EV makers to bet $20 billion on South and Southeast Asia, says report

The building of an electric car industry in South and Southeast Asia (SSEA) will be expensive. It will involve execution risk typical for cross-border expenditure, where entities will try to anticipate shifting poli...

Greaves Cotton appoints Ramachandra Puttanna as Business Head

Greaves Cotton Limited, a leading diversified engineering company, has announced the appointment of Ramachandra Puttanna as the new Business Head for EV Solutions & New Businesses within Greaves Retail.

Evfy forays into EV charging; Installs 1st EV charging station in Delhi NCR

EVFY, an emerging start-up for electric automotive solutions, has announced its entry into the EV charging infrastructure space by installing its first Electric Vehicle (EV) charging station, marking a major step in...

Chandigarh leads in EV adoption, charging infrastructure in India

HERE Technologies, the leading location data and technology platform, in collaboration with SBD Automotive, a global automotive research firm, unveiled anElectric Vehicle (EV) Index for India.

BYD India celebrates 11 Years of Electric Mobility

BYD India, a subsidiary of the world's leading New Energy Vehicles (NEV) manufacturer BYD, marks its 11th anniversary of its electric mobility journey in India since the arrival of its first electric bus in Chennai ...

Amazon partners Gentari to deploy new electric vehicles in India

Amazon India and Gentari Green Mobility Business (Gentari) announced a strategic fleet management partnership with the goal of boosting zero-tailpipe emission deliveries in India.

Kazam secures $8 Million in Series A3 funding led by Vertex Ventures SEA & India

Kazam, global technology enabler for e-mobility, has successfully raised $8 million in its Series A3 funding round, led by Vertex Ventures Southeast Asia and India.

GLIDA Inaugurates largest EV charging hub in Hyderabad

GLIDA, one of India's leading public EV Charge Point Operators (formerly known as Fortum Charge & Drive India), announced the inauguration of its largest electric vehicle charging hub in Hyderabad with 102 charging ...

Brakes India, ADVICS join hands for advanced braking products in India

Brakes India, a TSF Group company and India’s leading braking systems manufacturer together with ADVICS, an AISIN Group company and Japan’s leading premium brake system supplier, plan to form a joint venture to desi...

BorgWarner supplies eTVD system to Polestar BEV SUVs

BorgWarner is first-to-market with its electric Torque Vectoring and Disconnect (eTVD) system for battery electric vehicles (BEVs) with launches for Polestar and an additional major European OEM.

BYD rolls off 7 millionth New Energy Vehicle

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the Denza N7, symbolizing another g...

MG Motor India is now JSW MG Motor India Pvt Ltd

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B ...

Significant lack of female representation, says CEO of Oben Electric

On International Women’s Day 2024, Madhumita Agrawal, Founder and CEO of Oben Electric noted that the Indian auto industry faces a critical challenge: a significant lack of female representation, particularly in lea...

Zypp Electric plans to empower 2000 women riders

In celebration of International Women's Day, Zypp Electric, India's leading tech-enabled EV-as-a-service platform, announced a pioneering initiative to empower women within the green mobility sector.

Asiabrake 2024 explores latest advancements, trends in brake systems engineering

Asiabrake 2024, the 10th Annual Conference & Exhibition has brought together industry leaders, experts, and enthusiasts to explore the latest advancements and trends in brake systems engineering.

Honda India Group of Companies showcase technological excellence

Honda’s group of companies in India, comprising Honda Motorcycle & Scooter India (HMSI),Honda Power Pack Energy India (HEID), Honda Cars India Limited (HCIL)& HIPP (Honda India Power Products) is participating in th...

Big thrust on strengthening  EV ecosystem in Interim Budget 2024-25

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

Altair collaborates with Indian Institute of Technology Madras on EV tech

Altair, a global leader in computational science and artificial intelligence (AI), announced its collaboration with the Indian Institute of Technology (IIT) Madras to establish an eMobility simulation lab on the ins...

Hyundai focus on global hydrogen ecosystem, carbon-neutral activities

Hyundai Motor Group held its 2024 New Year address at Kia AutoLand Gwangmyeong, the first dedicated electric vehicle (EV) plant in Korea, looking forward to the year ahead and outlining the Group’s key areas of focu...

Tata Passenger Electric Mobility inaugurates exclusive TATA.ev stores

Tata Passenger Electric Mobility (TPEM), a subsidiary of Tata Motors launched its Tata.ev stores, catering solely to EV customers, in the prominent auto hubs of Sector 14 and Sohna Road, Gurugram. These stores will ...

