Zypp Electric’s Revenue Surges Threefold in FY24; AMO Mobility Unveils Jaunty i Pro: A New Era In Electric Two-Wheeler Mobility and More...
In a significant milestone, Zypp Electric Electric, India’s premier tech-enabled EV-as-a-service platform, has revealed a remarkable surge in revenue, tripling its earnings in Fiscal Year 2024 (FY24). This exponential growth underscores Zypp Electric’s steadfast dedication to revolutionizing last-mile deliveries through sustainable mobility solutions. Notably, the company has clinched the top spot among Asia-Pacific’s fastest-growing businesses for 2024, boasting a staggering 396% compound annual growth rate (CAGR) from 2019 to 2022.
Noida-headquartered startup AMO Mobility, specializing in electric two-wheeler production, has introduced Jaunty i Pro, a modern high-speed intelligent scooter priced at INR 1.15 lakh.
Servotech Power Systems Limited a key player in EV charger and solar solutions development, and Electra EV, a leading Electric Vehicle Powertrain solutions company in India, have joined forces to introduce a groundbreaking EV charger technology. The collaboration involves the filing of patents for a jointly owned revolutionary EV charger technology aimed at addressing the charging needs of GB/T Bharat DC 001 vehicles, which operate on sub-200V DC platforms.
A recent survey suggests that only a small fraction, approximately 5%, of potential car buyers in India are considering purchasing an electric vehicle (EV) this year. The survey, which gathered responses from 40,000 individuals across 319 districts, also reveals that over half of current or prospective car owners would be interested in buying an electric car if it falls within the INR 8-10 lakh price range.
Yulu , India’s leading shared electric two-wheeler mobility provider, has officially rolled out its services in Indore, Madhya Pradesh, in collaboration with local firm Yuva Mobility. This eagerly awaited launch in India’s cleanest city marks the commencement of Yulu’s electric vehicle (EV) operations in Indore, with Yuva Mobility, led by entrepreneurs Tarun Sharma and Shivani Sharma, taking the reins under Yulu’s guidance.