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LML Signs Up 50 Dealers Prior To The Launch Of Its Electric Two-Wheeler In India

LML announced that 50 dealers have been signed up in India as part of its initial phase of expansion prior to the launch of its electric two-wheeler Star According to the company, over 100 LML exclusive dealers pan India is the targets for the second phase in expanding the dealership network It stated that the expansion was planned and strategize on the Dealer-owned dealer operated (DODO model)

Goyal Aluminiums Receive Allotment Of Land To SetUup New EV Manufacturing Plant In Noida

Goyal Aluminiums informed the exchanges that it received a land allotment from the Greater Noida Industrial Development Authority or GNIDA to establish a new plant for electric vehicles The company stated in a regulatory filing that plot No 283 that measures around 4000 sq m and is available for lease for a period of up to 90 years The company will only manufacture electric scooters and low-speed vehicles for the domestic market

Omega Seiki Mobility And cKers Finance Sign MoU To Provide Financing For Electric 3-Wheeler Loaders

Omega Seiki Mobility, an Anglian Omega Group Company, and cKers Finance Private Limited, a non-banking financial company (NBFC) focused on financing climate-friendly businesses including electric vehicles in India, has signed a Memorandum of Understanding Through this tie-up, Omega Seiki Mobility customers for the e3W loader category can get their vehicles financed by cKers Finance

BYD India Partners With Evera To Deliver 100 All-New e6 Vehicles

The world’s leading new energy vehicle manufacturer BYD has partnered with Evera – an EV Cab service based in New Delhi to deliver 100 All-New e6 Evera provides app-based cab services in the national capital and has signed one of the largest orders for electric vehicle fleet operation with BYD India Evera comprises a network of sustainable energy solutions that come together to reduce carbon emissions being released into the environment by everyday travel Its services include a fleet of Electric Vehicles and an app-based cab service along with a network of energy-efficient charging stations to complement the journey

Gogoro Partners With Zomato And Kotak Mahindra Prime To Accelerate Adoption Of Sustainable Electric Vehicles In India

Gogoro Inc, a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities announced a partnership with Zomato, one of the largest food ordering and delivery platforms in India, and Kotak Mahindra Prime Limited, a subsidiary of Kotak Mahindra Bank Limited The partnership is focused on accelerating the adoption of sustainable electric vehicles by delivery partners that are on board with Zomato offering them new, more favourable loan terms not available in India today Gentari, through its affiliated entity Amplus Power Supply Private Limited, signed a Memorandum of Understanding (MoU) with Tata Motors, India’s largest commercial vehicle manufacturer, in 2022, whereby the latter will deliver 5,000 units of Tata Ace EV – India’s most advanced, zero-emission, four-wheel small commercial vehicle, over three years The MoU includes the delivery of 1,000 units in the first year, for deployment in cities such as Delhi, Bengaluru, Hyderabad, Pune, and Kolkata

Gentari Partners With Tata Motors And Gati KWE To Deliver Electric Vehicles In India

Sun Mobility And Zomato To Power 50,000 Electric Two-Wheelers With Battery Swap Solutions

Sun Mobility, a leader in providing energy infrastructure and services to electric vehicles, has partnered with Zomato, an online ordering platform, and food delivery service, to power 50,000 electric two-wheelers across the country, over the next 24 months using its battery swap solutions

Gentari Signs MoU With MoEVing To Provide 1,500 Electric Cargo Vehicles On Subscription For Its VaaS Offering

Gentari further expanded its Vehicle-as-a-Service (VaaS) offering through an MoU with electric mobility provider MoEVing Urban Technology Private Limited (MoEVing) to provide 1,000 threewheeler and 500 four-wheeler electric cargo vehicles on subscription In 2023, Gentari aims to further grow its EV fleet to more than 4,000 vehicles across ten cities with a mix of threeand four-wheeler vehicles

Motovolt, A Kolkata-Based Electric Mobility Startup Invests Rs 9 Crores In eROCKIT Group

Motovolt, a Kolkata-based e-mobility startup, has invested Rs 9 crores in eROCKIT for an undisclosed stake It is notable to note that Motovolt raised Rs 16 crore in pre-Series A funding in November 2022 This will be used for product introduction, marketing initiatives, and expanding its India presence This is Motovolt’s first international expansion for its electric mobility solutions This initial investment will be used to strengthen the product development and production at eROCKIT’s Berlin manufacturing plant.