Hyundai Motor, Kia strengthen power semiconductor supply

Hyundai Motor Company and Kia Corporation signed a strategic partnership with Infineon Technologies AG,a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand ...

BMW Group India records best-ever year to date performance for all brands

After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January – September) – for all three brands – BMW, MINI and BMW Motorrad. In th...

Honda, Mitsubishi Corporation, sign MoU to explore new businesses in EV age

Honda Motor Co and Mitsubishi Corporation (MC) have announced the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of ...

Electric Vehicles penetration in India will reach 50pc by FY33: Axis Capital

Electric Vehicles (EV) penetration in India will reach 50pc by FY33 led by strong and sustained government support. Moreover, incentives of Rs 1.8 trillion over FY 24-28E would lead to battery demand of 250Gwh and e...

Premium electric motorcycle startup Raptee raises $3 million

Premium electric motorcycle startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital

Revamp Moto begins production of 120 bikes at Nasik microfactory

Revamp Moto, a modular electric two-wheeler manufacturer, announced the launch of commencement of production of the first 120 bikes called the RM Buddie 25 at India’s first microfactory and the company’s facility in...

BYD India celebrates 10th year anniversary of EV journey

BYD India, a subsidiary of the world's leading New Energy Vehicles (NEV) manufacturer BYD, celebrated its 10th year anniversary in the Electric Vehicle (EV) segment in India, a significant milestone of its 16+ years...

Mahindra unveils new visual identity for Born EVs

Mahindra Electric Automobiles Limited (MEAL), a newly set-up subsidiary of Mahindra & Mahindra, pioneers of the SUV segment in India, unveiled a powerful and distinctive new visual identity for its forthcoming range...

Government to continue FAME subsidy

The government is continuing with the FAME subsidy to bridge the price difference in EV

Maruti Suzuki Board approves acquiring shares of SMG from SMC

The Maruti Suzuki Board approved termination of the contract manufacturing agreement and exercising the option to acquire the shares of Suzuki Motor Gujarat Pvt Ltd (SMG) from Suzuki Motor Corporation (SMC) subject ...

Seven automakers unite to create charging network across North America

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

BYD India partners with Bajaj Finance to offer finance solutions for vehicles

BYD India, a subsidiary of the world's leading New Energy Vehicle manufacturer BYD, announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Ltd...

Japan’s Musashi Seimitsu Industries announces E-mobility foray in India

Musashi India, a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has announced its foray in the E-mobility spa...

SMEV petitions NGT to support Green Tax on ICE 2 wheelers

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

EV battery manufacturing to drive demand for 2,400 acres of land by 2030:CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

e-Sprinto sets ambitious plans to sell 10,000 electric 2W by 2023 fiscal end

e-Sprinto has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Thus far, the bootstrapped startup has successfully sold over 5500 units of its innov...

Retail auto sales records 10pc growth YOY, reveals FADA May 2023 data

Overall, the Indian automobile market has witnessed a resurgence across the various segments for the month of May 2023. This was revealed in the retail sales figures announced by the Federation of Automobile Dealers...

Electric two wheeler industry besieged with woes of a strange kind

Usually every industry has a body that represents the genuine grievances, fears and wishes of companies it represents. The Society of Indian Automobile Manufacturers (SIAM) represents OEMs (vehicle manufacturers) op...

SAIC of China to give up majority equity stake in MG Motor India

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

Sun Mobility to power 50000 food delivery vehicles for Zomato

Sun Mobility, the leading provider of energy infrastructure and services for electric vehicles (EVs), has entered into an association with Zomato, an online ordering and food delivery platform, to power 50,000 elect...

BYD India celebrates 16th year anniversary

BYD India, a subsidiary of the world’s leading new energy vehicle manufacturer, is celebrating 16th Year Anniversary in India. In the past 16 years, the company has played a significant role in accelerating NEV adop...

India should make 2, 3 wheelers sales 100% electric in next 5 years: Kant

“India should target making two and three-wheelers sales 100% electric in the next five years. This will not only help reduce air pollution but also ensure that we become a global manufacturing champion for electri...

Kabira Mobility, Al-Abdulla Group to make Rs 300 cr Investment in EV plant

In a joint venture partnership with Al-Abdullah Group, Qatar, Kabira Mobility, the company behind KM3000 and KM4000, India’s fastest and longest riding bikes on road, announced its investment of Rs 300 crore in the ...

MG Motor India to upskill over 25,000 students in four years under MG Nurture

MG Motor India signed MOUs with 22 colleges as part of its MG Nurture programme to upskill more than 25,000 students in four years. MG Nurture is an initiative that intends to impart future-ready skills to students ...

