EV

Quantum Energy unveils two Showrooms in Samastipur and Madhubani

TFW Bureau Feb 22, 2024 - 2 min read

Quantum Energy, a leading electric vehicle (EV) startup specializing in the design, development, and manufacturing of electric scooters, has announced the inauguration of its 2 new showrooms in Bihar state with presence in Madhubani and Samastipur. These new additions will further expand Quantum Energy’s presence and accessibility to Indian customers. The inauguration of the showrooms ...

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Hubject and Exicom aims to fuel further growth in India’s booming EV market

Beny Sachdeva Jun 21, 2024 - 2 min read

 The overall aim of the partnership is to use Hubject’s innovative interoperability technology to improve the charging experience for EV drivers in India. This includes Hubject’s intercharge platform, which will make it easier for EV drivers to find and charge points and then simply charge when needed.   Specifically, Exicom and Hubject will collaborate on ...

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Wardwizard and Mufin Green Finance Join Forces to Boost EV Ownership in India

Opportunity India Desk Dec 18, 2024 - 3 min read

  Wardwizard Innovations & Mobility Ltd., the electric vehicle manufacturer behind the Joy e-bike and Joy e-rik brands, has formed a strategic relationship with Mufin Green Finance Ltd., a non-banking financial institution (NBFC) that specialises in loans for electric three-wheelers. The agreement seeks to offer tailored financing options for Wardwizard's L3 Passenger and L5 Cargo ...

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Ultraviolette Launches First North India Experience Center in Delhi

Opportunity India Desk Dec 19, 2024 - 1 min read

Ultraviolette, a pioneer in electric mobility, has inaugurated its first Experience Center in North India, located in Naraina, New Delhi. This marks the company’s 12th center launched in 2024, showcasing its commitment to expanding its retail network across India.Named the UV Space Station, the Experience Center offers a one-stop solution for sales, service, and spare ...

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India’s EV Industry Can Grow 10x: Nitin Gadkari

Opportunity India Desk Dec 19, 2024 - 1 min read

Union Minister Nitin Gadkari, speaking at the 8th Catalyst Conference on Sustainability of E-Vehicle Industry (Evexpo 2024), highlighted the immense potential of India's electric vehicle (EV) industry, stating it could grow 10 times its current size. He emphasized the need to capture the global EV market, citing the rising demand for electric vehicles as an ...

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Greaves Electric Joins IPO Bandwagon as EV Sector Booms in India

Opportunity India Desk Dec 24, 2024 - 2 min read

Electric vehicle manufacturer Greaves Electric Mobility has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹1,000 crore through an initial public offering (IPO). The IPO consists of a new share issuance to raise new capital, as well as an offer for sale (OFS) of up ...

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Saraswat Bank Partners with Tata Motors to Boost Affordable Auto Financing

Opportunity India Desk Jan 14, 2025 - 2 min read

  Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), the two subsidiaries of Tata Motors Ltd., have formed a strategic alliance with Saraswat Bank, one of India's largest cooperative banks. A Memorandum of Understanding (MoU) has been signed to offer bespoke auto retail finance options to Tata Motors clients interested in purchasing ...

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