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India offers $500 billion investment opportunity in clean energy, time to tap skilled youth

India offers $500 billion investment opportunity in clean energy, time to tap skilled youth

Mon, Jul 01, 2024

Sunil Barthwal, Secretary, Ministry of Commerce and Industry, said the country is currently producing 21 million cars every year.

Musashi India begins mass production of e-Axles for EV two-wheelers

Musashi India begins mass production of e-Axles for EV two-wheelers

Mon, Jun 24, 2024

The company said it plans to invest a total of Rs 160 crore in its EV business in phase I. This significant investment will be used to establish new assembly lines for EV transmission components and upgrade existing facilities.

BII bullish on Indian EV ecosystem, expects to invest $300 million in 3 years: MD Abhinav Sinha

BII bullish on Indian EV ecosystem, expects to invest $300 million in 3 years: MD Abhinav Sinha

Sun, Jun 23, 2024

The company, which has backed Mahindra group's electric vehicles (EV) arm besides other startups like Euler Motors, Turno and Battery Smart, has already invested around $300 million in the Indian EV sector and sees further investment opportunities in EV manufacturing, components and financing segments in the country.

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Mitsui increases investment in EKA Mobility to support expansion, innovation in EV sector

Mitsui increases investment in EKA Mobility to support expansion, innovation in EV sector

Thu, Jun 20, 2024

This strategic infusion of capital will be directed towards capital expenditures (Capex) and working capital, supporting EKA Mobility's continued expansion and innovation in the EV sector.

Hyundai to start manufacturing IONIQ 5 electric SUVs at new Georgia plant this fall

Hyundai to start manufacturing IONIQ 5 electric SUVs at new Georgia plant this fall

Tue, Jun 18, 2024

It was the first time the South Korean automaker has identified which model of electric vehicle it will produce at its $7.6 billion EV and battery plant west of Savannah.

EV startup Battery Smart raises $65 million led by LeapFrog Investments

EV startup Battery Smart raises $65 million led by LeapFrog Investments

Tue, Jun 11, 2024

The startup said it will use the capital to scale its dense battery-swapping network across the country and drive more electric mobility adoption.

India offers $500 billion investment opportunities in clean energy, other sectors by 2030

India offers $500 billion investment opportunities in clean energy, other sectors by 2030

Thu, Jun 06, 2024

The meeting, which started on Wednesday, brought together the region's top investors, clean economy companies, and start-ups to mobilise investments into sustainable infrastructure, climate technology, and renewable energy projects.

Turno raises $6 million in a Series A round co-led by Bill and Quona Capital

Turno raises $6 million in a Series A round co-led by Bill and Quona Capital

Thu, May 30, 2024

Turno CEO Hemanth Aluru said the biggest challenge for the EV segment is increasing the awareness level of these vehicles and creating a framework for the resale of these units.

EV-maker Euler Motors raises Rs 200 crore to expand its operations to over 40 cities

EV-maker Euler Motors raises Rs 200 crore to expand its operations to over 40 cities

Wed, May 29, 2024

The company said that it will use the fresh capital to scale its pan-India presence and servicing infrastructure and establish a presence in over 40 cities by FY25.

Govt to hold 2nd meet with stakeholders to issue draft guidelines for new EV policy

Govt to hold 2nd meet with stakeholders to issue draft guidelines for new EV policy

Mon, May 20, 2024

Under the policy, the official said when the automobile manufacturers apply for the scheme, the government will give them an eligibility certificate.

Mahindra & Mahindra to invest Rs 12,000 crore in its EV unit

Mahindra & Mahindra to invest Rs 12,000 crore in its EV unit

Thu, May 16, 2024

The revenue from operations of MEAL for FY24 was nil, the company informed.

20 energy firms create alliance for EV charging via UPI-like system in India

20 energy firms create alliance for EV charging via UPI-like system in India

Fri, Apr 19, 2024

Aimed at facilitating seamless payment and transaction interoperability within EV charging networks

World's fastest accelerating e-car unveiled at Hyderabad E-Motor Show

World's fastest accelerating e-car unveiled at Hyderabad E-Motor Show

Fri, Feb 10, 2023

Designed, developed, and made by Automobili Pininfarina, the Italian luxury car brand wholly owned by Mahindra & Mahindra, the Battista combines the pinnacle of legendary Italian design and unprecedented EV performance.

