In a major tweet war, Elon Musk - the founder of Tesla wants the Indian government to reduce import duties for electric cars, while Bhavish Aggarwal of OLA wants to build in India.
New information about the OLA electric scooter is out. The top variant of the Ola Electric Scooter, is rumored to be named the S-Series, will have a real world range of 150 km on a single charge.
In a big push towards making electric vehicle components in India, Sona Comstar ties up with Israel's IRP Systems to build EV Powertrains and ANAND Group teams up with South Korea's Mando Corp to produce and market EV Components. The fast growing EV Market is now looking to diversify and mitigate the risks.
The company has exported the first lot of it's motorcycle Kridn, which has been shipped to Kenya. The company targets four more African countries prior to expanding export operations to South America and Europe in early 2022.
Hero Electric raised 220 Crore funding by GII and Oaks | Hero MotoCorp vs Hero Electric
Hero Electric has raised Rs 220 crore in its Series B round of funding led by Gulf Islamic Investments (GII). The first part of the investment which also saw participation from existing investor OAKS. Also there seems to be a dispute within the family run Hero MotoCorp over Hero's EV business.
Maharashtra and Goa has announced huge subsidies as well as pans for electric vehicle infrastructure while Andhra Pradesh plans to procure 25,00 electric two-wheelers for their government employees.
Gravita India Ltd., India’s largest battery recycling company, is entering into the electric vehicle battery recycling business.They have identified a few potential companies that could provide the technology for recycling lithium-ion batteries.
Hero Lectro has delivered the first batch of 200 e-bikes to Germany. The have also partnered with Fast Despatch Logistics and Turtle Mobility for depoying last mile delivery cargo e-bikes
The scooters are made by HOP Electric Mobility and priced at ₹72,500 for the Leo and ₹ 65,500 for the Lyf, both the scooters boast a range of 125kms.
We showcase real EV news happening in the Indian EV industry. We also highlight our take on each story for brief analysis.
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