electric

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NextEra’s Clean Energy Business’ Net Income Up 17% YoY in Q4 2022

The U.S.-based energy company NextEra Energy reported a net income of $1.52 billion for the fourth quarter (Q4) of 2022, up by 26.41% year-over-year (YoY), driven...

January 27, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Euler Motors Closes Series A Funding Round with Additional $2.6 Million Raise

New Delhi-based electric vehicle (EV) maker Euler Motors announced that it had raised an additional $2.6 million in Series A funding from ADB Ventures – the...

March 18, 2021

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Nithin Thomas Prasad

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Electric Vehicles

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Grid
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Andhra Pradesh Invites Bids to Procure Electric Two-Wheelers for Government Employees

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has invited expressions of interest for electric two-wheelers for use by state...

March 10, 2021

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Nithin Thomas Prasad

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Electric Vehicles

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Market & Policy
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Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters

The Transport Department of the Government of Meghalaya has issued the ‘Meghalaya Electric vehicle Policy, 2021’, which aims to see electric vehicles (EV)...

March 5, 2021

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Nithin Thomas Prasad

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Electric Vehicles

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Market & Policy
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Karnataka Invites Bids for 50 Electric Buses under FAME II Program

The North Western Karnataka Road Transport Corporation (NWKRTC) has floated a tender for 50 electric buses under the gross cost contract (GCC) model under the Faster...

February 26, 2021

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Nithin Thomas Prasad

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Electric Vehicles

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Tenders & Auctions
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Kerala Budget Proposes ₹2.5 Billion Loan for Rooftop Solar, Cuts Tax on EVs

Kerala’s Finance Minister Thomas Isaac announced a 50% reduction in motor vehicle tax for electric, fuel cell, and full hybrid battery electric vehicles (EV) for five...

January 18, 2021

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Nithin Thomas Prasad

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Grid

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Market & Policy
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Indian Oil Corporation Invites Bids for 15 Fuel Cell Electric Buses in Faridabad

The Indian Oil Corporation (IOC) has floated a tender for 15 hydrogen polymer electrolyte membrane (PEM) fuel cell electric buses to be supplied at its research and...

January 11, 2021

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Nithin Thomas Prasad

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Electric Vehicles

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Grid
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No Registration Fee or Road Tax for First 200,000 Electric Two-Wheelers in Telangana

The Government of Telangana has released its new Electric Vehicle (EV) and Energy Storage Policy for 2020-2030, announcing subsidies, policy measures, and other...

November 3, 2020

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Nithin Thomas Prasad

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Grid

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Market & Policy
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Proposals Invited for Installing EV Charging Infrastructure on Highways & Expressways

The Department of Heavy Industry (DHI) has issued an expression of interest (EoI) inviting proposals for setting up public electric vehicle (EV) charging infrastructure...

October 13, 2020

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Nithin Thomas Prasad

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Electric Vehicles

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Grid
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SECI to Empanel Agencies to Scale Innovative Electric Mobility Technologies

The Solar Energy Corporation of India (SECI) has floated an expression of interest (EoI) to empanel agencies to identify and implement business opportunities in the...

October 8, 2020

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Nithin Thomas Prasad

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Electric Vehicles

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Grid
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EESL to Buy 250 EVs from Tata and Hyundai to Upgrade Government’s Fleet

The Energy Efficiency Services Limited (EESL) announced its plans to acquire 250 electric vehicles (EVs) from Tata Motors and Hyundai Motor India for use by the Indian...

September 11, 2020

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Nithin Thomas Prasad

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Finance and M&A

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Other
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L&T Sells its Electrical and Automation Business to Schneider Electric

Larsen & Turbo (L&T) announced that it divested its electrical and automation (E&A) business to European energy and automation company Schneider Electric....

September 2, 2020

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Nithin Thomas Prasad

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Finance and M&A

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Other
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Assam Releases Tender to Procure 50 Electric Buses

The Assam State Transport Corporation (ASTC) has issued a request for proposal to supply 50 electric buses in the state. Interested bidders are expected to make an...

August 12, 2020

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Nithin Thomas Prasad

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Electric Vehicles

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Grid
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Ola Electric Acquires Amsterdam-Based Electric Two-Wheeler Maker Etergo BV

Ola Electric Mobility Private Limited, a subsidiary of Indian cab aggregator Ola Cabs, announced that it has acquired Etergo BV, an Amsterdam-based electric scooter...

May 28, 2020

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Nithin Thomas Prasad

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Electric Vehicles

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Grid
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Fourth Partner and Lithium Urban Technologies to Set up Solar EV Charging Stations

Fourth Partner Energy, a distributed solar energy management company, announced that it has partnered with Lithium Urban Technologies, a commercial electric vehicle (EV)...

March 30, 2020

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Nithin Thomas Prasad

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Electric Vehicles

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Grid

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