iVOOMi Debuts JeetX ZE E-Scooter With Extended Range;SMBC Provides Green Financing Of INR 300 Crore For GreenCell Mobility and More...
iVOOMi, a prominent player in the electric vehicle sector, has introduced the JeetX ZE e-scooter, starting at a competitive price of INR 79,999.The JeetX ZE is meticulously designed and developed in India, with over 18 months of rigorous research and development and extensive testing covering more than 100,000 kilometers. Representing a significant advancement over its predecessor, the JeetX, which has already traveled over 10 million kilometers since its launch three years ago, the new e-scooter comes in three variants, equipped with 2.1kWh, 2.5kWh, and 3kWh battery packs, offering worry-free long rides of up to 170 kilometers on a single charge.
GreenCell Mobility , a leader in electric mass transportation, has secured over INR 300 crore in Green Financing from Sumitomo Mitsui Banking Corporation (SMBC) of Japan for its electric bus initiative in Uttar Pradesh.
In the dynamic landscape of Indian startups, EMotorad emerges as a beacon of innovation and resilience, backed by cricket legend MS Dhoni as a strategic partner.The company unveils plans to establish the world’s largest e-cycle gigafactory, spanning 2,40,000 sq ft in Pune, India. This facility, built on advanced Gen-2 platforms and adhering to Industry 4.0 standards, aims to manufacture over 500,000 e-cycles annually to meet burgeoning domestic and international demand for electric cycles and EVs.
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In a bid to accelerate the adoption of electric vehicles (EVs) and bolster the EV charging infrastructure along India’s highways, Statiq, the nation’s leading EV charging network, has joined forces with Cube Stop Highway Rest Areas. This collaboration marks a pivotal step towards fostering sustainable mobility solutions across the country.
Tube Investments Of India Limited (Murugappa Group) , announced on Monday that its division TI Clean Mobility has entered into a definitive agreement to secure Rs 580 crore from GEF Capital Partners LLC, a private equity firm. The agreement, signed by TI Clean Mobility Pvt Ltd (TICMPL) on May 6, 2024, with South Asia Growth Invest III LLC and South Asia EBT Trust III (collectively GEF), involves raising the capital through equity and compulsorily convertible preference shares (CCPS), as per a regulatory filing.