EV Industry Updates

STORY SYNOPSIS Electric two-wheeler manufacturer Simple Energy has successfully closed its ₹250 crore Series B funding round through a mix of debt and equity financing. The fresh capital will be utilized…

Battery Smart (Upgrid Solutions Private Limited) has secured USD 15 million debt funding from Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing. The facility will support the expansion of Battery…

Tata Power EV Charging Solutions Limited (TPEVCSL), a leading EV charging solutions provider and a subsidiary of Tata Power Renewable Energy Limited, has signed a Memorandum of Understanding (MoU) with Gorakhpur Nagar Nigam to strengthen…

Hala Mobility EV funding. India’s leading EV-as-a-service platform Hala Mobility has secured ₹12.25 crore in equity and debt funding following its appearance during the premiere week of Bharat Ke Super Founders, streaming on Amazon MX…

Servotech Renewable Power System Ltd. announced its entry into the electric three-wheeler segment with the launch of a lithium-ion battery and a dedicated charger. The announcement was made at the company’s annual event, SUNKALP. As…

V-GREEN and Hindustan Petroleum Corporation Limited (HPCL) announced collaboration partnership towards jointly setting up Electric Vehicle Charging Stations at HPCL fuel stations in different markets. V-GREEN will leverage HPCL’s fuel…

Indofast Energy, India's leading battery-swapping solutions provider, has launched its franchise program, offering entrepreneurs and business owners an opportunity to participate in India's electric mobility revolution with potential…

MaxVolt Energy Industries Ltd., a leading name in lithium battery technology and energy solutions, once again marked a strong presence at EV Expo 2025, showcasing its next-generation Energy Storage Systems (ESS) designed to support India’s…

Readily Mobility Solutions Private Limited today announced that it has initiated the process of converting into a public company in preparation for an Initial Public Offering (IPO), reflecting its ambition to scale as India’s leading…

According to a new report by Customised Energy Solutions (CES), India’s demand for electric-vehicle batteries is projected to soar from 17.7 GWh in 2025 to 256.3 GWh by 2032, a 14-fold jump that marks one of the fastest expansions of any…