Napino Group, Enedym partner  for SRM technology

Napino Auto & Electronics Ltd., India’s premier Tier 1 automotive component manufacturing company, has announced a strategic partnership with Enedym Inc., a Canada based company with patented Switched Reluctance Mot...

Ola Electric raises US$100 million debt from Bank of Baroda

Ola Electric and Bank of Baroda have signed the largest long-term debt financing agreement in Indian EV industry. This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of th...

Electric 2 and 3 wheeler makers give thumbs up to FAME II subsidy hike

The electric vehicle industry has welcomed the Indian Government's move to increase subsidy to electric bikes and scooters by 50%, subject to those that meet the Faster Adoption and Manufacturing of Hybrid and Elect...

Ola EV is new, fully electric vehicle only category, available across London

Ola, one of the world’s leading mobility companies, announced that it is launching a new electric vehicle category on its ride hailing platform, which will allow riders to specifically book rides in a fully electric...

OLA to deploy ABB robotics, automation solutions at electric scooter factory

Ola, one of the leading mobility companies in the world, has announced that it has selected ABB as one of its key partners for robotics and automation solutions for its mega-factory in India that will roll out the m...




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