Electric Vehicles

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GreenCell Raises $40 Million Funding from ADB to Develop Electric Buses

The Asian Development Bank (ADB) has inked a $40 million financing package with India-based shared electric mobility company GreenCell Express (GEPL) to develop 255...

November 8, 2022

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Gourav Mishra

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Electric Vehicles

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Grid
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EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

Electric Vehicle (EV) financing platform for individuals Revfin has closed a Series A funding round of $10 million in a combination of equity and debt. The funding round...

October 25, 2022

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Gautamee Hazarika

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Electric Vehicles

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Other

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Renewable Energy
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Electric Two and Four-Wheeler Sales Increase 183% YoY in Q3 2022

Retail sales of electric vehicles (EVs) clocked 257,278 units in the third quarter (Q3) of the calendar year 2022. This represents a 183% year-over-year (YoY) growth...

October 20, 2022

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Arjun Joshi

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Electric Vehicles

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Grid

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Market & Policy
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West Bengal Tenders 205 EV Charging Stations to be Installed Across the State

West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for the supply, installation, operation, and maintenance of the electric vehicle (EV)...

October 19, 2022

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Uttar Pradesh Announces a Slew of Incentives for EV and Battery Manufacturing

Uttar Pradesh will provide a 30% base capital subsidy for the first two integrated electric vehicle (EV) and ultra-mega battery projects up to a maximum of ₹10 billion...

October 17, 2022

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Arjun Joshi

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Electric Vehicles

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Grid

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Market & Policy
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Chandigarh’s EV Policy Targets 70% of All Vehicles to Be Electric by 2027

Chandigarh has targeted 70% of all new vehicle registrations in the Union Territory (UT) to be electric vehicles (EVs) in the next five years. As per the recently issued...

October 12, 2022

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Arjun Joshi

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Electric Vehicles

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Markets & Policy
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Amazon to Invest €1 Billion to Decarbonize its Transport Network in Europe

E-commerce conglomerate Amazon plans to invest over €1 billion (~$973 million) until 2027 to further electrify and decarbonize its transportation network across Europe....

October 10, 2022

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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EoI Issued to Empanel Lending Institutions for Financing EVs Across India

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has issued an expression of interest (EoI) to empanel...

October 3, 2022

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Gourav Mishra

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Electric Vehicles

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Grid
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EV Startup Esmito Raises ₹100 Million to Expand Battery Swapping Solutions

Esmito, an IIT Madras incubated electric vehicle (EV) startup, has raised ₹100 million (~$1.25 million) in a seed round led by Mumbai-based early-stage investor Unicorn...

September 21, 2022

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Grid
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Implementation of Revisions to EV Battery Testing Standards Postponed

The Ministry of Road Transport and Highways (MoRTH) has extended the implementation of amendments to Electric Vehicle (EV) battery testing standards from October 1, 2022,...

September 29, 2022

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Gourav Mishra

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Electric Vehicles

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Market & Policy
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Hertz and bp to Develop Network of EV Charging Stations in North America

The Hertz Corporation, a subsidiary of American car rental company Hertz Global Holdings, and global energy business conglomerate bp, inked a memorandum of understanding...

September 29, 2022

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Gourav Mishra

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Electric Vehicles

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Press Releases
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EV Charging Infrastructure to be Set Up Along 75,000 Miles of Highways in the U.S.

The U.S. Department of Transportation has approved Electric Vehicle Infrastructure Deployment Plans for all 50 States covering approximately 75,000 miles of highway...

September 28, 2022

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Vijayalakshmi Sridhar

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Electric Vehicles

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Grid
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Empanelment Tender Floated to Set Up 738 EV Charging Stations Across India

Rajasthan Electronics and Instruments (REIL), a joint venture between the center and the Rajasthan government, has issued a tender to empanel agencies to identify...

September 23, 2022

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Rakesh Ranjan

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Electric Vehicles

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Grid
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CESL Invites Bids to Procure 5,690 Electric Buses

Convergence Energy Services (CESL), a wholly-owned subsidiary of Energy Efficiency Services (EESL), has invited bids to select bus operators for the procurement, and...

September 22, 2022

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Rakesh Ranjan

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Electric Vehicles

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Grid

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Other

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Tenders and Auctions
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Bids Invited to Set Up 47 Solar EV Charging Stations in Indore

Atal Indore City Transport Service (AICTSL), a special purpose vehicle operating the city’s public transport, has invited bids to select an agency for establishing,...

September 22, 2022

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Gourav Mishra

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Electric Vehicles

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Tenders and Auctions

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