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Omega Seiki invests $250 million to manufacture one million electric three-wheelers

Omega Seiki Mobility (OSM) will be setting up the world’s largest electric three-wheeler manufacturing unit in the state of Karnataka with an investment of USD 250 million. The new facility will be built in three phases and will have a production capacity of 1 million electric three-wheelers per annum. The company will be raising funding …

Electric models to account for 13-15% of total two-wheeler volumes by FY25: ICRA

Electric models are expected to account for 13-15% of the total two-wheeler volumes in India by FY25, but the country’s charging infrastructure will need to be bolstered to achieve a healthy electric vehicle (EV) penetration, rating agency Icra said on Wednesday. The share of electric models in total three-wheeler and bus volumes is expected to …

EVRE, MoEVing partner to install over 1,000 EV charging stations across India: All details

The phase-wise implementation will include EVRE setting up 200 charging stations in Bengaluru, 200 in Hyderabad and the rest in cities like Kolkata, Chennai, Delhi-NCR, Chandigarh, Pune, and Mumbai. Representational image EVRE that happens to be one of India’s leading EV Charging Infrastructure player has announced its partnership with MoEVing, which is an electric fleet …

Power Global introduces eZee, the first swappable battery for light vehicles

Power Global introduces eZee, the company’s first swappable battery for light vehicles. The company initially plans to target auto-rickshaws, that can choose to recharge the batteries or swap them at Power Global’s kiosks. Power Global, clean energy and mobility products provider based in Noida has launched its first swappable battery for light vehicles, called eZee. …