said it will use…
- Middle East
Lucid to set up high-speed charging points in Saudi Arabia
In a significant step, United States (US) based electric car maker Lucid Group and and Electric Vehicle Infrastructure Company (EVIQ) has announced a strategic Memorandum of Understanding (MoU) to set up high-speed…
- Business
French carmaker Citroen joins India’s BluSmart Mobility to deploy 4,000 EV SUVs
Bengaluru: French carmaker Citroen on Monday joined hands with Indian EV company BluSmart Mobility to expand the homegrown firm’s all-electric fleet in the country. The French company and BluSmart Mobility have signed…
- Business
Lamborghini licenses MIT’s Cobalt-free organic battery tech for EVs
San Francisco: Researchers from Massachusetts Institute of Technology (MIT), including one of Indian-origin, have designed a new battery material that could offer a more sustainable, cobalt-free way to power electric cars. Automaker…
- News
Telangana: EV firm ordered to pay consumer Rs 10 L as vehicle caught fire
Hyderabad: The consumer forum has ordered an electric vehicle manufacturer in Telangana to compensate a customer with Rs 10 lakh after his vehicle battery exploded resulting in fire. The commission issued the…
- Business
China’s BYD gears up to topple Musk’s Tesla as world’s top EV maker
New Delhi: Chinese automotive giant BYD has moved one step closer to topple Elon Musk-run Tesla as the world’s top EV manufacturer, after the Shenzhen-based company sold a record 526,000 electric vehicles…
- India
Delhi govt to extend its electric vehicle policy for another three months
New Delhi: The Delhi government has decided to extend its Electric Vehicle (EV) policy, set to expire on Sunday, for another three months, officials said. The policy, notified in August 2020, aimed…
- Technology
Ola Electric raises Rs 3,200 cr to boost EV biz, build cell manufacturing factory
Bengaluru: Ola Electric on Thursday announced it has closed Rs 3,200 crore in funding as part of its equity and debt round from Temasek-led investors and project debt from the State Bank…
- Technology
Toyota, Lexus adopt Tesla’s EV charging standard
San Francisco: Japanese automotive giant Toyota has reached an agreement with Elon Musk-run Tesla to adopt the North American Charging Standard (NACS) on its battery electric vehicles (BEVs) beginning in 2025. Several…
- Middle East
EV readiness: UAE ranks 1st in MENA, 7th in the world
Abu Dhabi: The United Arab Emirates (UAE) has been ranked first in the MENA region and 7th globally in the electric vehicle (EV) readiness index. This came in a report, “Global Electric…
- News
25 TSRTC electric metro luxury AC buses launched in Hyderabad
Hyderabad: The Telangana State Road Transport Corporation (TSRTC) has introduced 25 electric ‘Green Metro Luxury’ AC buses in the city, as a part of a total of 50 green Metro Luxury AC…
- Business
Tesla aims to source automobile parts worth up to $1.9 bn from India this year, says Goyal
New Delhi: Electric vehicle major Tesla Inc plans to source automobile parts worth up to $1.9 billion this year from India, Commerce Minister Piyush Goyal said on Wednesday. The imports will be…
- Telangana
Telangana to establish 3,000 EV charging stations by 2030
Hyderabad: The number of electric vehicle charging stations in Telangana is set to increase to 3,000 by 2030 as part of the state’s efforts to promote electric vehicles. The government has already…
