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Hala Mobility Raises ₹51 Cr To Grow EV Fleet
Hala Mobility intends to use the newly acquired funds to increase its electric vehicle (EV) fleet and launch operations in six more Indian cities,...
“Commercial EV Finance Is Less About Money Lending And More About Money Collection” –...
The biggest roadblock impeding the adoption of EVs, particularly in the commercial sector, lies in the availability of finance. But why is this proving...
Hero MotoCorp Set To Enter Electric 3-Wheeler Market
Hero MotoCorp plans to invest ₹900 crore in electric three-wheeler firm Altigreen Propulsion Labs, aiming to compete in the growing market with Mahindra &...
Vidyut Expands Into Used EV Sales And Financing
In February, Vidyut secured $10 million during its Series A funding round, which was spearheaded by 3one4 Capital.
Vidyut, a Bengaluru-based startup dedicated to building...
Turno Secures $6M From BII And Other Investors
Founded in April 2022 by ex-Zoomcar executives Hemanth Aluru and Sudhindra Reddy, Bengaluru's Turno offers financing for SMEs and individuals purchasing commercial three-wheeler electric...
Commercial EV Finance: Empowering Younger Companies To Drive Growth
While electric three-wheelers have emerged as the face of EV adoption in India, startups engaged in their retail need increased access to finance for...
Debashis Mitra Named President Of Kinetic Green’s 3-Wheeler Business
Mitra will become President of the 3-wheeler business following Paul Zacharia's retirement in June 2024.
Kinetic Green Energy and Power Solutions Limited, a prominent Indian...
March EV Sales: OSM Enters Big Boy Club, Kinetic Steals Limelight
While both the E2W and the E3W markets grew Month on Month during March 2024, the electric car registrations seem to have hit a...
EV Sales Set To Surpass 1.5 Lakh Units Monthly Before Fame II Expires
The revision of subsidies for electric two-wheelers and three-wheelers is expected to impact market dynamics. Many major companies are preparing to absorb the higher...
Feb EV Sales: Electric Car Sales Decline, Startups Rise Once Again
Electric two-wheelers and electric three-wheelers continue to dominate the electric vehicle sales figures in India. Electric car adoption, on a larger scale, seems to...
“We Have Maintained A Net NPA Rate Below 1%!”
Maintaining a low non-performing asset (NPA) rate is considered one of the key factors determining the success of an NBFC (non-banking financial company) operating...
Dec 2023: Mahindra, Tata, Ola Lead The EV Race In India
What remained common between Tata Motors & Ola Electric's electric vehicle sales numbers during December 2023? Their sales registration figures for EVs were unmatched,...
EV Sector Might Get Designated As Priority Lending Sector, Says Kartikey Hariyani
While it is crystal clear that several commercial EV OEMs face difficulties getting financing options for end consumers, is the situation similar in the...
Karnataka’s EV Policy Release In Two Weeks: Industry Seeks Incentives For Component Manufacturers And...
The recently released draft policy has garnered varied reactions from stakeholders, with some praising the suggested subsidy hike for its potential benefits. However, there's...