Electric Vehicles

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Ludhiana Municipality Invites Bids for EV Charging Stations, Battery Swap Points

The Municipal Corporation of Ludhiana (MCL) has invited bids from central and state public-sector undertakings to supply, install, operate, and maintain electric-vehicle...

March 2, 2026

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Melvin Mathew

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Electric Vehicles

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Grid

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Tenders & Auctions
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Battery Solutions Provider Coulomb Litech Raises ₹200 Million in Seed Funding

Mumbai-based battery solutions provider Coulomb Litech has raised ₹200 million (~$2.21 million) in its latest seed round, aiming to accelerate the electrification of...

February 24, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Olectra Greentech Bags Two Orders for Electric Buses Worth ₹18 Billion

Olectra Greentech’s subsidiary, EveyTrans, has secured two orders from the Telangana State Road Transport Corporation (TGSRTC) for the supply, operation, and maintenance...

February 23, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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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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Statiq Raises $18 Million to Expand EV Charging Network

Gurugram-based electric vehicle (EV) charging network operator Statiq has raised about ₹18 million through a mix of debt and equity. The funding round was led by...

February 20, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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US Slaps 102.72% Antidumping Duty on Chinese Active Anode Material Imports

The U.S. Department of Commerce has determined antidumping (AD) and countervailing duties (CVD) of up to 102.72% and 66.86%, respectively, on the imports of active anode...

February 13, 2026

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Melvin Mathew

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Electric Vehicles

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Market & Policy
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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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E-Bus Services Provider Drivn Gets $80 Million Boost from Nomura

Gurugram-based commercial electric mobility services provider Drivn has received a commitment of up to $80 million in funding from financial services company Nomura....

February 5, 2026

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Parth Shukla

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Electric Vehicles

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Finance and M&A
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Tesla’s Q4 2025 Revenue Falls 3% While Energy Generation and Storage Revenue Rises 25%

Electric vehicle-maker Tesla reported a revenue of $24.9 billion, down 3% year-over-year (YoY) in the fourth quarter (Q4) of 2025, compared to 25.7 billion. The decline...

February 2, 2026

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Rakesh Ranjan

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Electric Vehicles

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Finance and M&A
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GreenCell Mobility Secures $89 Million Funding Led by BII, IFC, and Tata Capital

Eversource Capital’s green mobility arm, GreenCell Mobility, has raised $89 million in a mezzanine financing round led by British International Investment (BII), IFC,...

January 22, 2026

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Finnfund Announces $27 Million to Boost Electric Mobility in India

Finnish development financier and impact investor Finnfund has announced two investments totaling $27 million in India, aimed at accelerating the deployment of electric...

January 22, 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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Government Notifies Performance Standards for EVs Under PM E-DRIVE Program

The Ministry of Heavy Industries (MHI) has notified amendments to the Production-Linked Incentive (PLI) program for the automobile and auto components industry. The...

January 14, 2026

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Rakesh Ranjan

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Electric Vehicles

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Market & Policy
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EV Charging Firm ROADGRID Raises ₹120 Million in Pre-Series A Round

Indore-based electric vehicle (EV) charging infrastructure company ROADGRID has raised ₹120 million (~$1.44 million) in a Pre-Series A funding round led by Venture...

January 9, 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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Electric Vehicle Sales Clock 16% Yearly Growth in 2025, Reach 2.3 Million Units

Electric vehicle (EV) sales in India reached a record 2.27 million units in 2025, an over 16% year-over-year increase from 1.95 million units sold in 2025. EVs accounted...

January 7, 2026

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Arjun Joshi

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Electric Vehicles

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Grid
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Tamil Nadu Waives Motor Vehicle Tax for Electric Vehicles Until 2027

The Government of Tamil Nadu has extended the 100% exemption from motor vehicle tax for all electric vehicles (EVs) in the state for a further two-year period, from...

January 6, 2026

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Meghana Prasad

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Electric Vehicles

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Market & Policy

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