BluSmart, an All-electric ride-hailing platform, has announced raising a pre-series A round funding of Rs 51 crore. The company said the funds will be used to expand the number of cars on the platform, set up charging infrastructure, improve technology, and expand geographic reach. A year ago in Sep...
Mumbai: TVS Motor has invested Rs 30 crore in electric car maker Ultraviolette Automotive for an undisclosed stake as part of its latter's series B round of fundraising, the company announced Wednesday.TVS Motor had earlier invested Rs 11 crore in a Bangalore-based company for a 25.76% ownership sta...
Lenas Design, a small engineering firm based in Silverstone, England, has resto-modded the 1961 Rolls-Royce Phantom V, but unlike other such projects, this one has replaced the old petrol powertrain with state-of-the-art electric propulsion.Lunaz has developed a 120 kWh battery pack that is aimed at...
Ather Energy recently launched its Ather 450 electric scooter in India. At the launch event, the Bengaluru-based startup announced the upfront pricing for the e-scooter along with two subscription plans namely Plus and Pro. Ather is working on an exchange offer where you can trade-in your old petrol...
Electric vehicles are the new buzz word when it comes to the world of automotive. With fossil fuel reserves running out and pollution levels increasing to dangerous levels, an alteative to inteal combustion engines is the need of the hour. Electric bikes run clean and produce zero emissions, mak...
Well, this might be the talk of the past when electric cars were either too expensive or were highly incapable of taking on their inteal-combustion engined counterparts. Much recently the Indian Automobile industry has seen some new entries electric vehicles in india segment from major car manufactu...