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.
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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 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.
Gravton Quanta electric moped has been launched in the Indian market at ₹99,000. The electric moped is said to be fully designed and developed with the use of local components thereby making it a Made-In-India product.
'Gujarat Electric Vehicle Policy 2021' announced to give subsidy and promote EVs in the Gujarat state. Meanwhile, as part of the revised electric vehicle (EV) policy, the state transport ministry made a presentation for Giga Factory for manufacturing of Lithium-ion batteries
Ola Electric likely to launch their new electric Appscooters in July. They are also planning to sell their scooters to Convergence Energy Services Ltd (CESL), a government owned company.
Talwar Auto Garages PVT Ltd, a south India based automotive distributor has placed a purchase order of 2,000 electric semi-trucks from the US based company Triton EV to be delivered next year.
The Fame II scheme has been updated to provide additional benefits to Indian EV industry. As a result of this many electric scooter models are cheaper than petrol counterparts.
Amara Raja Batteries, India's Second largest battery manufacturer has opened a tech hub in Tirupathi and wants to develop Lithion-Ion cells.
The Delhi govt approved a single window process for hassle-free installation of electric vehicle chargers in private and semi-public spaces within the capital.
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