VerdeMobility Sets Up EV Charging Station in Delhi, Tata Power To Install Public EV Charging Points At Bangalore And Much More...

As an effort towards encouraging #electricvehicle adoption in the country, Tata Motors , India’s leading automotive manufacturer, has announced its partnership with ICICI Bank to offer an EV Dealer Financing solution to its authorized passenger #ev dealers. Under this scheme, ICICI Bank will provide inventory funding to the authorised passenger EV dealers of Tata Motors. This inventory funding is in addition to the Bank’s funding to dealers for diesel and petrol models. Under this facility, EV dealers can avail of flexible repayment tenures.

TATA Power , one of India’s largest and fastest-growing #ev #chargingsolutions providers, has signed an agreement with GAIL Gas Limited , (a wholly owned subsidiary of?GAIL (India) Limited, to install DC #fastcharging points at two of GAIL Gas CNG retail outlets (CNG stations) in Bengaluru.The partnership is in line with Tata Power’s commitment to encourage and promote #electricmobility across the country and GAIL Gas’ commitment to deliver convenience to its customers who wish to switch to #evehicles.

VerdeMobility , a leading sustainable energy solutions provider, announced the successful transformation of a once-dilapidated waste dumping yard into a thriving clean energy public #ev #chargingstation. In partnership with BSES Rajdhani Power Limited & Municipal Corporation of Delhi, this initiative marks a significant step towards faster #ev adoption in Delhi. It is a shining example of how to clean mobility can prevail over traditional energy means.

Servotech Renewable Power System Limited Power Systems Ltd., a leading manufacturer of #solar, #powerbackup, #electricvehicle (EV) chargers, and other smart power solutions, presented its quarterly financial results for the quarter ended December 31, 2022 at its Board of Directors meeting on January 21, 2023.

Log9 Materials , an advanced deep-tech battery start-up has raised a fresh round of capital worth?$40 Mn?as a part of its?Series B Funding. The start-up witnessed a mix of equity and debt raise led by?Amara Raja Batteries Ltd. and?Petronas Ventures?and saw participation from other marquee investors such as?Incred Financial Services Private Ltd., Unity Small Finance Bank, Oxyzo Financial Services Private Ltd., and Western Capital Advisors Private Ltd. Log9 is also backed by?CBC Japan, Grip Invest Advisors Private Ltd., Cornerstone Venture Partners, LO Funds, Oxy Capital and other leading angel investors.