Discover 24 articles related to EV
Mobility startup iGowise and Patnaik Energy Group have partnered to deploy 5,000 portable EV power banks across Hyderabad and Bengaluru. The solution supports EVs, drones, and remote equipment with app-enabled access. Backed by $1 million seed funding plans, the initiative marks a leap toward mobile, on-demand energy solutions.
Nikhil Kamath invests $20M in GreenLine Mobility Solutions as part of a $275M round led by Essar Group, aiming to deploy 10,000 LNG and EV trucks and establish 100 refueling stations, targeting a reduction of 1 million tonnes of CO₂ emissions annually.
DeCharge, a Solana-based decentralized EV charging network, raised $2.5M in Seed funding led by Lemniscap. Founded by Mohan Ponnada, Prakash Kamaraj, and Rama Krishna, the startup uses blockchain for EV charging solutions. Funds will fuel global expansion, aiming for 16,000+ locations and deploying VoltBox fast chargers.
Bangalore-based EV startup iGowise Mobility has formed strategic partnerships in the UK, Switzerland, and South America to co-develop next-gen electric trikes. Using its modular LeanEV platform, iGo plans to export globally from India, roll out e-trikes by 2026, and boost India's tech and auto exports threefold by 2035.
Hyderabad-based startup Xbattery has launched BharatBMS, a high-voltage Battery Management System designed for applications in homes, factories, EV fleets, and solar installations. Equipped with features like thermal management and real-time monitoring, BharatBMS aims to extend battery life by up to 15%, supporting India's transition to clean energy.
Hero MotoCorp will invest ₹525 crore ($60 million) in Euler Motors, acquiring a 32.5% stake. The investment supports Hero’s push into the electric three-wheeler segment and backs Euler’s vision under founder Saurav Kumar to lead sustainable commercial transportation.
Vidyut, founded by ex-Swiggy and Bounce executives, has secured $2.5 million from Flourish Ventures to expand its battery-as-a-service financing, reducing EV costs and promoting sustainable transportation for SMBs in India.
VoltUp, led by Siddharth Kabra, raises $8M in seed funding to expand its battery-swapping network for EVs. The funding supports deploying 1,000 stations, accelerating India’s transition to sustainable mobility.
Simple Energy, an EV startup, plans to expand with 150 stores and 200 service centers by 2025. Backed by $20 million funding, it aims to boost revenue and strengthen market presence with its flagship electric scooters, Simple One and Dot One.
BGauss, an electric two-wheeler startup founded by Hemant Kabra, has secured ₹161 crore in funding from Bharat Value Fund. The investment will support the company's expansion in domestic and international markets, increase manufacturing capacity, and advance research and development for upcoming products.
BluSmart, India’s premier electric ride-hailing service, raises $50 million at a $335 million valuation. Funds will drive expansion into Mumbai, scaling Bengaluru operations, and adding a premium fleet. With FY24 revenues at ₹376 crore, BluSmart is challenging ride-hailing giants while advancing sustainable urban transport solutions.
Electric tractor startup Moonrider has raised $2.2 million in seed funding, led by AdvantEdge Founders and Micelio Technology Fund. Founded in 2023, the Bengaluru-based company develops cost-effective, climate-friendly tractors with proprietary battery technology. With 75% lower operating costs, Moonrider aims to transform farming while advancing sustainable mechanization globally.