Ultraviolette to raise $120 million fresh investment

In order to fund its continuous efforts to create new car platforms and promote its national and worldwide expansion, Ultraviolette Automotive intends to raise $120 million in a new round of funding. For…

TVS Motor MD SudarshanVenu inaugurates Suprajit Engineering’s new facility

SudarshanVenu, managing director of TVS Motor Company Limited, inaugurated the Suprajit Engineering Limited’s facility at Doddaballapur. The purpose of this facility is to commercialise some of the goods created at the Suprajit Technology…

Ola to invest $500 million in EV battery R&D unit

The electric car division of the ride-hailing company, Ola Electric, is investing roughly $500 million to build its battery innovation centre (BIC) in Bengaluru. According to Ola, which is run by Bhavish Aggarwal,…

Jio-BP and TVS Motor Company to collaborate on EV solutions

Jio-BP and TVS Motor Company have agreed to investigate the establishment of a comprehensive public EV charging infrastructure for electric two-wheelers and three-wheelers in India, building on Jio-developing bp’s network in this area….