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The funds raised will be deployed for the expansion of swapping solutions and to further strengthen the technology team

The new norms will come into effect from October 1, 2022

The fund raised will be utilized to hire top talents for multiple roles to expand its team while scaling up production

Funds will be utilized to scale up the e^pump network to 100 location points per city starting with Bengaluru, streamline e^pack production and deliver more Exponent enabled EVs.

The fund raised will be used for the expansion of the company's operations, team building and technological development

A whitepaper by Alvarez and Marsal launched in the conference stated that India needs to set up 46,000 EV charging stations to reach the global benchmark

The group has set up Volty Energy, which will be setting up a manufacturing plant at Zaheerabad, Telangana, by the end of this year

The company will invest over $100 million in creating its global center for advanced engineering and vehicle design in the UK

The move assumes significance in the wake of private equity firm TPG Rise Climate's decision to infuse $1 billion in Tata Motors's passenger EVs

Consumers have realised the benefits of EVs, aside from zero emissions, which include lower operating costs

At present the startup is preparing to launch of its flagship Mark 2 e-scooter which will be priced between INR 1,10,000 and INR 1,20,000

In March this year, the startup raised $9.5 million in Series A round with additional investments of $2.6M raised from new investor ADB Ventures, the venture investing arm of Asian Development Bank, and existing investor Blume Ventures

The company will utilize fresh funds for its upcoming launch of three-wheeler cargo vehicles this year, and support market expansion in India

BluSmart will utilize the fresh funds to expand its fleet, increase charging infrastructure and expand its geographical reach

It may be convenient to rely upon China to provide lithium-ion battery cells and battery packs to support our electric and climate goals in the near-term, but we do so at our own peril. It is our future. Just as China has, we must assume responsibility for ourselves.

There is a great opportunity for serious Indian players to get into manufacturing EVs with indigenous design and development.

Driven by the need to offer sustainable transport that is both cost and energy efficient, car rental services have ensured that they harness the potential of new-age technology

The entry level variant was launched on Wednesday during the Auto Expo-The Motor Show 2020

Renault believes launching EV cars now in India is halo. Is it really?

The NITI Aayog chief believes the government has been able to create a ready ecosystem for startups in India as the Indian government is acting as a facilitator to make this movement grow & expand

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