EMotorad Revolutionizes Electric Cycle Market with 370% Growth in India ; BYD India Receives Homologation Certificate For BYD ATTO 3 and More...
In a remarkable achievement, domestic premium electric cycle brand EMotorad has surged ahead in the market, boasting an impressive growth rate of over 370% in India for the fiscal year 2024. Since its inception in 2020, EMotorad has rapidly expanded its footprint, amassing a global customer base exceeding 100,000.
比亚迪 India, a prominent player in the realm of New Energy Vehicles (NEV), proudly announces a significant achievement in its journey towards sustainable mobility. The company has recently received a homologation certificate from the Automotive Research Association of India (ARAI) for its highly anticipated BYD ATTO 3 electric vehicle.
Accelerated Money for U (AMU) Leasing has experienced a remarkable 3X increase in revenue in the fiscal year 2024 compared to the previous year. With the aim of sustaining this growth momentum and enhancing profitability, the non-banking financial company (NBFC) plans to raise INR 400 crore by fiscal year 2026. This capital infusion will be utilized to finance 100,000 electric vehicles over the next three years and broaden its financing portfolio to encompass other areas within the clean-tech sector.
Rajasthan Electronics & instruments Limited (REIL) releases tender to select a Charge Point Operator (CPO) for tasks including Location Survey & Identification, Planning, Supply, Installation, Commissioning, Operation & Maintenance, and on-site Comprehensive Warranty for a period of 10 years. This is for establishing EV Charging Stations at NDMC sites in New Delhi.
In an ambitious move to bolster the electric vehicle (EV) ecosystem in India, the Ministry Of Heavy Industries (MHI) has unveiled its comprehensive roadmap, which aligns with the nation’s Vision of Viksit Bharat. Announced by Dr. Hanif Qureshi, IPS, Additional Secretary (Automobile Division), the strategy is poised to cement India’s role as a global leader in e-mobility transition.