EV Battery Swapping Firm Gogoro Announces Electric Scooter Partnership With Swiggy for Last-Mile Delivery

EV Battery Swapping Firm Gogoro Announces Electric Scooter Partnership With Swiggy for Last-Mile Delivery

Electric vehicle battery-swapping solutions provider Gogoro on Thursday announced a partnership with Swiggy to promote its electric Smartscooters to last-mile delivery partners of the on-demand convenience delivery platform across India. Gogoro and Swiggy will provide a seamless path for riders to adopt sustainable electric transportation and improve their business efficiency,…

Indian EV Charging Startup Exponent Eyes Funding to Grow Rapid Business

Indian EV Charging Startup Exponent Eyes Funding to Grow Rapid Business

Exponent Energy, an Indian rapid charging startup, is in talks with new and existing investors to raise money to expand its energy services business to three-wheeled passenger vehicles and buses, its chief executive told Reuters in an interview.  The maker of electric vehicle batteries that can be fully charged in…

Micromax Exploring Electric Vehicle Venture Following Decline in Smartphone Sales, Layoffs: Report

Micromax Exploring Electric Vehicle Venture Following Decline in Smartphone Sales, Layoffs: Report

Micromax is looking to enter the electric vehicle manufacturing space in India, according to a report. The New Delhi-based phone manufacturer has faced stiff competition from Chinese brands in the country and reportedly laid off employees across the country, while senior executives have also exited the firm. The developments —…

MG Comet EV ‘Gamer Edition’ With Gaming-Inspired Design and Interiors Launched in India

MG Comet EV ‘Gamer Edition’ With Gaming-Inspired Design and Interiors Launched in India

MG Comet EV is now available in a special ‘Gamer Edition’ trim, which is designed to appeal to gamers and young buyers. Priced at Rs. 64,999 over and above the base cost of the car itself, the Gamer Edition is available across all three variants of the MG Comet EV…

China’s BYD Tells India JV Partner It Wants to Drop $1 Billion EV Investment Plan

China’s BYD Tells India JV Partner It Wants to Drop $1 Billion EV Investment Plan

China’s BYD has told its India joint-venture partner it would shelve plans for a new $1-billion (roughly Rs. 8,225 crore) investment to build electric cars after its investment proposal faced scrutiny from New Delhi, two people with knowledge of the discussions said. BYD and its partner, privately held Megha Engineering and…

Elon Musk Distracted by Twitter, Should Focus on Tesla as EV Rivals Pick Up Pace, Investors Say in Survey

Elon Musk Distracted by Twitter, Should Focus on Tesla as EV Rivals Pick Up Pace, Investors Say in Survey

Right on cue, Tesla skeptics are pushing back after this year’s sizzling $500 billion (roughly Rs. 41,05,550 crore) rally. Rival automakers pouncing on booming demand for electric vehicles pose the biggest challenge for Tesla over the next two years just as Elon Musk appears distracted thanks to his high-profile ventures,…

Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024

Ola Advances Plan for IPO as EV Scooters Take Off in India, Plans to Unveil Electric Car in 2024

Ola Electric Mobility is in line for an initial public offering sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021. “I thought it would take me four to six years of revenue to go public,” Founder…

EV Maker BYD Said to Be Planning to Invest $1 Billion in India for Electric Cars, Batteries

EV Maker BYD Said to Be Planning to Invest $1 Billion in India for Electric Cars, Batteries

China’s BYD has submitted a $1 billion (nearly Rs. 8,200 crore) investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to…

Tesla’s Plug Made Compulsory in Kentucky for EV Charging Companies

Tesla’s Plug Made Compulsory in Kentucky for EV Charging Companies

Kentucky is requiring that electric vehicle charging companies include Tesla‘s plug if they want to be part of a state program to electrify highways using federal dollars, according to documents reviewed by Reuters.  Kentucky’s plan went into effect on Friday, making it the first state to mandate Tesla’s charging technology,…

EV Charger Makers Oppose Texas’ Plan to Mandate Tesla Charging System

EV Charger Makers Oppose Texas’ Plan to Mandate Tesla Charging System

A group of EV charger makers and operators is pushing back against Texas’ plan to mandate the inclusion of Tesla technology in charging stations, saying it is “premature,” according to a document seen by Reuters and a source aware of the matter. Reuters reported last week that Texas would require…