Oben Electric’s pre-series A funding to help accelerate its growth
INDIA, 1 July 2023: Bengaluru-based electric vehicle (EV) startup Oben Electric has raised INR 40 crore in an extended pre-series A round, taking its total funding to INR 88 crore…..
Tag: #India
Punjab to set up now dedicated EV fund to help finance purchase of EVs
INDIA, 26 June 2023: The Punjab government has announced an INR 300 crore incentive scheme to promote the adoption of electric vehicles (EV) in the state. The scheme will cover….
India electric vehicle market to soar to USD 113.99bn by 2029
PUNE, 26 June 2023: The India electric vehicle market is expected to grow at a CAGR of 66.52% from 2022 to 2029. The market is being driven by the rising….
OLA’s Gigafactory to make India a global EV manufacturing hub
INDIA, 22 June 2023: Ola has commenced construction of its 100GWh gigafactory in Tamil Nadu, India. The factory, which is spread across 115 acres, is expected to commence operations by….
DFC’s investment in Revfin to make EV financing more accessible
INDIA, 21 June 2023: The United States International Development Finance Corporation (DFC) has invested USD 5m in Revfin, an electric vehicle (EV) financing platform for individuals in India. The investment….
Battery Monitoring ICs to play a key role in the growth of the electric vehicle market
USA, 5 June 2023: The global battery monitoring IC market is expected to reach USD 4.8bn by 2031, according to a new report by Transparency Market Research. The market is….
Emerging global EV charging station market to reach USD 100bn by 2027
NEW YORK, 5 June 2023: The global electric vehicle (EV) charging station market is projected to reach USD 100bn by 2027, according to a new report by Market Research. The….
Jaguar recalls 6,000 I-Pace electric SUVs in the US over battery fire risk
USA, 2 June 2023: Jaguar is recalling over 6,000 I-Pace electric SUVs in the US due to the potential risk of high-voltage battery fires. Owners have been advised to park….
Indian Government to introduce sizable EV subsidy under FAME-II scheme
DELHI, 2 June 2023: The Indian government plans to announce a significant subsidy of INR 2.5 lakh on electric vehicles, including cars, e-buses, and e-bikes. This initiative aims to promote….
Expert EV driver shares key steps for preserving and sustaining your electric vehicle
PUNE, 30 May 2023: As the Indian electric vehicle (EV) market experiences remarkable growth, it is essential for EV owners to be aware of measures that ensure the longevity and….