Servotech Power Systems Ltd will execute the solar-powered EV carport project from the design stage to fabrication and implementation.
By bringing together the private sector’s expertise and the public sector’s policy support, public-private partnerships can support the development of new technologies and solutions to improve the performance, efficiency, and affordability of electric vehicles (EVs).
The acquisition will strengthen Siemens’ capability to address the fast-growing demand for electric vehicle (EV) charging infrastructure in India.
Uttar Pradesh led the yearly electric vehicle sales with a 15.15% share of the cumulative 1.2 million units sold in FY 2022-23. It was followed by Maharashtra (12.72%) and Karnataka (9.14%).
BluSmart Mobility secured $37 million in equity and $5 million in venture debt in its latest funding round. It will use the funds to expand its EV fleet capacity to 10,000 over the next one year and penetrate deeper into megacities.
Gentari, a Vehicle-as-a-Service (VaaS) provider, has signed pacts with Tata Motors, MoEVing, and Gati to strengthen its fleet of electric cargo vehicles.
The electric vehicle (EV) charging depot in Bengaluru can charge 70 vehicles at the same time.
The investment will fund Tata Power Renewable’s aggressive growth plans as it targets over 20 GW of renewables assets and a market-leading position in the rooftop and electric vehicle charging space across India over the next five years.
Servotech has signed a pact with Dubai-based Al-Ansari Motors to provide EV charging solutions in the Middle East and Africa. The company aims for $50 million in business from this region in the next one to two years.
The DC fast electric vehicle (EV) chargers will be available at BPCL fuel stations between Delhi and Jalandhar. BPCL plans 200 such fast-charging corridors along national highways by March this year.
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