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….
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…
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,…
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…
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…
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…