ARENQ Partners with RDL Technologies to Develop IoT Devices for Battery Monitoring

ARENQ India’s fast-growing manufacturer and distributor of storage batteries, has forged a five-year partnership with RDL Technologies, a renowned manufacturer of IoT products and software solutions As a part of the association, RDL Technologies will be responsible for developing the IoT devices that will upload data from the Battery Management System (BMS) to the cloud Through this collaboration, RDL Technologies will develop touchscreen displays, data loggers, vehicle navigation, and monitoring systems for ARENQ The IoT devices will allow ARENQ to remotely monitor and navigate the motor, controller, and battery while also providing customers with customised reports on the battery’s performance.

Mahindra Last Mile Mobility Rolls Out Its 50,000th e-Alfa Three-Wheeler From Its Haridwar Plant

Mahindra Last Mile Mobility (LMM), a division of Mahindra & Mahindra, has rolled out its 50000th e-Alfa from the Haridwar Plant LMM sells the e-Alfa Mini e-rickshaw as well as the e-Alfa Cargo. The milestone vehicle was a red e-Alfa Mini The -Alfa Mini is one of the highest-selling Mahindra electric 3-wheelers and was launched in 2017 Mahindra launched the cargo version in 2021

Tata Motors Receives An Order For 1000 XPRES T EVs From OHM E Logistics Pvt Ltd In Hyderabad

Tata Motors, India’s leading automobile manufacturer and the pioneer of India’s EV evolution received an order for providing 1000 XPRES-T EVs to OHM E Logistics Pvt Ltd in Hyderabad, for their electric cab transportation services

Kabira Mobility Secures $50 Million Investment For Expansion From Al Abdulla Group

Kabira Mobility is an EV startup that sells KM3000 as well as KM4000 electric bikes It announced that it had secured a $50 million investment from the Al-Abdulla Group of Qatar, at an undisclosed value The Goa-based company said that the funds raised would be used to improve its existing facility and set up a greenfield facility in Uttar Pradesh

CHARGE+ZONE Raises $54M Funding As A Part Of Series A1 Round led By BlueOrchard

CHARGE+ZONE, a leading EV charging company in India raises one of the largest rounds in equity and debt to expand the high-speed charging network in the country led by BlueOrchard Finance, a member of the Schroders Group and a leading global impact investment management firm along with existing and new institutional investors As part of Series A1, CHARGE+ZONE has raised $54M of which $8M is debt investment from an infrastructure strategy managed by Blue Orchard

IFC To Invest Rs 600 Crores In New Last Mile Mobility Company To Be Launched By Mahindra & Mahindra

In a bid to scale up electric three-wheelers and small commercial vehicles (SCVs) that are more affordable, IFC is investing INR 600 crores in a new last mile mobility (LMM) company – a wholly owned subsidiary of Mahindra & Mahindra that will be a newly incorporated (NewCo).

How has the year 2023 kickstarted for BOLT?

We jump-started this year making major headways in the EV space with 20K+ charging points installed across 500+ cities in India and serving over 100K+ users Apart from the major progress we have made within the country, there are several pilot projects that we are conducting in our neighboring countries

Moving from our charging business to our operating stack business, we are making a head start with 10K+ BOLT-OS integrated vehicles scheduled to hit the roads in the next couple of months With real-time navigation updates, remote monitoring and tracking and the ability to offer Over the Air (OTA) updates, BOLT OS is the next generation of innovation for EVs

Our aim for the rest of this year is to build a more robust EV ecosystem that supports the ever-increasing number of electric vehicles (EVs) on the road, make them smarter with our embedded OS technology and deliver reliable and efficient charging infrastructure to users across the country

What makes your company different from other players in the market?

Although we operate the largest charging network in India currently, Bolt Earth is not simply a charge point operator (CPO) unlike most other businesses in this market We like to think of ourselves as a hardcore tech-firm that happens to be in the EV space We have built a software stack that allows us to enable a two-sided approach to accelerating EV adoption – By making vehicles smarter with an OS and by embedding our firmware into charging products We also pride ourselves on having a strong data science and advanced analytics team With our software now on over 10k+ EVs and 20k+ chargers, we transition into an architect of designing, driving, and maintaining an end-to-end EV charging foogain real-time insights from both vehicle and charging station usage, allowing