ev

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EV Solutions Firm Neuron Energy Raises ₹310 Million in Pre-Series B Funding

Mumbai-based electric vehicle (EV) solutions company Neuron Energy has raised ₹310 million (~$3.47 million) in a pre-series B round to expand its battery manufacturing...

November 28, 2025

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Melvin Mathew

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Energy Efficiency

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Energy Storage
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Daily News Wrap-Up: Q3 Sees Lower System Costs for Large-Scale Solar Projects

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using...

November 28, 2025

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Mercom Staff

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Daily Wrap-up
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EV Charging Platform BatteryPool Raises ₹80 Million in Pre-Series A Round

Pune-based battery-as-a-service company BatteryPool has raised ₹80 million (~$895,957) in a pre-series A round led by Inflection Point Ventures. Indian Angel Network,...

November 27, 2025

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Parth Shukla

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Energy Storage

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Finance and M&A
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EV Charging Firm ACS Energy Secures ₹11 Million Funding in Pre-Seed Round

Electric vehicle (EV) charging platform, ACS Energy, has raised ₹11 million (~$124,149) in a pre-seed round from Inflection Point Ventures. The funding will be utilized...

November 13, 2025

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Melvin Mathew

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Electric Vehicles

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Finance and M&A

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Grid
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Glance Finance to Acquire 62,400 Shares in Kotson’s for ₹3.17 Million

Glance Finance has announced an investment of ₹3.17 million (~$35,770.19) in Rajasthan-based power transformer solutions company, Kotsons (KPL), through the acquisition...

October 9, 2025

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Staff

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Finance and M&A

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Other
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Electric Vehicle Sales Clock 12.5% YoY Growth in Q3 2025

Electric vehicle (EV) sales in India reached 560,637 units in the third quarter (Q3) of 2025, an over 12.5% year-over-year (YoY) increase from 497,974 units. EVs...

October 6, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy

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Other
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Ola Electric Subsidiary to Raise ₹8.77 Billion Via Preferential Shares

The board of directors and the shareholders of Ola Electric Technologies, a wholly owned subsidiary of Ola Electric Mobility, have approved a proposal to raise ₹8.77...

October 1, 2025

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Staff

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Electric Vehicles
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China Targets 3.6 TW Wind and Solar Capacity by 2035

China has announced its new Nationally Determined Contributions (NDC) targets for 2035, aiming to expand the country’s installed wind and solar capacity to 3.6 TW. The...

September 29, 2025

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Melvin Mathew

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Press Releases

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Solar
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Government Modifies PM E-DRIVE Incentives for Electric Three-Wheelers

The Ministry of Heavy Industries (MHI) has modified the incentives for electric three-wheelers (e-3W) under the PM Electric Drive Revolution in Innovative Vehicle...

August 13, 2025

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Staff

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Electric Vehicles

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Market & Policy
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Government Amends PM E-DRIVE Program to Focus on Indigenization

The Ministry of Heavy Industries (MHI) has amended the Phased Manufacturing Programme (PMP) for the electric vehicle (EV) public charging stations component of the PM...

July 22, 2025

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Tina Freese

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Markets & Policy

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Other

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Renewable Energy
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IFC to Invest $20 Million in EV Platform Transvolt Mobility

The International Finance Corporation (IFC) has announced a $20 million equity investment in Mumbai-based electric vehicle (EV) platform Transvolt Mobility (Transvolt),...

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Panasonic Opens EV Battery Manufacturing Plant in Kansas

Panasonic Energy, a Panasonic Group company, has announced the opening of its new cylindrical lithium-ion (Li-ion) battery factory for electric vehicles (EV) in De Soto,...

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Electric Vehicle Sales Clock 34% YoY Growth in Q2 2025

Electric vehicle (EV) sales in India reached 530,386 units in the second quarter (Q2) of 2025, an over 34% year-over-year (YoY) increase from 396,719 units. EVs...

July 1, 2025

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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EV Charging Software Platform Kazam Raises $6.2 Million in Series B Funding

Electric vehicle (EV) charging software platform Kazam has raised $6.2 million in a Series B funding round from the International Finance Corporation (IFC) and existing...

June 23, 2025

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Tina Freese

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Electric Vehicles

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Market & Policy
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Oben Electric Secures ₹500 Million in Extended Series A Funding

Bengaluru-based electric motorcycle manufacturer Oben Electric has raised an additional ₹500 million (~$5.8 million) in May 2025 through an extended Series A funding...

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