Lohum has been awarded the DSIR Certification, recognising its advancements in sustainable critical mineral production and battery lifecycle management. The certification enables Lohum to access tax and duty exemptions for its R&D efforts.
Terra Charge, in collaboration with the Airports Authority of India, has inaugurated an EV charging station at Raja Bhoj International Airport in Bhopal. The facility, which includes fast and slow chargers, aims to boost the city's EV infrastructure.
Hyundai Motor Group has partnered with IIT Delhi, IIT Bombay, and IIT Madras to advance research in battery technology and electrification. The initiative will focus on tailored solutions for India’s growing EV market, with a $7 million investment over five years.
The Ministry of MSME has announced enhanced credit schemes, marketing support, and capacity-building programs to empower small businesses. The Union Budget 2024-25 introduces new measures for global competitiveness and sustainable growth of MSMEs.
The Ministry of MSME’s Prime Minister’s Employment Generation Programme (PMEGP) supports microenterprises in non-farm sectors through credit-linked subsidies. Over ₹13,554 crore has been allocated for the scheme between 2021-2026.
Ather Energy has entered Sri Lanka, unveiling its first Experience Centre in Colombo, where customers can explore and purchase the flagship Ather 450X electric scooter.
Hero's EV brand, VIDA, enjoyed an increase in market share thanks to network growth through Hero Premia and Hero 2.0 outlets. International sales increased 36% YoY, indicating strong global demand for Hero's products.
SUN Mobility demonstrated its modular battery-swapping technology for heavy electric vehicles and signed MoUs with Tamil Nadu bus operators to accelerate EV adoption. The innovative method offers reduced costs and more efficiency for commercial fleets.
ARENQ has launched a new range of waterproof portable and wall-mounted EV chargers for robotics, electric vehicles, and industrial machinery. Designed for efficiency and durability, these chargers support personal and industrial applications, promoting sustainable energy and operational efficiency.
Ultraviolette Inaugurates New Experience Centre in Chennai, Expands South Indian Footprint.This marks a significant step in the company's South Indian expansion, bringing its high-performance electric motorcycles closer to enthusiasts in Tamil Nadu.
Expanding its footprint into eastern India, Yulu has partnered with Electrie to roll out its DeX GR electric vehicles in Kolkata’s bustling neighborhoods. The move leverages Yulu’s eco-friendly technology to meet the city's delivery demands while promoting a greener environment.
The Delhi government has revived its EV policy to encourage cleaner transportation, reinstating benefits for buyers and addressing recent market slowdowns. The initiative includes financial relief for employees of state corporations, showcasing a broader focus on welfare.
French multi-brand beauty retail giant Sephora has targeted top 15 cities of India to flex its physical presence. The brand is open to associate with beauty shows and leading trade fairs of the country to underscore its market presence.
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Myntra has decided not to run the Mango stores itself, at least in the initial stages, due to high capital expenditure, operational costs and the need to maintain a separate team for offline stores, the people said.
