Electric vehicles
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Priyanka Tanwer Jan 18 2024 - 12 min readThe electric vehicle (EV) sector stands at the crossroads of innovation and sustainability. As we approach the brink of a new fiscal year, all eyes are on the upcoming interim budget, and the electric vehicle industry is abuzz with anticipation and speculations. The imminent budget announcement is poised to shape the policies and ...
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Priyanka Tanwer Jan 18 2024 - 2 min readBounce Infinity -- an electric scooter manufacturer, and SUN Mobility have joined hands to deploy 30,000 Bounce Infinity Scooters in key markets across the country, starting with Bangalore and Hyderabad, and extending to Mumbai, Pune and Delhi NCR. These scooters will create the milieu for SUN Mobility to bolster its journey as ...
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Opportunity India Desk Jan 18 2024 - 3 min readInternational Battery Company (IBC)—a lithium-ion cells manufacturer for electric vehicles and plans to set up a factory in Karnataka, has raised USD 35 million. The fundraising session was led by RTP Global. The round has also seen participation from Beenext, Veda VC along with other strategic Korean and US investors and supply partners. ...
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Opportunity India Desk Jan 17 2024 - 2 min readBenefiting from favorable incentives, India's electric vehicle ecosystem is set for rapid development, according to Anish Shah, Managing Director and CEO of Mahindra Group. Shah emphasized that the focus should be on pure electric vehicles rather than hybrid models, which he deemed a short-term solution. “Hybrids, introduced in 2000 in many ...
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Priyanka Tanwer Jan 17 2024 - 7 min readAs India is growing towards EV30@30 and government encouraging people to adopt electric vehicles, the country still majorly relies on imports for lithium-ion EV batteries. However, there is a growing push to support domestic EV industry development which is creating more opportunities and solution. BatX Energies are spearheading a transformative shift in the ...