electric-vehicle

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Motovolt Acquires Stake in German Electric 2-Wheeler OEM eROCKIT

India-based electric mobility company Motovolt said it has acquired a stake in eROCKIT, a Germany-based electric two-wheeler original equipment manufacturer (OEM)....

March 27, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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EV Financing Firm Turno Raises $13.8 Million in Series A Funding

Turno, a Bengaluru-based commercial electric vehicle (EV) distribution and financing platform, has raised $13.8 million in series A funding which would be used to build...

February 9, 2023

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Finance and M&A
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Renewable Industry Says Budget Proposals Will Expedite India’s Energy Transition

Renewable energy and green mobility sector stakeholders have welcomed the Budget 2023 proposals laid out by Union Finance Minister Nirmala Sitharaman. The allocation for...

February 3, 2023

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Sumit Jha

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Other

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Renewable Energy
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Shell to Acquire US-based EV Charging Firm Volta for $169 Million

Shell USA, a subsidiary of the oil major Shell, has acquired Volta, a U.S.-based Electric Vehicle (EV) Infrastructure company, in an all-cash transaction valued at...

January 19, 2023

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Satish Shetty

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Electric Vehicles

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Grid

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Market & Policy
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Daily News Wrap-Up: Hitachi Energy to Offer Solutions to 1.44 GW Offshore Wind Farms

Here are some noteworthy cleantech developments from around the world: Hitachi Energy bagged two orders from Equinor and Polenergia to provide an AC grid connection and...

January 10, 2023

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Gourav Mishra

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Other

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Renewable Energy
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EV Charging Aggregation Platform ElectricPe Raises $5 Million in Funding

Bengaluru-based electric vehicle (EV) charging aggregation platform ElectricPe closed a pre-series A funding round of $5 million, taking the company’s total capital...

January 5, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A

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Grid
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Neuron Energy to Invest ₹500 Million in Increasing Lithium-Ion Battery Production

Neuron Energy, a Mumbai-based lithium-ion battery manufacturer, will invest ₹500 million ($6.04 million) to increase production capacity. The investment will be split...

December 13, 2022

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Battery Manufacturing Startup Clean Electric Raises $2.2 Million in Seed Fund

Clean Electric raised $2.2 million in a seed round led by a Bengaluru-based early-stage venture capital firm Kalaari Capital, to produce 5,000 electric vehicles (EV)...

November 21, 2022

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Solid Power Posts Loss of $12.4 Million in Q3 As Operating Expenses Soar

Solid Power, Inc., a U.S.-based developer of all-solid-state battery cells for electric vehicles (EVs), reported a net loss of $12.4 million for the third quarter (Q3)...

November 9, 2022

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Satish Shetty

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Other

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Renewable Energy
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Smart Energy Storage Company Stem’s Q3 Revenue Up 150% On Higher Hardware Sales

Smart energy storage company Stem reported revenue of $100 million in Q3 FY 2022, a jump of 150% year-over-year (YoY) primarily due to higher hardware sales from...

November 8, 2022

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Gourav Mishra

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Other

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Renewable Energy
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EV Startup Esmito Raises ₹100 Million to Expand Battery Swapping Solutions

Esmito, an IIT Madras incubated electric vehicle (EV) startup, has raised ₹100 million (~$1.25 million) in a seed round led by Mumbai-based early-stage investor Unicorn...

September 21, 2022

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Grid
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EV Charging Infrastructure Company TeraWatt Raises $1 Billion

California-based electric vehicle charging infrastructure company TeraWatt has secured over $1 billion of institutional capital to support the buildout of its...

September 15, 2022

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Gourav Mishra

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Electric Vehicles

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Finance and M&A

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Grid
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EV Charging Solutions Provider goEgoNetwork Raises ₹600 Million in Series A Funding

Pune-based provider of electric vehicle (EV) charging solutions goEgoNetwork raised approximately ₹600 million (~$7.53 million) in Series A equity funding to develop and...

August 18, 2022

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Gourav Mishra

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Electric Vehicles

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Grid
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Daily News Wrap-Up: SUN Mobility to Deploy 2,000 Battery Swapping Points in Maharashtra

Here are some noteworthy cleantech announcements of the day from around the world: SUN Mobility, an electric vehicle (EV) infrastructure and services company, announced...

June 23, 2022

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Satish Shetty

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Other

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Renewable Energy
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BluSmart Raises $25 Million in Latest Funding to Expand its Electric Vehicles Fleet

BluSmart, an electric ride-hailing platform, announced a Series A1 round closing to raise $25 million. This was a follow-up to the Series A round in September last year,...

May 25, 2022

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Satish Shetty

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Electric Vehicles

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Grid

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