VinFast Marks Historic Milestone with Groundbreaking of $500 Million EV Manufacturing Plant in Tamil Nadu, India
VinFast, Vietnam’s prominent electric vehicle manufacturer, has inaugurated its inaugural integrated electric vehicle (EV) manufacturing plant in Tamil Nadu, India. This significant initiative, set to generate job opportunities for approximately 3,500 local workers, underscores VinFast’s commitment to global sustainability and its robust presence in the green transportation sector. The groundbreaking ceremony was graced by esteemed dignitaries including Thiru M. K. Stalin, Honorable Chief Minister of Tamil Nadu, and Thiru Dr. T. R. B. Rajaa, Honorable Minister for Industries, Government of Tamil Nadu, among others. Spanning 400 acres within the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) industrial estate, the EV facility represents an initial investment of $500 million over 5 years, with a projected capacity of 150,000 vehicles annually.
Servotech Power Systems Secures Contract for 1500 DC Fast EV Chargers from HPCL and Other OEMs
Servotech Power Systems Ltd., a prominent manufacturer of EV Chargers in India, has clinched a substantial order for approximately 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. Valued at 102 crores, the order encompasses two charger variants of 60 kW and 120 kW. HPCL’s order entails Servotech’s manufacturing, supply, and installation of DC EV Chargers nationwide, with a focus on deployment at HPCL’s retail outlets. Additionally, Servotech will manufacture and supply the remaining chargers to other EV charger OEMs. This initiative is a significant stride towards enhancing the consumer-friendliness of EVs by establishing a robust and well-connected EV charging infrastructure. It also aligns with the goal of promoting decarbonized mobility and meeting the evolving requirements of the sustainable automotive industry.
Alstom Launches LEAP Program for Sustainable Last-Mile Connectivity in Bengaluru
Alstom, a prominent advocate of smart and sustainable mobility, has launched the Low Emission Access to Public Transport (LEAP) program as part of its Corporate Social Responsibility initiative. LEAP aims to enhance last-mile connectivity and promote greater usage of public transport. In its pilot phase, the program introduces electric autorickshaws through MetroRide, a AI-powered EV ride-hailing solution, from Yelachenahalli and Indiranagar stations of Bengaluru’s Namma Metro. In a bid to foster inclusivity in urban mobility, MetroRide has trained approximately 25 women drivers to operate the electric rickshaws in the region. The rides can be booked via the MetroRide app.
Log9 and Trinity Cleantech Forge Strategic Alliance to Spearhead India’s Electric Vehicle Charging Revolution
In a significant initiative to advance India’s electric vehicle (EV) infrastructure, Log9, a leading innovator in EV charging, and Trinity Cleantech, a comprehensive solutions provider, have forged a strategic partnership. The objective of this collaboration is to establish a robust and interoperable charging network, facilitating widespread adoption of EVs. Under the brand name “Thunder+,” Trinity will deploy 2,000 public charging stations across India by the end of the upcoming fiscal year. This rapid expansion directly addresses range anxiety, thereby enhancing confidence and accessibility for EV users. Leveraging Trinity’s expertise in manufacturing, software, and infrastructure management ensures reliable and efficient charging services.
Haryana’s EV-CO Accelerates EV Manufacturing With L3 And L5 Production Hub
Haryana-based EV-CO, a new entrant in the Indian electric vehicle market, has positioned itself as a modern electric vehicle (EV) manufacturer. Currently, the company produces approximately 5,000 EVs monthly, comprising two-wheelers and three-wheelers falling under the L3 and L5 categories, featuring customized battery solutions. Expanding its offerings, EV-CO is in the process of developing four-wheelers to broaden its product range and provide more options to eco-conscious consumers. As a self-funded entity, EV-CO operates a cutting-edge manufacturing facility covering 80,000 sq. ft, equipped with advanced technology and machinery. The company benefits from a team with a cumulative manufacturing experience of three decades, giving it a competitive edge in a sector projected to reach a market value of USD 113.99 billion by 2029.
