Electric motorbike startup to invest Rs 85 crore in Chennai manufacturing facility

Premium electric motorbike startup Raptee announced intentions to invest 85 crore in its recently constructed Chennai manufacturing facility, which has a capacity of 1 lakh units annually. The facility, which spans 3 acres,…

Coimbatore-based EV maker to raise ₹150 crore for expansion

Electric two-wheeler firm Ozotec Automobile announced ambitions to raise $150 million in stock for growth. The Coimbatore-based company, according to K. Barathan, Director, has the potential to produce 500 to 600 EVs per…

Construction of India’s largest battery cell Gigafactory commences

The Cell Gigafactory, the largest EV cell production facility in the country, was only recently put into operation by Ola Electric. By the end of this year, the Cell factory is expected to…

Battery startup signs MoU with EV makeras part of strategic relationship

In order to establish a long-term strategic relationship in the EV industry, electric car manufacturer Quantum Energy and battery technology startup Log9 Materials signed an MOU on Tuesday. As a result of their…

Popular EV manufacturer to addmore vehicles to its fleet

Zypp Electric plans to add two lakh vehicles to its fleet and invest $300 million in growth. The business said in February of this year that a series B fundraising round, which was…

New electric scooter launched in India, deliveries to start in a phased manner

After much wait, Simple Energy has finally introduced its first electric scooter. The Simple One is designed to take on the well-liked Ola S1 electric scooter. The scooter costs Rs. 1,45,000, while the…