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EV STARTUP ALTIGREEN
EV maker Euler Motors raises Rs 437.5 crore from Lightrock, Hero MotoCorp, othersEuler Motors has raised Rs 437.5 crore ($47 million) in a funding round led by Lightrock, with participation from Hero MotoCorp and Blume V...- Bengaluru startup offering battery-as-a-service for MG Comet EV, Windsor EV, and ZS EV at just Rs 2.5 per kmVidyut partners with JSW MG Motor India to introduce Battery-as-a-service (BaaS) for select MG electric vehicles. This service allows EV ow...
- Hero MotoCorp looks to debut in electric 3-wheeler spaceHero MotoCorp is in advanced talks to invest up to ₹900 crore in Bengaluru-based Altigreen Propulsion Labs, a maker of electric three-wheel...
- Electric mobility startup Vidyut launches offline pre-owned EV sales, financing platformVidyut has launched an offline pre-owned EV platform in Delhi-NCR, Hyderabad, and Bengaluru, with plans to expand. An online marketplace is...
- EV marketplace-financing startup Turno raises $6 million from BII, othersFounded in April 2022 by former Zoomcar C-suite executives Hemanth Aluru and Sudhindra Reddy, Bengaluru-based Turno provides financing solu...
- EV sector may have to wait longer for FAME subsidy extensionThe interim budget did not mention an extension of the FAME subsidy, leaving EV makers uncertain about the future of the FAME II scheme. Wh...
- Karnataka EV policy to be out in two weeks, industry bats for sops for component makers, buyersThe draft policy released earlier this month has evoked mixed responses from the stakeholders, some of whom acknowledged that a proposed in...
- EV cos seek to hire senior execs from legacy auto firmsElectric Vehicles (EV) and associated companies are going all out to attract senior executives from legacy automobile firms as significant ...
- Karnataka emerging as Li-ion battery making hubUS-based IBC signed an agreement with the state government this month to set up a recyclable lithium-ion battery manufacturing unit. The co...
- EV battery maker Exponent eyes funding to grow rapid charging businessExponent, the maker of electric vehicle batteries that can be fully charged in 15 minutes using its rapid charger, expects to close the rou...
- Magenta Mobility to roll-out 15-min rapid charging Electric Vehicle Fleet; Partners with Altigreen and ExponentMagenta Mobility has partnered with Altigreen Propulsion Labs and Exponent energy to launch a 15-minute rapid charging Electric Vehicle fle...
- Exponent Energy and Alt Mobility to finance 1000 Altigreen neEV Tez electric 3-wheelers"The partnership between Exponent Energy and Alt Mobility is set to redefine the future of the EV industry and foster widespread adoption. ...
- Commercial EV startup Altigreen opens first retail experience centre in MysuruThis is the company’s 23rd retail dealership in India, following the launches in major metros like Mumbai, Chennai, Hyderabad and Bengaluru...
- EV financing startup Vidyut Tech raises $4 million in equity and debt fundingFollowing the funding, Vidyut Tech aims to partner with more EV makers and expand to more geographies. It will also double the headcount of...
- E-commercial vehicle maker Altigreen plans to raise Rs 1,000 crore next yearAltigreen, which raised Rs 300 crore from Reliance Industries and four venture capital funds earlier in February this year, will utilize th...
- EV startup Altigreen opens first 3-wheeler showroom in Bengaluru, plans 30 more by March endKarnataka’s IT/BT Minister CN Ashwath Narayan opened the showroom, which will also handle servicing, retailing parts, and charging. The Min...
- How Altigreen wants to revolutionise last mile connectivity, the electric wayThere is a Rs 14,000 crore reason for Altigreen to do so. The Indian 3W market is projected to grow to ₹14,000 crores in FY23 with electric...
- RIL drives into electric CV maker Altigreen with 4 VCsReliance Industries and four venture capital funds are investing ₹300 crore in electric commercial vehicle maker Altigreen, which will help...
- Altigreen bags order of 1500+ commercial EVs worth Rs 75 crore from MoEVingMeanwhile, Debashis Mitra, VP Sales & marketing, said Altigreen is planning for a deep penetration in the market "by moving from B2B to B2C...
- Logistics firm COGOS to augment its fleet with 2,500 electric vehiclesThe Bengaluru-based company has partnered with OEMs such as Altigreen, Mahindra & Mahindra and Piaggio to enable its sustainable growth, th...
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