BYD’s $1B India EV investment to challenge Tesla
HYDERABAD, 16 July 2023: BYD, a China-based company, has made a USD 1bn investment proposal to develop electric vehicles and batteries in India in collaboration with a local company. The….
Month: July 2023
Peaxy’s $12M funding to improve battery safety, performance, and lifespan
CALIFORNIA, 15 July 2023: Peaxy, a leading cloud software company providing battery lifecycle analytics and digital twins, has raised USD 12m in a Series B2 funding round. The investment will….
Tesla now eyes India as manufacturing hub for electric vehicles
NEW DELHI, 15 July 2023: Tesla Inc, the renowned electric vehicle manufacturer led by billionaire Elon Musk, is looking to make a significant investment in India. The company is currently….
Solectrac electric tractors now eligible for California CORE incentive program
WINDSOR, 14 July 2023: Solectrac, a leading manufacturer of electric tractors, announced that its e25G and e25H electric tractors are now eligible for the California CORE Voucher Program. The program,….
Ola Electric makes electric scooters more affordable with Shriram City Union Finance partnership
BENGALURU, 14 July 2023: Ola Electric, the Indian electric vehicle (EV) maker, has partnered with Shriram City Union Finance to offer low-cost loans starting from 8.99% for a tenure of….
Netherlands EV charging market to soar to $1.8bn by 2027
MUMBAI, 13 July 2023: The Netherlands EV Charging Equipment market is expected to reach USD 1.8bn by 2027, according to a new report by Ken Research. The market is being….
Rocsys secures $36M to revolutionize EV charging with autonomous technology
NETHERLANDS, 13 July 2023: Rocsys, the leading provider of autonomous charging solutions for electric transportation, has secured USD 36.8m (€33m) in Series A funding. The round was led by SEB….
The future of sustainable transportation: Electric aircraft market report 2023-2033
NEW YORK, 13 July 2023: The electric aircraft market is expected to grow significantly in the next decade, with revenue surpassing USD 9.5bn by 2033. This growth is being driven….
MG Motor India’s SUV-ZS: A new era of electric mobility
MUMBAI, 13 July 2023: MG Motor India has launched a new electric vehicle (EV) called the SUV-ZS, which comes with Autonomous Level 2 technology. This means that the car can….
Avalon partners with Metso to secure Canada’s lithium supply
TORONTO, 12 July 2023: Avalon Advanced Materials Inc and Metso Corporation have signed a memorandum of understanding (MOU) to create a strategic partnership to develop Ontario’s first lithium processing facility…..