DFC to invest US $5 million in Revfin Services

Revfin Services Private Limited, a pioneer and leader in the Indian EV Financing space has secured $5 million from the United States International Development...

Simple Energy starts deliveries of its Super EV–Simple ONE

Simple Energy, India's leading electric vehicle and clean energy start-up commenced deliveries of its revolutionary product, the Super EV - Simple ONE. The company...

Renault Nissan India accelerates progress towards 2045 carbon neutrality goal

Ahead of World Environment Day 2023, Renault Nissan Automotive Pvt Ltd (RNAIPL) has announced that it is making strong progress towards its 2045 Carbon...

E-scooter companies gear up for gradual price hikes

Electric two-wheelers may get costlier from June 1, 2023 with manufacturers resorting to price hikes as the FAME II subsidy cuts kick into effect. Most...

Engineers India eyes non-fossil fuel business

Engineers India Ltd (EIL) is eyeing renewable energy projects as well as overseas market as it pivots shift from the construction of fossil-fuel plants...

Govt reduces FAME-II subsidy on electric 2-wheelers from June

The government has reduced the subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered...

PMI Electro Mobility delivers e-buses in Dharamshala

PMI Electro Mobility, a leading electric bus manufacturer and fleet operator, has delivered electric buses to the Himachal Road Transport Corporation for Dharamshala in...

Mahindra offloads entire stake in Mahindra CIE Automotive

Mahindra & Mahindra (M&M) on Wednesday, 24th May, said it has sold its entire stake of 3.19 per cent in Mahindra CIE Automotive for...

Tata Motors on the green path, every 3rd car sold to be either CNG...

Tata Motors, the automobile manufacturer, aims to decrease its dependence on fossil fuel-based technologies by ensuring one in every three passenger vehicles it sells...

Sundram Fasteners plans Rs 1,000-cr capex in 3 years to cater to new energy...

Leading auto parts maker Sundram Fasteners Ltd said it has resumed its capex cycle and has planned a 3-year capex of Rs 1,000 crore...