Date | Title | Description |
05.08.2024 | Ola Electric's Ananthan Advocates Circular Economy from Design Stage
ZF Develops Smart CV Technologies with Software
AAI Invests Rs.796 Crore in Airport Repairs
Tractor Sales Contract by 12% in July | ECONOMY & POLICY Ola Electric's Ananthan Advocates Circular Economy from Design Stage
05 Aug 2024 2 Min Read CW Team
In recent decades, technological advancements in India have become a significant trend, leading to increased exploratio... |
09.06.2024 | E-Mobility Maestro: Mahesh Babu Mahesh suggests that one should prioritize creativity and innovation in product development and solutions during the initial stage of organisation. | - |
05.06.2024 | Environmental and financial benefits drive EV adoption in India: Study | - |
31.05.2024 | Euler Motors raised $24 M Series C funding from Piramal Alternatives | Euler Motors, a manufacturer of commercial electric vehicles, has raised an additional Rs 200 crore ($24 million) in a Series C round led by new investor Piramal Alternatives India Access Fund. The funding tranche also included participatio... |
30.05.2024 | Euler Motors Raises INR 200 Crore in Series C Funding Round | Euler Motors, a commercial electric vehicle manufacturer, has secured an additional INR 200 crore in its Series C funding round. The funding was led by Piramal Alternatives India Access Fund, along with existing investors British Internatio... |
30.05.2024 | Why the unorganised sector, thanks to e-rickshaws, leads India's EV growth | - |
29.05.2024 | Euler Motors raises $24 Mn led by Piramal Alternatives | Commercial electric vehicle manufacturer Euler Motors has raised Rs 200 crore ($24 million) more in Series C round led by new investor Piramal Alternatives India Access Fund. Existing investors British International Investment and Blume V... |
28.05.2024 | India's PE-VC Investments Hit $39 Billion in 2023
Swiss Steel Goes Green with Renewables
Mumbai-Ahmedabad Highway: A Test of Patience
Margao Railway Overbridge: Centre Allocates Rs.99 Million | ECONOMY & POLICY India's PE-VC Investments Hit $39 Billion in 2023
28 May 2024 3 Min Read CW Team
Private equity and venture capital (PE-VC) investments in India surged to approximately $39 billion in 2023, marking a significant rebound... |
26.05.2024 | India should 'stay focused' on promoting EVs: Kia India's Hardeep Brar | - |
10.05.2024 | Govt plans electrifying interstate buses with charging infra on key routes | - |
08.04.2024 | How E2W Adoption In Tier 2 And 3 Cities Can Be Boosted Further Despite the growing demand of electric two-wheelers (E2Ws) in the Tier 2 and Tier 3 cities, the penetration is low and there several chal... | - |
03.08.2023 | Temasek to invest Rs 1,200 crore in Mahindra’s electric venture | Mahindra Electric Automobile Ltd (MEAL), a subsidiary of Mahindra & Mahindra, is to receive an investment of Rs 1,200 crore from Jongsong Investments Pte Ltd - Temasek.
Temasek will invest the amount in the form of Compulsorily Converti... |
03.08.2023 | Temasek to invest Rs 1,200 crore in Mahindra Electric via preference shares | Mahindra Electric Automobile Ltd (MEAL), Mahindra & Mahindra's electric vehicle arm, on Thursday, announced that investment firm Temasek would invest Rs 1,200 crore in the company in compulsorily convertible preference shares.
With this... |
03.08.2023 | Singapore-based Temasek to invest Rs 1,200 crore in Mahindra Electric at $9.8B valuation | Anand Mahindra-led Mahindra & Mahindra, which operates in sectors including automotive, farm, and services businesses, said Singapore-based Temasek will be investing Rs 1,200 crore in Mahindra Electric Automobile, the four-wheeler (4W) ... |
22.03.2023 | World Bank’s IFC To Invest Rs 600 Cr In Mahindra’s Electric Mobility Business | |
29.08.2022 | Mahindra Electric launches Zor Grand e-3-wheeler at Rs 3.6 lakh | - |
26.01.2022 | Baidu’s electric car brand Jidu closes $400M Series A round | Once an industry with long development cycles, the automotive space is being upended by China’s tech giants. One can hardly keep up with all the new electric vehicle brands that come out of the country nowadays. Jidu, an electric carmaking ... |
29.11.2021 | Nissan to invest USD 17.6 billion to speed electric car rollout | Nissan Motor will invest JPY 2 trillion (USD 17.6 billion) over the next five years to accelerate its electric vehicle sales, the company announced Monday.
