In 2023,LML Electric to launch first EV product in India
HARYANA, 27 September 2022: LML Electric, plans to raise up to INR 500 crore to finance for the construction of its own manufacturing facilities and the growth of the company,….
Tag: #EV
Ocean,PEAR; Fisker’s entry strategies for Indian EV
USA, 26 September 2022: Fisker Inc, a leading electric car company, is set to enter the India market after opening its headquarters in Hyderbad. The company intends to release its….
Infinitum Electric raises USD 80m in series D funding
AUSTIN/TEXAS, 26 September 2022: A new series of funding has been raised by Infinitum Electric, creator of a groundbreaking, sustainable air-core motor. The company plans to scale production to meet….
UP drafts electric vehicle policy for 2022-27
UTTAR PRADESH, 26 September 2022: The Uttar Pradesh government has drafted an Electric Vehicle Policy – 2022-2027, aiming to transition the state to electric vehicles by 2030. EV manufacturing hub….
Mallawa Ventures plans to invest in India’s EV space
USA/CHENNAI, 24 September 2022: Mallawa Ventures Inc, a company based out of US, has developed plans to invest roughly USD 1bn (INR 8,000 crore) in Tamil Nadu to produce hydrogen-powered….
Mahindra seeks USD 500m from global investor for EV push
MUMBAI, 23 September 2022: Mahindra & Mahindra, an Indian automaker, is in discussions with international investors to raise between USD 250m (INR 2,023 crore) and USD 500m (INR 4,052 crore)….
Monta raises funds from Energize Ventures
DENMARK, 23 September 2022: Danish EV charging management platform Monta raised an additional USD 29.3m in Series A+ funding. With return investors Creandum, Pale Blue Dot, byFounders, and Headline, the….
Bump raises USD 177m for electric mobility
PARIS, 23 September 2022: Bump, a startup offering fast charging solutions to professionals, has partnered up with DIF Capital Partners in a strategic and financial partnership. This relationship is evident….
Miami hosts Electrify Expo, stokes EV interest in the state
MIAMI, 22 September 2022: Regatta Park will host North America’s largest electric vehicle (EV) festival, Electrify Expo, on October 8 and 9. Outdoor event The outdoor event gives attendees the….
GM investing in Toledo plant to assist EV production
MICHIGAN/USA, 22 September 2022: The Toledo Transmission factory of General Motors Co. (GM) is anticipated to get funding to promote the production of electric vehicles, making it the first GM….