DAO EvTech, An Electric Mobility Startup To Invest Rs 100 Crore, IIIT-Delhi Installs Electric Vehicle Charging Points On Its Campus, And Much More...

Bajaj Auto Ltd launches the 2023 Chetak Electric Scooter at a cost of Rs 1.52 Lakh (ex-showroom) in India.?Numerous changes have been made to the design and features of the new #ev.?The new electric scooter will also be available for purchase alongside the current version, which will retail at Rs 1.22 lakh (ex-showroom).?The price difference of Rs. 30,000 is justified by changes such as an increased range.?The company is also expanding its supply chain for the EV.The centre trim components, including the blinkers and headlight housing are now available in Charcoal Black.

DAO EVTech , an #electricmobility startup, has plans to invest Rs 100 Crore in the state of Tamil Nadu and hire approximately 2,000 people by 2025. DAO began production at its Chakan, Pune facility. This has allowed #twowheeler?#electricvehicle?manufacturing capabilities, as well as investments from DAO Evtech LLC, a US-based company, and Michael Liu, its promoter. Apart from the Rs 100 crore for Tamil Nadu, DAO EvTech plans to invest USD 100 million in India as well. Recently, the company showcased an electric vehicle line in the city.

Evera has closed its pre-series A funding round. It raised $7 million.?Two tranches were used to secure the funds. IEG Investment Banking Group in Germany led the initial investment, while Direct Capital, a subsidiary of Thailand’s Devonshire Capital, and Singapore’s Westova Global joined the final closing. The funds will be used by the company to expand its?electric vehicle?cab services throughout the capital and to invest further in technological advances.?

Indraprastha Institute of Information Technology, Delhi (IIIT-Delhi) announces the installation of #electricvehicle charging points on its campus. The installation is part of our ongoing efforts to promote sustainable and eco-friendly practices and reduce #carbonemissions. The installation of the #ev #chargingpoints on the campus will allow the Institute community, including students, faculty members, staff, and visitors, to charge their electric vehicles conveniently and efficiently.