Nissan unveiled its “Nissan Ambition 2030” plan outlining its long-term vision and i... |
15.11.2021 | India Electric Car Markets Report 2021: Market was Valued at $10.107 Billion in 2021 and is Projected to Grow at a CAGR of 41.02% to be Valued at $78.190 Billion by 2027 | Dublin, Nov. 15, 2021 (GLOBE NEWSWIRE) -- The "India Electric Car Market, By Vehicle (SUV & MPV, Sedan, Hatchback), By Drivetrain (FWD, RWD, AWD), By Battery Capacity (Below 25 KWH, 25KWH-40KWH, Above 40KWH), By Company, By Region,... |
19.05.2021 | Embattled Chinese Property Tycoon Turns to Electric Cars. Cue $87 Billion Valuation. | - |
14.05.2021 | Hyundai to invest US$7.4 billion in US by 2025, with electric cars in focus | REUTERS -South Korea's Hyundai Motor Group said on Thursday it planned to invest US$7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.... |
14.05.2021 | Hyundai to invest $7.4 billion in U.S. by 2025, with electric cars in focus | Hyundai's announcement comes as U.S. President Joe Biden's administration prioritized a push toward electric cars, aiming to replace the 650,000 vehicles in federal fleets with U.S.-made electric vehicles.
In January, Biden also signed an e... |
14.05.2021 | Hyundai to invest $7.4 billion in US by 2025, with electric cars in focus | South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.
Hyundai’s ... |
13.05.2021 | Hyundai to invest $7.4 billion in U.S. by 2025, with electric cars in focus | By Reuters Staff
2 Min Read
FILE PHOTO: A shop sign of Hyundai is seen outside a car showroom in Bletchley, Milton Keynes, Britain, May 31, 2020. REUTERS/Andrew Boyers/File Photo
(Reuters) -South Korea’s Hyundai Motor Group said on Thursday... |
26.02.2021 | Electric car maker e.GO Mobile scores €30M+ | Majority shareholder Nd Industrial Investments has secured over €30 million in Series B funding for German electric-car maker e.GO Mobile. Investors included Moore Strategic Ventures, former US Treasury Secretary John Snow and actor Edward ... |
25.02.2021 | German electric car manufacturer e.GO Mobile gets €30 million to start production | German electric vehicle manufacturer e.GO Mobile has received over €30 million in Series B funding in a round conducted by nd Industrial Investments, the company’s majority shareholder.
The fresh capital will kickstart production of the e.G... |
12.01.2021 | Chinese electric car start-up Xpeng gets $2 billion in credit from state-owned banks | Alibaba-backed Xpeng announced Tuesday it secured a credit line of 12.8 billion yuan ($1.98 billion) from major Chinese financial institutions — including three of the “big five” state-owned banks: Bank of China, China Construction Bank and... |
16.12.2020 | This German mobility startup has made an electric car that charges itself, raises €45M | Almost all the countries around the world are moving away from fuel-powered cars to get rid of carbon emission as well as to experience what the latest technologies such as electric vehicles have to offer.
However, increased adoption of EVs... |
13.07.2020 | Electric car maker Fisker to go public through SPAC deal at US$2.9 billion valuation | DETROIT: Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of US$2.9 billion, the companies said on Monday (Jul 13).
Reu... |
13.07.2020 | Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation | By Ben Klayman
4 Min Read
DETROIT (Reuters) - Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the com... |
13.07.2020 | Electric car maker Fisker to go public through SPAC deal at $2.9 billion valuation | By Ben Klayman
DETROIT (Reuters) - Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said... |
03.03.2020 | Sondors Electric Car Has Raised $449,817 on StartEngine | Sondors Electric Car Company has raised $449,000 on StartEngine under Reg CF. This is the second offering listed on StartEngine and Sondors has around $1.4 million on StartEngine so far.
