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Murugappa Group to acquire Cellestial E-Mobility, plans Rs 350 crore investment in EV biz

autherAutocar Professional Bureau     calendar24 Jan 2022

TII has now said that it will infuse initial capital to the extent of Rs 350 crore into the new subsidiary for clean mobility through a combination of equity, preference and debt instruments.

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Fresh round of fund raising by Ola Electric News National
Fresh round of fund raising by Ola Electric

autherAutocar Professional Bureau calendar24 Jan 2022

he latest round of funding values the company at $5 billion. 

Zypp Electric partners Mechanifyspares for aftersales support News National
Zypp Electric partners Mechanifyspares for aftersales support

autherAutocar Professional Bureau calendar24 Jan 2022

Zypp will also enable Mechanifyspares in becoming a one-stop solution for all sorts of EV challenges related to mainte...

eWheelers Mobility opens multi-brand EV fulfilment centre in Bangalore News National
eWheelers Mobility opens multi-brand EV fulfilment centre in Bangalore

autherAutocar Professional Bureau calendar24 Jan 2022

The company aims to establish one centre in every state by September.

Renault inks pact with Geely for HEVs in S.Korea News International
Renault inks pact with Geely for HEVs in S.Korea

autherAutocar Professional Bureau calendar21 Jan 2022

Geely Group will become a strategic partner of RSM, including licensing architecture and powertrain technologies.

FedEx Express trials EVs for last-mile deliveries in India News National
FedEx Express trials EVs for last-mile deliveries in India

autherAutocar Professional Bureau calendar21 Jan 2022

Following positive trial results, FedEx Express will extend the trial to Delhi.

 Omega Seiki, Sun Mobility ink alliance for electric three-wheelers with swappable batteries News National
Omega Seiki, Sun Mobility ink alliance for electric three-wheelers with swappable batteries

autherAutocar Professional Bureau calendar21 Jan 2022

The partnership will give OSM access to Sun Mobility’s network of Swap Points with advanced Quick Interchange Station ...

Hyundai partners IonQ for next-gen batteries News International
Hyundai partners IonQ for next-gen batteries

autherAutocar Professional Bureau calendar20 Jan 2022

The Hyundai, IonQ partnership lays the groundwork to improve performance, cost, and safety of batteries in EVs.

Yamaha Motor to launch EMF e-scooter with swappable battery News International
Yamaha Motor to launch EMF e-scooter with swappable battery

autherAutocar Professional Bureau calendar20 Jan 2022

The EMF’s chassis was designed by Yamaha Motor’s local subsidiary of Yamaha Motor R&D Taiwan based on the Gogoro Desig...

LML ropes in Saera Electric Auto as a contract manufacturer News National
LML ropes in Saera Electric Auto as a contract manufacturer

autherAutocar Professional Bureau calendar20 Jan 2022

As per the understanding, Saera’s state-of-the-art facility located at Bawal, Haryana will produce the upcoming LML el...