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Opportunity India Desk Nov 15 2024 - 1 min readEnergy technology start-up chargeMOD, a leading creator in electric vehicle (EV) charging systems, has formed a strategic alliance with Hindustan Petroleum Corporation Ltd. This agreement will allow EV drivers to easily access all HPCL charging stations in India via chargeMOD's app. The integration of HPCL's network with chargeMOD's platform enables users ...
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Opportunity India Desk Nov 15 2024 - 2 min readThe Indian Institute of Technology Kanpur (IIT Kanpur) has formed a strategic partnership with Zynetic Electric Vehicles Charging Private Limited, a firm that specialises in the creation and maintenance of electric vehicle (EV) charging infrastructure. This Memorandum of Understanding (MoU) seeks to promote innovation in sophisticated AC and DC fast-charging technology, thereby contributing ...
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Opportunity India Desk Nov 14 2024 - 2 min readIn an era when electric vehicles (EVs) are gaining popularity, India's Union Minister for Commerce and Industries, Piyush Goyal, has openly supported hybrid powertrains as feasible and necessary transition vehicles. Goyal reflected on his shifting views, saying, "I was against hybrids, but I changed my mind." He stated that additional research into plug-in ...
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Opportunity India Desk Nov 14 2024 - 2 min readVinFast has achieved a new milestone in the Vietnamese automotive market by delivering over 11,000 electric vehicles (EVs) in October alone, bringing its total 2024 sales to more than 51,000 units. This result cements VinFast's position as the top-selling vehicle brand in Vietnam for the month and year to date, highlighting the company's ...
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Opportunity India Desk Nov 14 2024 - 2 min readVolkswagen AG has expanded its investment in Rivian Automotive Inc. by $800 million, highlighting the company's commitment to the US-based electric vehicle (EV) manufacturer in the face of a softening EV market and potential regulatory shifts from the incoming Trump administration. This increased investment also represents Volkswagen's continuous efforts to exploit Rivian's strong ...
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Opportunity India Desk Nov 14 2024 - 2 min readChubu Electric, a prominent global provider of electrical engineering solutions, has announced an expanded investment in OMC Power, which will advance 100 MW of energy transition projects while also strengthening OMC's market presence in India and South Africa. According to Chubu Electric, this investment would strengthen the company's collaboration with OMC by promoting ...