electric-vehicles

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EV Platform Milo Drive Raises $2.4 Million in Seed Funding Round

Gurugram-based electric vehicle (EV) mobility platform, Milo Drive, has raised $2.4 million (~₹228.59 million) in a seed funding round led by Caret Capital. Antler,...

July 13, 2026

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Melvin Mathew

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Electric Vehicles

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Finance and M&A
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Zelio E-Mobility Opens EV Manufacturing Facility in Coimbatore

Electric vehicle (EV) manufacturer Zelio E-Mobility has announced the opening of its new manufacturing facility in Coimbatore, Tamil Nadu. The plant has an installed...

July 13, 2026

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Staff

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Electric Vehicles
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SBI Proposes Raising Loan Limits for Renewables Under Priority Sector Lending

The State Bank of India (SBI) has proposed that the limit for lending to renewable energy entities under priority sector lending should be increased from ₹350 million...

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Delhi to Allow Only Electric Two-Wheeler Registrations from April 2028

The Delhi government has notified the Electric Vehicles Policy, 2026, introducing phased purchase incentives, scrapping benefits, exemptions from road tax and...

July 6, 2026

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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JBM ECOLIFE Mobility Secures ₹7.5 Billion Investment for Electric Bus Expansion

JBM ECOLIFE Mobility, a subsidiary of electric bus manufacturer JBM Auto, has secured a ₹7.5 billion (~$79.4 million) investment from Motilal Oswal Alternates, the...

June 18, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy
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India Blocks China’s WTO Move Over Solar Incentives, Import Tariffs

India recently rejected a request from China to set up a dispute panel at the World Trade Organization (WTO) to investigate India’s tariffs on imported high-tech goods...

May 28, 2026

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B.S. Nagaraj

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Markets & Policy

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Solar
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India, EU Invite Proposals for €15.2 Million EV Battery Recycling Initiative

The Government of India and the European Union have launched a joint funding initiative worth €15.2 million (₹1.69 billion) to support research and innovation in...

May 7, 2026

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Meghana Prasad

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Electric Vehicles

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Other Energy
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Month in a Minute: Top Headlines from the Indian Renewable Sector in April 2026

India’s solar sector witnessed a major reshuffle in market leadership in 2025, with 35 new companies entering the top 10 rankings across key segments, reflecting the...

May 6, 2026

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Meghana Prasad

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Markets & Policy

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Renewable Energy
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Daily News Wrap-Up: Maharashtra Banking Curbs Make Storage Key for Solar

Maharashtra’s revised renewable energy and multi-year tariff framework ties solar consumption directly to the time of generation. The order defines solar hours as 09:00...

May 4, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Policy Fragmentation Across Indian States May Delay Transport Electrification

India’s electric vehicle (EV) push is being stymied by a lack of policy coherence, at a time when the need to decarbonize public and individual transport has never been...

April 17, 2026

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B.S. Nagaraj

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Electric Vehicles

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Market & Policy
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Daily News Wrap-Up: Easing Group Captive Power Rules May Boost C&I Participation

The Ministry of Power’s relaxations, allowing group captive projects to meet the 51% consumption requirement collectively rather than based on the individual...

March 18, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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BlackSoil Invests ₹750 Million in Euler Motors to Support EV Growth

Alternative credit platform BlackSoil has invested ₹750 million (~$8.1 million) in electric vehicle manufacturer Euler Motors as part of a funding round following the...

March 17, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Oil Shock from US-Iran War Strengthens Case for Transport Electrification, Renewables

The U.S.-Iran war, now into its second week, has triggered ripple effects on the Indian economy, raising fears of supply chain, shipping, and logistics disruptions...

March 12, 2026

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B.S. Nagaraj

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Electric Vehicles

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Market & Policy
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Pluto Mobility Raises $2 Million in Seed Funding led by Version One

Delhi-based electric mobility startup, Pluto Mobility, has raised $2 million in seed funding to develop its electric vehicle (EV) platform for last-mile delivery. The...

February 20, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A
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Hero MotoCorp Approves Investment of ₹2.75 Billion in Euler Motors

Hero MotoCorp has approved an additional investment of up to ₹2.75 billion (~$30.45 million) in Euler Motors. The investment is to be made in one or more tranches...

February 6, 2026

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Meghana Prasad

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Electric Vehicles

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Finance and M&A

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