New Delhi [India], August 17: Cubenz Power, a leading innovator and manufacturer in electric vehicle (EV) charging solutions, proudly announces its recent win of two distinguished awards, the "Best User-Friendly DC Fast Charger Interface" and the "Most Innovative DC Fast Charger Product L
New Delhi [India], August 9: Greendzine Technologies Pvt. Ltd., a leading provider of electric mobility solutions, launched its "Manomation'' campaign at the India Warehousing Show held from 11-13 July 2024 at YashoBhoomi in Delhi. The company showcased its MOPTro products at Pavilion C-32,
The Rs 6,145.56 crore issue received bids for 1,98,14,05,530 shares against the offered 46,51,59,451 equity shares, at a price band of Rs 72-76, according to data available on the stock exchanges.
The much-awaited initial public offering (IPO) of Ola Electric Mobility was subscribed 0.38 times at the end of Day 1. The portion reserved for the retail investors was subscribed 1.7 times, publicly available data showed.
The company has announced a price band for its IPO ranging from Rs 72 to Rs 76 per equity share, each with a face value of Rs 10. The subscription period for the IPO will run until August 06.
The Electric Mobility Promotion Scheme 2024 (EMPS 2024) was launched by the Ministry on March 13, 2024, through a gazette notification. The scheme aims to boost the adoption of electric vehicles (EVs) across the country. It was originally set to run from April 1st to July 31st, 2024, with
India's new EV policy, introduced lately, has provisions for incentives for setting up manufacturing plants in India. Under the government's EV scheme, the government aims to position India as a preferred manufacturing destination for EVs equipped with cutting-edge technology.
The growth in FY25 is expected to be driven by higher Electric Vehicle (EV) sales supported by the Electric Mobility Promotion Scheme 2024, the expectation of interest rate cuts in the second half of FY25, and strong demand for new model launches.
Ola-founder Bhavish Aggarwal said that the company has developed a cutting-edge lithium cell battery named "Bharat cell", which is currently undergoing trials in an advanced stage and can be a gamechanger for the Indian electric mobility ecosystem once it is launched on a full scale.
Mumbai (Maharashtra) [India], June 25: Magenta Mobility, an integrated electric mobility solutions provider, is pleased to announce the appointment of Arnab Saha as its Chief of Staff, to spearhead the company's strategic growth and investments. Arnab joins Magenta with an impressive backgro
Highlighting the enhanced growth prospects of consumer tech, fintech, and SaaS-based companies, the report added that these sectors attracted close to 60 per cent of funding in 2023 and remained dominant sectors. However, compared to 2022, their salience reduced (by about 10 percentage point