Mufin Green Secures $18 Million Loan for EV Financing
The US International Development Finance Corporation has granted Mufin Green a loan of USD 18 million. The 10-year loan will assist the NBFC in financing batteries, chargers, and electric vehicles....
Govt to Release PLI Auto Scheme Incentives from Q4FY25
According to the Ministry of Heavy Industries, the government anticipates that the January–March quarter of the current fiscal year 2025 would see the beginning of the incentives under the production-linked...
BYD Sets Record, Narrows EV Sales Gap with Tesla
China's BYD Co. had a spike in year-end sales last year, reaching 4.25 million passenger cars, closing the gap with Tesla Inc. as the two companies compete for the title...
Hyundai Debuts Creta Electric, Expands EV Portfolio
With the debut of the Hyundai Creta Electric, Hyundai Motor India Limited (HMIL) has made a major advancement in its line of electric vehicles (EVs). In order to satisfy the...
Porsche to Debut in India at Bharat Mobility Expo 2025
The much anticipated debut of Porsche India is scheduled for the Bharat Mobility Global Expo in 2025. In preparation for the launch of a new portfolio of cars, the premium...
AlphaVector’s Ninety One Cycles Hits 3 Million Sales, Expands into EVs
The firm that owns the Ninety One Cycles brand, AlphaVector (India) Pvt. Ltd., has sold over 3 million bicycles, including a record 440,000 in 2024, surpassing a noteworthy milestone. In...
ABZO Motors Drives India’s EV Revolution with Innovation
With the introduction of the ABZO Sigilo, a stylish and cutting-edge electric scooter made for contemporary city commuters, ABZO Motors recently increased the number of EVs in its lineup. The...
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