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Reva founder Maini invests in EV and autonomous tractor startup AutoNxt

TMT

15 November, 2019

Reva founder Maini invests in EV and autonomous tractor startup AutoNxt

AutoNxt Automation Pvt. Ltd, an electric vehicle startup that builds electric and autonomous tractors, has raised an undisclosed sum of ......

Electric two-wheeler rental platform eBike Go raises funding

TMT

11 November, 2019

Electric two-wheeler rental platform eBike Go raises funding

eBike Go, an electric two-wheeler rental startup based in Amritsar, has raised $300,000 (approximately Rs 2.14 crore at current exchange ......

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Former ISRO execs' electric mobility startup gets fresh VC funding

TMT

10 September, 2019

Former ISRO execs' electric mobility startup gets fresh VC funding

An electric vehicle startup founded by two former employees of the Indian Space Research Organisation has received funding from a ......

Govt cuts GST on electric vehicles to boost sales

Manufacturing

29 July, 2019

Govt cuts GST on electric vehicles to boost sales

India on Saturday slashed taxes on electric vehicles and chargers, as it looks to encourage the use of more environmentally ......

Indian auto parts makers warn of 1 mn job cuts if slowdown continues

Manufacturing

25 July, 2019

Indian auto parts makers warn of 1 mn job cuts if slowdown continues

India’s auto parts industry could be forced to slash a fifth of its 5 million or so workforce if the ......

Japan's Mitsui & Co. backs last-mile electric mobility startup SmartE

TMT

22 July, 2019

Japan's Mitsui & Co. backs last-mile electric mobility startup SmartE

Electric mobility service provider SmartE on Monday said it has raised around Rs 100 crore ($14.5 million) from Japanese conglomerate ......

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Electric vehicle startup Ampere sees valuation drop in second leg of M&A deal

Manufacturing

16 July, 2019

Electric vehicle startup Ampere sees valuation drop in second leg of M&A deal

Electric two-wheeler maker Ampere Vehicles Pvt. Ltd has seen a decline in its valuation after engineering firm Greaves Cotton Ltd ......

Hero MotoCorp carves out electric vehicle unit, rejigs top deck

Manufacturing

09 July, 2019

Hero MotoCorp carves out electric vehicle unit, rejigs top deck

Hero MotoCorp Ltd on Tuesday said it had appointed Rajat Bhargava as head of its newly created ‘Emerging Mobility’ unit ......

Former Tata Motors exec backs electric scooter startup BattRE

Manufacturing

08 July, 2019

Former Tata Motors exec backs electric scooter startup BattRE

Former Tata Motors Ltd president Gajendra Chandel has invested an undisclosed sum of money in the Jaipur-based electric scooter startup ......

Budget 2019: Electric vehicles get big push, tax policy to boost Make In India

Manufacturing

05 July, 2019

Budget 2019: Electric vehicles get big push, tax policy to boost Make In India

The central government on Friday said it would provide income-tax deduction of Rs 1.5 lakh on the interest paid on ......