Indian Cab Aggregator Secures $75 Million Loan To Acquire 6,000 EVs

Credit to Author: Saurabh| Date: Fri, 28 Apr 2023 13:05:31 +0000

Homegrown Blusmart Mobility has secured debt to acquire a massive fleet of electric vehicles. According to media reports, government-owned financial entity Power Finance Corporation (PFC) has sanctioned a loan worth $75 million to Blusmart Mobility. The company competes with Uber and Ola Cabs in cab aggregation services. However, Blusmart operates only electric cars. Funds secured […]

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In India, BEVs Are Starting To Take Off

Credit to Author: David Waterworth| Date: Sun, 05 Feb 2023 00:42:14 +0000

Tata Nexon EVAlthough most vehicular traffic in India is two- and three-wheeled, it is still exciting to see the numbers of four-wheeled personal vehicles going electric on India’s roads. India is an economic force to be reckoned with, even though the promise of Chindia in the ’90s has not come to pass. Prime Minister Modi is on […]

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India EV Weekly Roundup: Electric Superbike, Incentives For EV Makers, & More

Credit to Author: Saurabh| Date: Fri, 16 Aug 2019 17:03:32 +0000

India’s electric mobility sector is rapidly changing. Here are the top 7 developments from last week

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