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Japan's Mitsui & Co. backs last-mile electric mobility startup SmartE

TMT

22 July, 2019

Japan's Mitsui & Co. backs last-mile electric mobility startup SmartE

Electric mobility service provider SmartE on Monday said it has raised around Rs 100 crore ($14.5 million) from Japanese conglomerate...

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Electric vehicle startup Ampere sees valuation drop in second leg of M&A deal

Manufacturing

16 July, 2019

Electric vehicle startup Ampere sees valuation drop in second leg of M&A deal

Electric two-wheeler maker Ampere Vehicles Pvt. Ltd has seen a decline in its valuation after engineering firm Greaves Cotton...

Hero MotoCorp carves out electric vehicle unit, rejigs top deck

Manufacturing

09 July, 2019

Hero MotoCorp carves out electric vehicle unit, rejigs top deck

Hero MotoCorp Ltd on Tuesday said it had appointed Rajat Bhargava as head of its newly created ‘Emerging Mobility’...

Former Tata Motors exec backs electric scooter startup BattRE

Manufacturing

08 July, 2019

Former Tata Motors exec backs electric scooter startup BattRE

Former Tata Motors Ltd president Gajendra Chandel has invested an undisclosed sum of money in the Jaipur-based electric scooter...

Budget 2019: Electric vehicles get big push, tax policy to boost Make In India

Manufacturing

05 July, 2019

Budget 2019: Electric vehicles get big push, tax policy to boost Make In India

The central government on Friday said it would provide income-tax deduction of Rs 1.5 lakh on the interest paid on ......

Indian govt may order Uber, Ola to go electric in clean mobility push

Infrastructure

06 June, 2019

Indian govt may order Uber, Ola to go electric in clean mobility push

India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric ......

Eagle10 leads pre-Series A funding in electric utility vehicles maker Pi Beam

TMT

04 April, 2019

Eagle10 leads pre-Series A funding in electric utility vehicles maker Pi Beam

Pi Beam Labs Pvt. Ltd, a startup that makes electric tricycles, said it has raised an undisclosed amount in a ......

JSW Energy scraps electric vehicles business plans

Manufacturing

29 March, 2019

JSW Energy scraps electric vehicles business plans

JSW Energy Ltd has brought down the curtains on its dreams to roll out its first electric vehicle by 2020, ......

Tiger Global, Matrix Partners invest $56 mn in Ola's electric mobility biz

TMT

01 March, 2019

Tiger Global, Matrix Partners invest $56 mn in Ola's electric mobility biz

Ola’s electric mobility arm said on Friday that it has raised $400 million ($56 million at current exchange rates) from...

Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

Finance

18 February, 2019

Govt proposes incentives worth $12 bn for stressed power sector to curb emissions

India has proposed incentives worth 885 billion rupees ($12.4 billion) to encourage power plants to install equipment to curb...

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