The Free Press Journal reports RAS will utilise this fresh infusion of capital to further deepen inroads into the luxury skincare market in India and overseas.
Read More
BW Online Bureau for BW Disrupt report both companies have inked an agreement to jointly finance and lease 250,000 e2Ws over the next three years and collaborate with multiple e-commerce, logistics, and fleet operations companies.
Read More
Amber Banerjee writes: Recently Delhi’s Minister of Transport Kailash Gahlot announced a subsidy of Rs 5,500 each for the first 10,000 buyers of e-cycles in the capital city. An additional subsidy of Rs 2,000 is also being offered to the first 1,000 buyers of such e-cycles.
Read More
Geeta Nair notes: Electric vehicle start-up EMotorad has dared to go where others would fear to tread, i.e. selling made-in-India electric bicycles in the extremely quality-conscious Japanese market.
Read More
The Express web desk reports electric ride-hailing platform BluSmart Mobility on Wednesday launched its first EV intercity rides from Delhi NCR to Chandigarh and Delhi NCR to Jaipur. The company said that it will offer MG ZS EV to its customers for these intercity rides.
Read More
Sumedh Battewar – CBO and Co-Founder, EMotorad writes: Transportation of goods from a distribution hub to the final delivery destination — the door of the customer forms a critical part of any retail supply chain business. In the race to reach consumers, getting the last-mile delivery right is important.
Read More
Sricharan R reports that Battery Smart, a swapping network for electric two and three-wheelers, recently announced that it has completed a milestone of one million paid swaps.
Read More
Lijee Philip for Economic Times reports as part of this arrangement, Quiklyz will provide customized leases for up to 500 EVs which will be deployed on BluSmart’s 100% EV fleet.
Sharmistha Mukherjee reports RevFin is projecting loan disbursals of Rs 450 crore in the next fiscal year starting April 1, compared with Rs 120-200 crore this FY. It expects disbursals of Rs 2,200 crore in FY24, Rs 5,500 crore in FY25, Rs 11,500 crore in FY26 and Rs 20,000 crore in FY27.
Read More
Zee Media Bureau reports the partnership of NoBroker and ElectricPe is working to make charging stations more accessible in the residential neighbourhoods.
Read More
EV financing digital platform Revfin has raised Rs 100 crore in debt, which it plans to use to expand into new geographies for financing three-wheelers and make foray into providing loans for two-wheelers in the e-commerce delivery space, according to a top company official.
Read More
Livemint reports Tata Power Delhi Distribution Ltd announced partnership with Battery Smart to set up swap stations for two-and three-wheelers at locations across North Delhi in 2022.
Read More
Express Mobility Desk reports: After raising USD 3 million, EMotorad, the e-cycle brand plans to expand its venture and now eyes the US market. The company is currently present in India, UAE, Japan, and Nepal.
Read More
Autocar Pro News Desk reports: EMotorad, an e-bike startup has acquired Delhi-based EV charging company Panine for an undisclosed amount. With this acquisition, EMotorad enters the upcoming EV fast-charging network segment.
Read More
Haider Ali Kahn writes: Emotorad, the e-cycles brand, is expanding and expects a 300% growth in the financial year 2022-23.
Read More
Live Mint reports: Emotorad, the e-cycle brand, has expanded its manufacturing capacity to 90,000 e-cycles per year at their manufacturing unit in Jambe, on the outskirts of Pune. With a previous production capacity of 16,000 e-bikes per annum, the premium EV brand is now ready to roll out 90,000 units of e-cycles every year.
Read More
Rajkamal Narayanan for Financial Express, in a conversation with Avinash Sharma, the Co-founder & CEO of ElectricPe, discusses how clean mobility is a click away by using the ElectricPe app.
Read More
Aakash Paul for Financial Express reports Battery Smart aims to provide quick swapping solutions for customers so that they can double their income and have a reduced downtime.
Read More
Panel discussion with Sanjeev Sanyal, Principal Economic Adviser in the Ministry of Finance, Government of India; Rudra Dalmia, General Partner, Green Frontier Capital; Srinivasa Rao, EY Global Vice-Chairman, Global Delivery Services; Sanjeev Gupta, Executive Director, Africa Finance Corporation.
Read More
HT Auto Desk reports: EMotorad has previously introduced its products to Indian and UAE customers. The Indian ecycle maker has launched its flagship electric bikes T-Rex and EMX in Nepal.