59 products launched, unveiled on Day 1 of Auto Expo 2023

On the first media day at the Auto Expo 2023 in Greater Noida, vehicle exhibitors in total launched and unveiled over 59 products, including both global and India premier.

Sona Comstar acquires 54pc stake in sensors, software company Novelic

Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has signed an agreement to acquire a 54% equity stake in Novelic, a Serbia-based company found...

Indian Auto Component Industry grows 34.8pc in first-half of 2022-23

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry has announced the findings of its Industry Performance Review for the first ha...

Mahindra to locate EV manufacturing plant in Pune, Maharashtra

Mahindra & Mahindra (M&M Ltd.), one of India’s leading automotive companies, has announced that their investment of Rs. 10,000 crore for electric vehicles has been approved under the Maharashtra Government’s industr...

Tata Motors, Everest Fleet MoU for delivering 5000 XPRES-T EVs

Keeping the vision of a clean and green environment alive, Tata Motors, India’s leading automobile manufacturer and the pioneer of the EV evolution in India, signed an MoU with Everest Fleet Private Limited for the ...

Apollo Tyres inaugurates advanced R&D tyre testing facility

Apollo Tyres has inaugurated an advanced tyre testing facility, which is housed at its Global R&D Centre, Asia in Chennai, India. The new facility will help improve upon the efficiency and effectiveness of product d...

Lectrix EV plans 300 dealerships by mid-2023

Lectrix EV, the electric mobility arm of SAR Group, said that it will expand its network in India by adding 300 dealerships by mid-2023. The electric two-wheeler company, which started operations earlier this year, ...

EV startup EVeium to open 100 plus showrooms pan India by 2023 end

EVeium, manufacturer of high-speed electric two-wheelers, has announced aggressive plans to open 100-plus showrooms pan India by the end of the year 2023.

Tata Motors celebrates production milestone of 50,000 EVs

India has embraced the EV revolution and this has driven Tata Motors, India’s leading automotive brand to a key milestone – the rollout of 50,000th EV in the country. The company rolled-out its 50000th EV, from its ...

Lanxess, Kautex Textron develop safe battery enclosures for EVs

Technical plastics such as polyamide 6 offer numerous benefits for the design of battery enclosures for electric vehicles – in terms of sustainability, manufacturing costs, weight savings and economical functional i...

Delta emerges as a major player in e-mobility sector worldwide

Delta, a global leader in power and thermal management solutions, has emerged as a major player in the e-mobility sector worldwide. Over the last few years, as one of the prominent leaders in EV (electric vehicles) ...

BLive partners with Elocity, Canada to boost EV charging network

BLive, India’s first multi-brand electric vehicle (EV) selling platform, and Elocity, a leading Canada-based pioneer in EV charging technology solutions have signed a Memorandum of Understanding (MoU) to partner on ...

Mercedes-Benz Research and Development India nurtures Evnnovator

Mercedes-Benz Research and Development India (MBRDI) is nurturing Evnnovator, a startup that aims to transform the EV industry by providing a comprehensive EV charging experience to the end-users.

Mahindra inaugurates state-of-the-art EV design studio in UK

Mahindra& Mahindra formally inaugurated its new design centre of excellence in the UK, Mahindra Advanced Design Europe (M.A.D.E), which will serve as the conceptual hotbed for the company’s portfolio of EV products.

Mecwin India to set up components manufacturing plant in Karnataka

Mecwin India, one of the fastest-growing EV startups in the country is going to invest Rs. 50 crore for setting up one of the largest manufacturing plants for EV motors and controllers in Karnataka.

Two-Wheeler Electrification in India: Challenges & Opportunities

India has the world’s largest and fastest growing two-wheeler market. It is the cheapest and quickest form of local travel. Forecasts peg the number of vehicles sold annually to reach 26.6 million units by 2025.

Flipkart Group commits to Net Zero carbon emissions by 2040

The Flipkart Group, India’s homegrown internet ecosystem, has committed to setting an ambitious Net Zero target, to decarbonise its own operations by 2030 and the larger value chain by 2040.

In a first, electric car Nexon EV from Tata Motors catches fire

A Tata Nexon electric car caught fire in Vasai area in Mumbai, Maharashtra late June 22, 2022. Incidentally, the Nexon EV is the highest selling electric car in India. Though in the recent past there have been sever...