Hero MotoCorp joins hands with BPCL to set up charging infra for two-wheeled EVs

Hero MotoCorp joins hands with BPCL to set up charging infra for two-wheeled EVs

Tue, Feb 22, 2022

Hero MotoCorp on Tuesday said it has joined hands with Bharat Petroleum Corporation Ltd (BPCL) to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country.

Dalal Street Voice: Large cap equities can deliver 10%-14% return per annum: Pradeep Gupta of Anand Rathi Group

Dalal Street Voice: Large cap equities can deliver 10%-14% return per annum: Pradeep Gupta of Anand Rathi Group

Mon, Jan 31, 2022

In an interview with Zeebiz's Kshitij Anand, Gupta said it is important that portfolio strategy is driven by long-term goals and objectives rather than shorter-term market movements and sentiments.

Bajaj Auto’s export is expected to be over 20% in FY23: Rakesh Sharma, ED

Bajaj Auto’s export is expected to be over 20% in FY23: Rakesh Sharma, ED

Fri, Jan 21, 2022

Rakesh Sharma, Executive Director, Bajaj Auto Ltd, talks about Q3FY22 numbers, export market, and plans related to the electric vehicle space among others during an interview with Swati Khandelwal, Zee business.

EV sales in India to touch 10 lakh units this year, says Society of Manufacturers of Electric Vehicles

EV sales in India to touch 10 lakh units this year, says Society of Manufacturers of Electric Vehicles

Thu, Jan 06, 2022

Sales of total electric vehicles in India are expected to be around 10 lakh units this year, equal to what was sold collectively in the last 15 years, mainly riding on the good traction witnessed by electric two-wheelers, Society of Manufacturers of Electric Vehicles (SMEV) said on Thursday.

We see increased interest of Indian investors in US markets in sectors like AI and Robotics: Sitashwa Srivastava of Stockal

We see increased interest of Indian investors in US markets in sectors like AI and Robotics: Sitashwa Srivastava of Stockal

Thu, Jan 06, 2022

For 2022, we foresee an increased interest in sectors like AI and Robotics, Sitashwa Srivastava - Co-Founder & Co-CEO - Stockal – said in an interview with Zeebiz’s Kshitij Anand.

Sector Outlook 2022: Maruti Suzuki will announce a substantial price increase in a few days: Shashank Srivastava, Senior Executive Director

Sector Outlook 2022: Maruti Suzuki will announce a substantial price increase in a few days: Shashank Srivastava, Senior Executive Director

Tue, Jan 04, 2022

Shashank Srivastava talks about expectations from 2022, market share and plans related to SUV segment, Export market, price hike plans and product launch plans among others during an interview with Swati Khandelwal, Zee Business.

150% in 1 Year! This Rakesh Jhunjhunwala-owned stock gets rating downgrade; what should investors do?

150% in 1 Year! This Rakesh Jhunjhunwala-owned stock gets rating downgrade; what should investors do?

Tue, Jan 04, 2022

Ace investor Rakesh Jhunjhunwala holds 1.1 per cent stake in Tata Motors or 3.6 cr shares at the end of the September quarter.

Hero Electric joins Log 9 Materials for 15-minute EV charging

Hero Electric joins Log 9 Materials for 15-minute EV charging

Tue, Dec 14, 2021

Hero Electric on Tuesday announced a partnership with Bengaluru-based battery technology startup Log 9 Materials, to offer its battery packs for the entire range of EVs. The integration of Log 9`s `RapidX` batteries can fully charge Hero Electric 2W within 15 minutes.

Wow! Meet ARC Vector, world’s most advanced electric motorcycle; amazing photos here

Wow! Meet ARC Vector, world’s most advanced electric motorcycle; amazing photos here

Fri, Nov 30, 2018

Are you a bike freak? Love your high performance petrol guzzling monster bikes? If the answer is yes, then get set to be zapped by this ecologically responsible, super-powerful speed freak monster of a bike! Meet, ARC Vector, world’s most advanced electric motorcycle!

Second EV product in India could be a smaller SUV: Hyundai

Second EV product in India could be a smaller SUV: Hyundai

Sun, Oct 28, 2018

South Korean auto major Hyundai could bring in a smaller electric SUV to India after assessing the response for its bigger Kona electric SUV which it plans to introduce in the country next year, a top company official said.

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