EV adoption in the commercial segment has continued to increase significantly in the last two years along with an advancing EV ecosystem. The economic and ecological viability of commercial EVs…
financing
Zen Mobility has begun the deliveries of its Micro Pod, a cargo 3-wheeler Light Electric Vehicle (LEV). Pre orders have been received for more than 5000 units. The rollout will…
GreenCell Mobility has signed green financing deal with Standard Chartered Bank to finance their Surat E-Mobility project, making it a notable financing partnership in India’s electric mobility sector. The deal…
Euler Motors has forged a landmark collaboration with the Small Industries Development Bank of India (SIDBI) for the visionary “Mission 50K-EV4ECO” program, aimed at catalyzing the entire EV value chain.…
Greaves Retail has collaborated with Usha Financial Services to offer customer financing within the electric three-wheeler segment. By working together, Greaves Retail aims to extend its reach and make end-customer…
Ashok Leyland has signed a Memorandum of Understanding (MoU) with IDBI Bank to enter into a strategic channel financing partnership for its dealers. This MoU will enable both Ashok Leyland…
Exponent Energy has teamed up with Alt Mobility to lease 1,000 Altigreen neEV Tez electric three-wheelers, powered by Exponent Energy’s charging technology. The Alt Mobility platform offers full-stack integrated fleet…
Gurugram third-party logistics provider, Zyngo EV Mobility has received $5 million in Pre-Series A financing led by Delta Corp Holdings. Apart from Delta, participation from existing investors LC Nueva Investment…
Maharatna company, Power Finance Corporation Ltd (PFC) has approved a loan of ₹633 crores to Gensol Engineering Ltd (GEL) for the purchase of 5000 passenger Electric Vehicles (EVs) and 1000…
Small Industries Development Bank of India (SIDBI) has introduced Mission 50K-EV4ECO to prioritize EV ecosystem development. This is the pilot phase to strengthen the EV ecosystem including uptake for 2-w,…