IONAGE And SundayGrids Unveil Solar-Powered EV Charging Revolution
IONAGE, a leading eMobility service provider, has partnered with SundayGrids, a digital solar platform, to introduce a groundbreaking Digital Solar-based EV Charging Platform. This innovative platform allows electric vehicle (EV) owners to conveniently charge their vehicles using solar power anytime, anywhere. Since its inception in 2021, IONAGE has emerged as a driving force in supporting Charge Point Operators (CPOs), businesses, and electric vehicle (EV) owners in their pursuit of sustainable mobility. With 3000 charge points currently onboarded nationwide, IONAGE aims to add another 3000 in the next two quarters and exceed 100,000 charge points by 2028. The Digital Solar-based EV Charging Platform distinguishes itself by enabling EV owners to subscribe and use digital solar credits for home chargers and across all networks connected to the IONAGE platform.
Jindal Steel & Power Accelerates Towards Net Zero With 10 Electric Buses And 27 SUVs At Angul Unit
Jindal Steel & Power (JSP), a prominent steel producer in India, has taken a substantial leap towards its Net Zero goals by introducing 10 electric buses and 27 electric SUVs at its Angul unit in Odisha. This strategic move underscores JSP’s strong commitment to environmental sustainability and decarbonization. Mr. Naveen Jindal, Chairman of Jindal Steel & Power, launched the electric vehicles, emphasizing the company’s dedication to sustainable growth and environmental stewardship. The deployment of electric buses and the implementation of extensive solar installations at the Angul unit signify crucial strides in JSP’s pursuit of Net Zero, contributing to a cleaner and greener Earth.
Gensol Electric Vehicles Receives ARAI Certification for Revolutionary EV, Set to Redefine Urban Mobility in India
Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Ltd.and a leading player in the eMobility sector, proudly announces the certification and approval of its innovative electric vehicle by the Automotive Research Association of India (ARAI). This milestone signifies a significant leap forward, clearing the path for the official launch and commercialization of the electric vehicle in the Indian market. The rigorous ARAI certification process rigorously evaluates a vehicle’s performance, safety, and compliance with regulatory standards. Gensol EV successfully met these stringent criteria through extensive vehicle testing in controlled lab environments and varied terrain conditions. This certification marks the culmination of the vehicle homologation process, demonstrating Gensol EV’s readiness to enter production and revolutionize sustainable urban mobility in India.
Log9 Materials Teams Up with ETO Motors to Enhance e3Ws with Advanced Battery Technology
Log9 Materials, a renowned innovator in advanced battery technology, has forged a strategic alliance with ETO Motors, a trailblazer in Electric Mobility as a Service (eMaaS) and a producer of electric three-wheeler vehicles (3W EVs), to offer sustainable and dependable battery solutions for ETO Motors’ fleet. This collaboration signifies a significant leap forward in promoting electric mobility and empowering women entrepreneurs in the transportation sector. Log9 Materials’ cutting-edge batteries, renowned for their extended lifespan and durability, will be retrofitted into ETO Motors’ e3Ws, replacing their 2-3 year old batteries. This upgrade is poised to substantially enhance the range, efficiency, and overall performance of ETO Motors’ e3Ws, while simultaneously reducing their environmental impact.
Quantum Energy Partners with Battery Smart: Accelerating Electric Mobility Solutions in India
Quantum Energy, a prominent electric two-wheeler manufacturer in India, has forged a strategic alliance with Battery Smart, the country’s largest and rapidly expanding battery-swapping network catering to electric two and three-wheelers. This collaboration aims to leverage Battery Smart’s extensive network of over 900 swap stations across 25+ cities to facilitate battery swapping services for Quantum’s electric scooters. This initiative allows users to effortlessly access fully charged batteries within two minutes, ensuring seamless mobility solutions. The partnership holds significant implications for ride-hailing, last-mile delivery, and connectivity companies utilizing Quantum’s electric fleet vehicles, alleviating concerns regarding range anxiety and prolonged charging times.
Hala Mobility Raises INR 1 Crore from Perpetuity Capital to Expand EV Fleet and Finance 500 Electric 2W for Gig Workers
Hala Mobility, a multi-modal EV ride-sharing platform, has secured INR 1 crore from EV finance platform Perpetuity Capital to bolster their fleet expansion efforts. Additionally, Hala Mobility has forged a strategic partnership with Perpetuity Capital to finance an additional 500 Electric 2W vehicles over the next year. This collaboration aims to facilitate direct funding for last-mile delivery drivers and gig economy workers seeking to acquire electric vehicles for commercial use. With an existing fleet of over 2,500 Electric 2-wheelers on their last-mile logistics platform, facilitating over 40,000 deliveries daily, the funding infusion will enable Hala Mobility to augment its fleet size and venture into new geographical territories.
