Folks Motors has announced an ambitious INR 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards…
ev expansion
Ather Energy Limited has improved its capacity for electric two-wheeler research and development by expanding its Product Testing & Validation Center in Bengaluru. The Juggernaut, a 38,692-square-foot facility, emphasises performance,…
Exicom has announced the signing of a Memorandum of Understanding (MoU) with Mufin Green Infra Limited, a leading provider of turnkey project solutions for EV charging infrastructure. The MoU will…
In an attempt to compete with Tesla Inc. and BYD Co. in the largest electric car market in the world, Xiaomi Corp. unveiled a new SUV that it intends to…
Arrow Electronics has announced its support for Indonesia’s homegrown EV maker SAVART Motors in designing and manufacturing high-quality, safe, and affordable electric scooters. The first batch of hundreds of SAVART…
Blue Energy Motors is seeking UDS 100 million in investment to support its entry into the electric vehicle market. Anirudh Bhuwalka, CEO of Blue Energy Motors, told that the fundraising…
Corrit Electric has raised INR 5 crores in funding from Porush Jain, the creator of Sportskeeda.com. As an angel investor and entrepreneur, Jain has expressed confidence in Corrit Electric’s mission…