Sondors got its start in the e-bike world with succes... |
02.03.2019 | German carmakers to invest 60 billion euros in electric cars and automation: VDA | By Reuters Staff
2 Min Read
Slideshow ( 2 images )
FRANKFURT (Reuters) - Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car ind... |
30.08.2018 | James Dyson invests another £116m to build electric car testing facilities | Dyson is to build a ten-mile test track at new facilities close to its headquarters in Wiltshire to put its forthcoming electric car through its paces ahead of a planned launch in 2020. Based on the... |
23.03.2018 | Matrix Partners co-leads $473m round in China’s electric car maker CHJ Automotive | Premium
Chinese electric car startup CHJ Automotive has pocketed Rmb3 billion ($473 million) in its Series B funding round led by Matrix Partners China and Shougang Fund’s new energy fund portfolio, according to Chinese media reports.
Conti... |
29.01.2018 | Chinese electric car startup Xiaopeng raises $350 million from Alibaba and Foxconn | Chinese electric car startup, Xiaopeng Motors, announced it has secured a $348 million investment round led by two Chinese tech giants, Alibaba and Foxconn. The funding round was joined by venture capital firm IDG Capital. The company plans... |
30.11.2017 | After Suzuki, Hyundai to introduce electric cars in India with Rs 5000 Cr investment plan | Hyundai Motor India is going to introduce its electric cars in the country, the latest entrant to India’s electric vehicle bandwagon.
Ioniq, the brand under which the South Korean car maker sells electric, hybrid and plug-in hybrid cars, ma... |
25.11.2017 | Mahindra sells 600 electric cars in 7 months, to launch two new EVs soon | After selling 600 electric vehicles in first seven months of this year, Mahindra and Mahindra (M&M), electric cars maker in India, will soon launch two new EVs.
According to the company, an electric variant of its compact SUV KUV100 wil... |
18.11.2017 | Volkswagen To Invest $40B On Self-Driving & Electric Cars | Volkswagen has moved to advance the automotive company’s push in the self-driving and electric cars segment by agreeing to invest 34 billion euro, or approximately $40 billion, in the research and development of those vehicles through 2022,... |
09.11.2017 | China electric car startup Nio raises over $1 billion from Tencent, others: sources | By Julie Zhu
3 Min Read
HONG KONG (Reuters) - Chinese electric vehicle startup Nio has raised more than $1 billion in its latest fundraising round, led by existing investor Tencent Holdings Ltd, valuing the firm at about $5 billion, two peo... |
09.11.2017 | China’s electric car startup Nio raises over $1b led by Tencent | Premium
Chinese electric vehicle startup Nio has raised more than $1 billion in its latest fundraising round, led by existing investor Tencent Holdings Ltd , valuing the firm at about $5 billion, two people with knowledge of the matter said... |
27.09.2017 | Dyson to invest £2.5bn developing electric car set for 2020 launch | Dyson has revealed that it is developing an electric car, with the company planning to launch a product by 2020. The news was disclosed yesterday by company founder Sir James Dyson in a company-wide... |
11.08.2017 | JSW Energy to invest up to $623 mn in electric cars | JSW Energy will invest up to 40 billion rupees ($623 million) to build electric cars, batteries and charging infrastructure, part of the power company's diversification plans to drive future growth, its chief executive said.
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J... |
06.11.2016 | Chinese electric car startup Singulato raises $600m in second fundraising round | Premium
Little-known Chinese electric car startup Singulato Motors is expected to say this week it raised around $600 million in a second fundraising – the latest such move illustrating China’s headlong ‘gold rush’ into all-electric battery... |
10.08.2016 | China's LeEco to invest $1.8 billion in electric car factory | By Reuters Staff
2 Min Read
A sign is seen on all-electric battery "concept" car called LeSEE as it's unveiled by Jia Yueting (unseen), co-founder and head of Le Holdings Co Ltd, also known as LeEco and formerly as LeTV during a c... |
21.07.2016 | Samsung invests $450M in Chinese electric car firm BYD | On Thursday, Reuters reported that Samsung invested $450 million in BYD Company Ltd., a Chinese automaker and rechargeable batteries firm. The Korean smartphone giant clearly isn’t about to let Google, Apple and Tesla have all the automotiv... |
05.01.2011 | Electric car startup Coda raises $76 million towards pre-IPO goal | Electric-car startup Coda announced it has raised $76 million of a planned $125 million in what should be the company’s final round of financing before it tries for an IPO.
Coda wants its public offering to become a reality this year, a Cod... |
11.05.2010 | Electric Car Maker THINK Expands With Additional $40M; THINK City Goes on Sale in the US | THINK, a Norway-based electric car maker, has completed a US$40m equity increase.
The investment round was co-led by RockPort Capital Partners, an investment fund co-located in Boston and Menlo Park, Calif., specializing in energy and clean... |
06.01.2010 | Electric car maker Coda scores another $25M in funding | Santa Monica-based Coda Automotive has just closed a third round of funding that brings its investment total to $74 million. Coda declined to name the investor(s) in this round, just as it names angel investors but no VC or other deep pocke... |
- | Electric Vehicles This Week: CK Birla’s Avtec to Invest $88Mn in EVs, Mahindra Electric To Partner With Ola And Uber, And More | The Society of Electric Vehicles Manufacturers (SMEV) of India has urged the Centre to make policies that will help manufacturers in the short-term — starting with a period of three months to three years at the maximum. The move is aimed at... |
- | Aptera solar electric car with ‘1,000 miles’ of range gets $4M in backing, more than 7,000 preorders | Aptera, a startup aiming to bring to market a solar- and battery-powered electric car with “up to 1,000 miles” of range, received $4 million in backing and more than 7,000 preorders.
This is Aptera’s second go. The company was created in 20... |
- | These stocks may stand to benefit from India’s growing electric vehicle market | The move toward electric vehicles is inevitable and in a country like India, higher fuel prices will likely make owning cars that run on electricity comparatively more affordable, according to Motilal Oswal’s Siddhartha Khemka.
The bulk of ... |
- | Tesla (TSLA) announces up to $12 billion investment for electric car and battery factories in just 2 years | Tesla (TSLA) has updated its capital expenditure guidance to confirm a plan to invest up to $12 billion on its new electric car and battery factories in just two years.
It marks an acceleration of the automaker’s spending in order to increa... |
- | India’s Mahindra Group expects 50% of vehicles sold by 2030 to be electric, CEO says | Indian automaker Mahindra & Mahindra expects half the vehicles it would sell by 2030 to be electric, the company’s managing director and CEO, Anish Shah, told CNBC on Friday.
The market for battery-powered vehicles in India is still at ... |
- | VW announces massive $84 billion investment in electric cars and batteries | Volkswagen updated its plans for electric cars with a complete overhaul of its investment strategy.
After announcing an initial investment of $10 billion in EVs earlier this year, which was still smaller than the German automaker’s investme... |
- | UK announces important £500 million electric car support for infrastructure and rebate | The UK has some good momentum for electric vehicle adoption and they are trying to keep it.
This week, the government unveiled their Autumn budget and it includes an important investment to support the adoption of electric vehicles.
As part... |
- | ₹1,200 crore in Mahindra Electric to acquire up to 3% stake" data-reg="Temasek to invest ₹1,200 crore in Mahindra Electric to acquire up to 3% stake">Temasek to invest ₹1,200 crore i... | ₹1,200 crore in Mahindra Electric to acquire up to 3% stake" data-reg="Temasek to invest ₹1,200 crore in Mahindra Electric to acquire up to 3% stake">Temasek to invest ₹1,200 crore in Mahindra Electric to acquire up to 3% ... |
- | Ford is getting serious about electric cars, announces $4.5 billion in investment and 13 new models coming | We reported earlier today about Ford preparing to unveil a plug-in vehicle at the Detroit Auto Show next month, but apparently that leak was only a teaser as Ford just announced that it is getting really serious about electric cars with $4.... |
- | Billionaire investor Rakesh Jhunjhunwala reveals how he’s playing India’s electric vehicle market | Indian billionaire investor Rakesh Jhunjhunwala said that company valuations will not ultimately decide who will win the race for electric vehicles.
Instead, large firms that have good manufacturing, distribution and investment capabilities... |
- | Tesla announces $25,000 electric car enabled by new battery cell | Tesla today announced an upcoming $25,000 electric car enabled by its new battery cell and coming within the next three years.
Originally, CEO Elon Musk indicated that Tesla wouldn’t likely make a car for less than $35,000.
His thought proc... |