Ellysium Automotives launches EVeium EV two-wheeler brand in India

Ellysium Automotives, the auto arm of United Arab Emirates based group company META4 Group, has announced the launch of its EV two-wheeler brand in India – EVeium.

iCreate launches EVangelise’22, India’s largest EV innovation challenge

iCreate (International Centre for Entrepreneurship and Technology) India's leading innovation-based start-up incubator announced the launch of EVangelise’22 - India’s largest EV innovation challenge, in partnership ...

Komaki to set up 45000 charging points across India by end 2023

The electric vehicle division of KLB Komaki, known for producing powerful and sporty electric two-wheelers is now ready to charge up India’s EV infrastructure with high-end peer-to-peer charging points across the le...

Okinawa Autotech to set up third ‘mega’ plant in Rajasthan for EVs

Okinawa Autotech, India’s No-1 selling electric two-wheeler brand has announced the setting up of a mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt made ...

BPCL, Bounce Infinity to set up battery swapping stations across India

Bharat Petroleum Corporation Limited (BPCL) and Bounce Infinity have joined hands to fortify the Bounce Infinity’s extensive battery swapping infrastructure. Under this partnership, Bounce Infinity will set-up its b...

EVR Motors, Badve Group partner to manufacture electric motors for EVs

Badve Engineering Ltd, one of India’s leading Tier-1 automotive manufacturing companies for Indian and global OEMs, and Israeli startup EVR Motors have announced that they are forging a strategic commercial agreemen...

Mecwin India signs Rs 1,500 cr deal with Tatva Group in EV retrofitting space

In its endeavour to revolutionise the promising EV retrofitting segment, Bengaluru-based Mecwin India, the fastest-growing electric vehicle motor manufacturing company, is foraying into the little-explored electric ...

Advik Hi-Tech, Pure Hydrogen JV in India to produce hydrogen fuel

Indian global automotive components manufacturer Advik Hi-Tech Private Limited”) has announced that it has signed a Joint Venture (JV) with Australian clean energy Company Pure Hydrogen Corporation Limited.

Ather sells 3779 units of electric two wheelers in April 2022

Electric two wheeler manufacturer Ather Energy sold 3779 units in April 2022, recording a 255 per cent growth compared to April 2021. The company rolled out a new OTA upgrade to offer a new SmartEco mode.

Varroc to divest 4-wheeler lighting system operations in Americas, Europe

In a bid to transform itself into a high-tech company and focus on the existing growth of electronics, connectivity, electrical vehicles (EVs) product lines and the 2-wheeler segment globally, Varroc Engineering Lim...

Hero Electric, ElectricPe collaborate on charging infrastructure

With 2 million electric vehicles estimated to be plying the roads by 2026, building the charging infrastructure for EVs has become paramount. Addressing the infrastructure demand, Hero Electric, India’s No.1 electri...

iVoomi Energy aims to onboard 150 channel partners by April 2022 end

iVoomi Energy, an electric two-wheeler manufacturer, announced its plans to create a significant value chain in the EV ecosystem by expanding its channel partner network and creating opportunities for co-creation. W...

Yamaha Motor invests in Malbork, an EV service provider

Yamaha Motor Moto Business Service India (MBSI) announced its entry into the EV segment for 4 - wheeler asset management services by partnering with Malbork, a Bangalore based all electric sustainable energy powered...

Hero Electric, ReadyAssist tie up for skilling 20,000 mechanics

Hero Electric has partnered with ReadyAssist, a leading 24/7 roadside assistance company for training and upskilling 20,000 mechanics for servicing EVs under its Private Garage Owners (PGO) initiative. With the risi...

National Highway for EV, NHEV. NITI Aayog, Battery Swapping, electric mobility battery standardisation.

The National Highway for EV (NHEV) Working Group members met Advisor NITI Aayog Sudhendu J Sinha (Infrastructure, Connectivity – Transport and Electric Mobility) and discussed the recently announced policy for ‘Batt...

Kinetic Green, AIMA partner to co-develop electric two-wheelers for India

Kinetic Green Energy & Power Solutions, India’s leading EV company, has today announced that they are entering into a collaboration with global electric vehicle giant, Aima Technology Group, to co-design and develop...

BYD India appoints Sanjay Gopalakrishnan as Senior VP

BYD India, a subsidiary of China based BYD has appointed Sanjay Gopalakrishnan, as its Senior Vice President for its electric passenger vehicle business in India. Sanjay will be spearheading the Sales, Marketing, a...

Hero Electric, Mahindra to produce Hero, Peugeot Motocycles e-2 wheelers

Hero Electric and the Mahindra Group announced their collaborative intent wherein the latter Group will manufacture Hero Electric’s most popular electric bikes – Optima and Nyx at their Pitampur plant to meet the gr...

