CHARGE ZONE gets $19M to speed up EV charging network expansion in India;BluSmart’s Remarkable Growth: Crossing Rs 500 Crore and More...
CHARGE ZONE , a prominent electric vehicle (EV) charging network in India, has announced a significant milestone with a $19 million commitment from British International Investment (BII), a UK-based development finance institution. This investment marks a crucial step in CHARGE ZONE’s mission to revolutionize electric vehicle infrastructure across India.
Homegrown electric vehicle (EV) company BluSmart announced on Tuesday that it has surpassed Rs 500 crore in annual run rate (ARR) for the fiscal year 2024, marking a 102 percent growth compared to the previous fiscal year. The company highlighted that its gross business value (GBV) has experienced a compound annual growth rate (CAGR) of 300 percent over the last three years.
Piaggio Vehicles Pvt. Ltd. (PVPL), a division of the Piaggio Group and a leading Indian producer of compact commercial vehicles, as well as trailblazers in electric three-wheelers (3EV), has launched a “Battery Subscription Model” for its Ape Elektrik electric three-wheelers.
In the burgeoning realm of electric mobility, a visionary enterprise is steering the charge towards a sustainable future. Aoneng Meglin Solutions, a formidable name in the electric vehicle (EV) charging infrastructure industry, is on a mission to revolutionize how we power our vehicles. With a profound legacy linked to Liberty Shoes Ltd. and a partnership with Anjani Enterprises, Aoneng Meglin is not just a company; it’s a catalyst for change in the global automotive landscape.
In a bid to revolutionize India’s electric vehicle (EV) infrastructure, E-Fuel, a pioneering entity in sustainable energy solutions, has inked a Memorandum of Understanding (MOU) with a prominent developer of EV charging controllers. This partnership aims to coalesce expertise to engineer and craft high-capacity chargers, ranging from 360 kW to a staggering 1200 kW, right within the heart of India, in Bhopal.