Olectra Greentech Unveils Hydrogen-Powered Bus, BEST To Open 15 EV Charging Stations In Mumbai, And Much More..

比亚迪 India Private Limited, a subsidiary of the world’s leading #newenergy #vehiclemanufacturer BYD, today, signed an MOU with Axis Bank , India’s third largest private sector bank, to offer a bouquet of financial products and solutions to its dealers and retail customers. Through this partnership, BYD India has reinforced its commitment towards providing an enhanced experience to both its customers as well as dealers.

Uttarakhand’s transport department plans to install #electricvehicle #chargingstations at every 26 km along the Char Dham Yatra routes. This will ensure that there is no emission and protect the environment. According to the state’s transportation department, the government will establish a network with 154 electric vehicle charging stations that will cover approximately 4,500 km of roads in the hill state.It is estimated that the project will cost approximately Rs 40 crore.

By the first week of March, 15 #electricvehicle #chargingstations will be available in Brihanmumbai Electric Supply And Transport Undertaking (Best) Undertaking (BEST).?These EV charging stations are located at the NSCI in Worli, Colaba, Mantralaya, Back Bay, Hiranandani bus stand, Bandra Reclamation, Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, Goregaon (West) bus station, Mahim bus station, Tardeo bus station, Walkeshwar bus station, Bandra (East) bus station, Bandra (west) bus station, and Seven Bungalows bus station.

A wholly owned subsidiary of Tube Investments of India Limited of India (TII), TI Clean Mobility Private has signed definitive documents to raise capital to Rs 1,950 crore through equity and CCPS with TII, State Bank of India, and Multiples Private Equity Fund III. It is also part of the Murugappa Group.According to the company, co-investors will invest a total of Rs 1,200 crore.?TII’s total investment will be Rs 750 Crore. It has already invested Rs 639 Cr in equity and ICD.?TI Clean Mobility also plans to raise Rs 1,050 crore more funding by March 2024. This would bring the total fund raised to Rs 3,000 Crore.

Olectra Greentech Limited , which is a subsidiary of Megha Engineering & Infrastructures, has revealed a hydrogen-powered bus in technical collaboration with Reliance.The #hydrogen bus is an alternative to traditional public transport and is completely carbon-free.?According to the company, the move was made in response to the loss of natural resources as well as the adverse effects of pollution and other emissions on air quality and transportation.