Alt Mobility News Today

New Delhi  : Indian Institute of Art and Design (IIAD) hosts its fourth edition of the industry conclave an annual event aimed at fostering exchanges and knowledge sharing . More than 50 industries leaders from 40 leading brands gathered in the Concl

Leasing is becoming a key driver in electric vehicle (EV) sales in India, especially as the high upfront cost remains a barrier to adoption. Companies like Quiklyz, Ayvens, and Lithium Urban Technologies are witnessing significant growth in the EV leasing business. Fleet operators and logistics companies find leasing more economical than purchasing due to lower total cost of ownership and the ability to channel capital to other parts of their business. Leasing also offers flexibility and technol...

The president’s announcement, which follows backlash to the ban, gives hope to advocacy groups who hope for a reconsideration of the ban.

Sustainability fund Caret Capital and Ev2 Ventures, an early-stage smart mobility fund, on Thursday announced a $50 million India-focused fund to invest in startups in the mobility, distribution and employment sectors.The 'Caret Capital Fund ...

Alt Mobility, a technology-enabled electric vehicle (EV) leasing and lifecycle management platform, has announced that it has raised $6mn in funding co-led by ...

After an expected spurt during the festive season, ecommerce sales saw a larger-than-usual dip in December. This and more in todays ETtech Morning Dispatch.

Companies, across seed, early and late stages, had raised about $722 million in 30 rounds in the period from January 13 to 19 last year, as per data from Tracxn.

Alt Mobility will use the fresh capital for hiring engineering team to scale its Electric Vehicle (EV) asset management platform FleetOS, it added.

Alt Mobility has raised $6 million in funding; BuyEazzy has closed a $4.25-million round; while Jeh Aerospace has raised $2.75 million in seed funding.

The government could set aside Rs 10,000-12,000 crore for the third installment of the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme.