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Exclusive: EV startup Zypp in talks to raise new funding from Tribe Capital at $300-350 million valuationZypp Electric seeks $40M funding from Tribe Capital for expansion and tech development. Revenue tripled in FY24. Launching $250M India fund...
Yulu raises $19 million from Magna and Bajaj Auto, eyes expansion & new product launchYulu Bikes, a shared mobility services provider, has secured $19.25 million in funding from existing investors Magna and Bajaj Auto, with w...
Assam adds 10 catamaran vessels, 3 tug boats, and a search and rescue vesselThis strategic fleet expansion is a visionary initiative that seeks to harness the vast potential of Assam's abundant river systems. The in...
Startups with electric vans race to fill demand for zero-emissions deliveryThe likes of Germany's Liefergrun, the UK's Zedify and Packfleet, and New York-based DutchX are tapping into retailers' need to hit environ...
Electric cycles brand Hero Lectro to cut prices of products in DelhiAs a direct benefit of the inclusion of e-cycles in the Delhi EV policy, eligible Hero Lectro variants (C6, C8i, F6i and C5) will see an ef...
Can TVS Motor's electrifying ride fuelled by acquisitions reward shareholders?Several new businesses have entered the EV market, such as Ola, Ather, Okinawa, and Simple Energy. These companies are backed by venture ca...
Hero Lectro launches platform to enhance D2C sales, strengthen omni-channel presenceHero Lectro said its online store will cater to both personal and cargo usage and will also fulfill corporate and bulk Business-to-business...
French Startup Bigblue raises $15 million to deliver Amazon-level experience for its D2C customersBigblue, a Paris-based startup, has raised $15 million in Series A funding. The company has stated that it will utilize the funds to employ...
Lords Automative ties up with state-owned firm to make EVs in KeralaLords Automative, a subsidiary of Lord’s Mark Industries, will hold 74% stake in the joint venture company that will set up a manufacturing...
Nexzu Mobility unveils e-cycle Bazinga priced at Rs 49,445The cargo version of the e-bike has, however, been priced at Rs 51,525, the company said on Friday. The Bazinga brand of bikes are slated f...
e-Ashwa Automotive launches range of electric two-wheelersEarlier this month, the Ghaziabad-based company had announced the roll-out of a range of EVs--two-wheelers and three-wheelers (passengers a...
Popularity of e-bikes isn’t slowing downGrowth in sales of e-bikes does not seem to be slowing. Deloitte projected that between 2020 and 2023, 130 million e-bikes would be sold wo...
TVS Motor enters Europe's e-bike market, acquires Swiss company EGO MovementTVS Motor picked up 80% stake in EGO for $17.9 million with an eye on generating over $100-150 million dollars in the next three to five ye...
Swiggy, Reliance BP Mobility partner to build EV ecosystemSwiggy has signed an agreement with Reliance BP Mobility Limited (RBML) to build an EV ecosystem and battery-swapping stations for its deli...
Hero Lectro ties up FDL, Turtle Mobility to deploy e-cargo bikes for last-mile deliveryWhile FDL is a global last-mile delivery logistics company that has recently marked its entry into India, Turtle Mobility is a start-up tha...
Aiming for dominant position in electric bicycle segment in Europe: Hero Cycles"The Europe market is big and growing... the market there is very predictable... HNF is the entry point as we have gone from India to Germa...
Electric vehicle sales to get a boost amid pollution and energy security concernsGovt is readying a scheme where commercial EVs may not be required to get permits, which are costly and time consuming, to help boost elect...