Tag: electric vehicles
CBI files FIR against Gensol, BluSmart co-founders for diverting IREDA loan funds
The Central Bureau of Investigation (CBI) has registered a case against Gensol Engineering Ltd (GEL) and its promoters – Anmol Singh Jaggi and Puneet Singh…
EV powertrain maker Matel raises Rs 130 crore in UC Impower-led round
Pune-based mechatronics startup Matel Motion and Energy Solutions has raised Rs 130 crore in a round led by UC Impower, with Narayana Murthy’s family office…
Hyundai’s EV intent, Google Play’s India economics, and MG ADAPT
Opening thoughts. There is still a conversation to be had about public EV charging infrastructure in India. Though the situation is far better than perhaps…
Apps blocked over EV shutdowns, focus turns on auto cybersecurity
New Delhi: The government is reviewing cyber security safeguards deployed by automakers after blocking at least three mobile apps that were being misused to disable…
Rs 1 lakh crore on crude imports will be saved by 2030, as 35 lakh EVs will replace petrol vehicles: SBI Report
New Delhi [India]: Around 35 lakh more electric vehicles (EVs) are expected to replace petrol vehicles during 2027-2030, helping India save nearly Rs 1 lakh…
Exponent Energy secures Rs 200 crore funding from 360 ONE Asset, TDK Ventures
Exponent Energy, a startup that claims to provide 15-minute rapid charging for electric vehicles (EVs), has raised Rs 200 crore ($21.1 million) in a funding…
Ferrari Luce Marks a Radical New Chapter for Maranello
Ferrari has finally done it. After years of speculation, hesitation and debate around electrification, the Italian marque has unveiled the Luce, its first fully electric…
India, US seal critical minerals and rare earths pact amid global supply chain race
India and the United States on Tuesday signed a strategic agreement on critical minerals and rare earths, deepening cooperation in securing supply chains for key…
State Banks & insurers told to cut global travel, switch to EVs in austerity push
New Delhi: The finance ministry has asked state-run banks and insurance companies to follow austerity measures, including reducing foreign travel for key executives, holding meetings…
Global turmoil is India’s ‘wake-up call’ to cut import dependence: Piyush Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday said the ongoing global challenges should act as a wake-up call for domestic industry to…