Mercedes Benz leads in luxury car sales in India with 11,242 units in 2021

Luxury car brand Mercedes-Benz continued its firm leadership position in the country’s luxury car segment for a record seventh year in a row. In a pandemic hit 2021 calendar year, Mercedes-Benz India delivered 11,24...

Okinawa Autotech achieves 1,00,000+ domestic sales in 2021

Okinawa Autotech electric two-wheeler manufacturer has surpassed 100,000 domestic sales of its high-speed and low-speed models. The sales momentum this year has primarily been driven by the hugely popular and locall...

Log9 RapidX insta charging batteries for Hero Electric EVs in new tie up

Hero Electric, India’s largest electric two-wheeler company, has announced its partnership with Bengaluru-based advanced battery technology start-up Log9 Materials, to offer Log9 Insta Charging battery packs for its...

Hero Electric sells 7000 high-speed E2W in November 2021

Hero Electric, India’s largest electric two-wheeler company, continued its growth momentum with record sales of over 7,000 units in November 2021, according to the most recent report by JMK Research and VAHAN dashbo...

Simple Energy to invest Rs 2500 crore in new plant in Tamil Nadu

Simple Energy, India’s longest range electric scooter, also among the top three EV start ups has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government for an investment up to Rs 2500 crore for co...

Hero Electric is most preferred Indian EV brand, says JMK research findings

Hero Electric, India’s largest electric two-wheeler company, is the most preferred brand in the Indian EV market today, according to the latest JMK research findings. To celebrate the same, Hero Electric launched i...

Tata Motors to deliver 3,500 XPRES T EVs to BluSmart Mobility

Tata Motors has signed an MOU with BluSmart Mobility for expanding their all-electric fleet multi-fold across Delhi NCR, and for the same, the company has bagged a contract to supply 3,500 XPRES T EVs.

 Tata Motors to raise $1 billion in passenger EV business from TPG Rise Climate

Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. ...

Hero Electric to hike production capacity to over 5 lakh by March 2022

Hero Electric, India’s largest EV two wheeler maker, is expanding capacity of its all new production facility in Ludhiana owing to growing demand being witnessed by the brand. With this initiative, Hero Electric aim...

ePropelled unveils groundbreaking Electric Vehicle Motor System

ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, has announced the release of a groundbreaking new electric vehicle (EV) propulsion system to be showcased...

Omega Seiki Mobility selects C4V to provide next-gen lithium-Ion batteries

C4V, the U.S based technology provider, announced that it has secured a contract from India based electric vehicle manufacturer Omega Seiki Mobility to supply next generation high performance Lithium-Ion Batteries f...

Detel owners buy LML brand to form LML Electric India Ltd

LML Ltd, the erstwhile Kanpur (UP) based two wheeler manufacturer owned by the Singhania family is now the property of Yogesh Bhatia controlled SG Corporate Mobility Pvt.Ltd. SG Corporate owns Detel, the flagship b...

HOP Electric plans 2nd manufacturing facility; signs 30 new channel partners

Electric two-wheeler manufacturer HOP Electric Mobility, having recently launched two unique products HOP Leo and HOP LYF, is now planning to expand its presence in multiple states and also set up a second plant.

Napino Group, Enedym partner  for SRM technology

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has announced a strategic partnership with Enedym Inc., a Canada based company with patented Switched Reluctance Mot...

Ampere Experience Center unveiled for electric vehicles

Ampere Electric, the e-mobility arm of Greaves Cotton and one of the leading players in the electric 2-wheelers and electric 3-wheelers has unveiled its first Ampere Experience Center in Ranipet in the southern stat...

Mercedes-Benz prepares to go all-electric by 2030

Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s pre-eminent luxury car company is accelerating to...

INTERVIEW WITH UDAY NARANG Chairman, Anglian Omega Group & Omega Seiki Mobility

In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility talks about his company plans to enter the two and four wheeler electric vehicle space.

Sterling Gtake bags Rs 60 crore order for high speed electric 2W application

Sterling Gtake E-mobility Ltd (SGEM), NCR-based motor control units (MCUs) manufacturer for electric vehicles has announced that it has secured an order worth Rs 60 crore for MCUs from a leading 2W EV OEM.

AP procures 25000 electric 2 wheelers for govt employees

Convergence Energy Services Limited (CESL), a government of India company under Ministry of Power, signed an agreement with New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to provide 25000...

Ola Electric raises US$100 million debt from Bank of Baroda

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...




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