Tata Motors Receives An Order For 1000 XPRES T EVs From OHM E Logistics Pvt Ltd In Hyderabad
Tata Motors, India’s leading automobile manufacturer and the pioneer of India’s EV evolution received an order for providing 1000 XPRES-T EVs to OHM E Logistics Pvt. Ltd. in Hyderabad, for their electric cab transportation services. These cars will be delivered to OHM E Logistics in a phased manner. Commenting on this order, Mr. Nirmal Reddy, Founder, OHM E Logistics Pvt Ltd, “As part of OHM’s commitment towards sustainable mobility, we are looking forward to enhancing our fleet with the XPRES T EV – Tata Motors’ class-leading product in the EV fleet segment. This addition will help us further boost our existing airport cab operations and increase the availability of electric vehicles for intra-city services to the people of Hyderabad.”
BPCL Launches 6 Highway Corridors For Fast-Charging Of Electric Vehicles Across Western India
Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced the launch of EV Fast-Charging stations on six highways in Western India. These six highways are –
Pune-Ahmednagar-Aurangabad – 240 KMs
Pune-Solapur (4 ROs), 250 KMs
Pune- Nashik (4 ROs), 200 KMs
Pune-Kolhapur (3 RO s), 225 KMs
Mumbai- Nashik (3 RO s) 200KMs and
Nashik- Shirdi (3 RO s), 90 KMs
The EV fast chargers at BPCL Fuel Stations recharge EVs in just about 30 minutes giving a driving range of up to 125 kilometers, therefore the distance between the two such facilities at highways has been kept within 100 kilometres.
Kabira Mobility Secures $50 Million Investment For Expansion From Al Abdulla Group
Kabira Mobility is an EV startup that sells KM3000 as well as KM4000 electric bikes. It announced that it had secured a $50 million investment from the Al-Abdulla Group of Qatar, at an undisclosed value. The Goa-based company said that the funds raised would be used to improve its existing facility and set up a greenfield facility in Uttar Pradesh. However, the companies did not reveal the details of the deal. The company plans to increase its production capacity, introduce new products, and improve its sales infrastructure throughout the country. At its Dharwad facility, the company has a monthly production capacity of 40,000 units.
CHARGE+ZONE Raises $54M Funding As A Part Of Series A1 Round led By BlueOrchard
CHARGE+ZONE, a leading EV charging company in India raises one of the largest rounds in equity and debt to expand the high-speed charging network in the country led by BlueOrchard Finance, a member of the Schroders Group and a leading global impact investment management firm along with existing and new institutional investors. As part of Series A1, CHARGE+ZONE has raised $54M of which $8M is debt investment from an infrastructure strategy managed by Blue Orchard.
Ather Energy Partners With Southern Railways For EV Charging Stations In Chennai
Ather Energy announced a partnership with Southern Railways for the establishment of electric vehicle charging stations at ten stations in suburban stations and across the Mass Rapid Transit System (MRTS) in Chennai. Southern Railways and Ather Energy will share 100 square feet at each MRTS or suburban station. This will allow Ather energy to create a charging zone. It allows the company to have three chargers in one location. The fast charging network is available to all owners of electric two-wheelers as well as electric four-wheelers.
IFC To Invest Rs 600 Crores In New Last Mile Mobility Company To Be Launched By Mahindra & Mahindra
In a bid to scale up electric three-wheelers and small commercial vehicles (SCVs) that are more affordable, IFC is investing INR 600 crores in a new last mile mobility (LMM) company – a wholly owned subsidiary of Mahindra & Mahindra that will be a newly incorporated (NewCo). A game-changer for microentrepreneurs in India, the funding will transform lives by boosting their income and paving the way for the auto industry’s seamless shift from fossil fuel to electric vehicles (EVs). IFC’s first investment in an EV manufacturer in the country and the first in electric three-wheelers globally will be in the form of compulsory convertible instruments at a valuation of up to INR 6,020 crores. The INR 600 crores investment will result in ownership of between 9.97% to 13.64% for IFC in NewCo.
FIEM Industries Signs MoU With Gogoro India To Expand Product Portfolio In 2-Wheeler EV Segment
Fiem Industries Limited (FIEM) has signed one Memorandum of Understanding (MoU) with Gogoro India Pvt. Ltd. (A group company of Gogoro Taiwan) to expand its product portfolio in the 2-Wheeler Electric Vehicles (EV) segment. In addition to Lighting & Rear View Mirror business, Fiem Industries will manufacture Hub Motor Assembly, Electric Control Unit (ECU), and Motor Control Unit (MCU) for Gogoro. In terms of MoU, Gogoro will provide the technical know-how and other support in setting up the manufacturing facility as well as production, quality, and testing support for the above new product line.
Magenta Mobility Opens Its Largest EV Charging Depot In Bengaluru
Magenta Mobility, one of India’s leading Electric Mobility Solution providers has opened its largest EV charging depot in Bilekahalli, Bengaluru. The facility was inaugurated by BESCOM GM (DSM) B. V. Palanethra in the presence of key stakeholders like OEM partners, industry experts, and electric vehicle enthusiasts. The new charging depot, spanning 11,000 sq feet, has 63 AC chargers of 3.3 kW and 3 DC chargers of 15kW GB/T to ensure a seamless and efficient charging experience with additional space for further expansion. This marks the 23rd charging depot of Magenta Mobility in Bengaluru and the 35th charging depot in India with a plan for 14 more in the first quarter of FY 23-24.
VoltUp And BSNL Partners To Set Up Battery Swapping Stations For EVs In India
VoltUp, a startup that offers battery-as-a-service (BaaS), announced it had partnered with BSNL to set up battery swapping stations for electric vehicles in the country. The company stated that the initial four locations for battery swapping stations under the partnership will be located in Gurugram. This will enable an infrastructure of more than 150 charging docks. The project will eventually be extended to other cities in Haryana, and 30 more locations by the year-end. The company stated that the partnership between VoltUp & BSNL would expand to cities with high automobile density to encourage last-mile connectivity agents to use electric two- or three-wheelers in daily life.
Piramal Realty And Jio-bp Partner To Provide EV Charging Solutions In Mumbai Metropolitan Region
Piramal Realty, the real estate arm of the Piramal Group, and Jio-bp, a fuel and mobility joint venture between RIL and bp today announced their partnership to provide world-class EV charging solutions across all Piramal’s residential projects in the MMR (Mumbai Metropolitan Region). As part of this partnership, customers, and visitors to Piramal’s residential projects will be able to charge their electric vehicles seamlessly at Jio-bp pulse EV charging stations at sites with the Jio-bp pulse mobile app. Piramal Realty is constantly seeking new ways to contribute towards creating a healthy, sustainable ecosystem while meeting the evolving expectations of customers who aspire to adopt a greener lifestyle.