TI Clean Mobility raises further capital of ₹580 crore from GEF Capital Partners
Murugappa Group’s electric vehicle arm TI Clean Mobility Pvt Ltd (TICMPL) has signed definitive documents with South Asia Growth
Source: wn.com
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Montra Electric and Exponent Energy join to launch 15-minute rapid charging E3Ws, ET EnergyWorld
Montra Electric: This technology was independently validated by TUV India (TUV Nord Group, Germany) which reported only 13% degradation after 3000 cycles of rapid charging, the company said.
Source: indiatimes.com
Anand Group ties up with Korean entity to boost aftermarket business for passenger vehicles
The companies have formed a joint venture (JV) -- HL Anand Automotive Parts Pvt Ltd -- under which two dedicated distribution centres will be set up in the next two years.
Source: moneycontrol.com
Ashok Leyland to fully acquire OHM India, to infuse Rs 300 crore
The board agreed to infuse in one or more tranches for UHM India to meet the business requirements of OHM India, Ashok Leyland said in its exchange filing.
Source: moneycontrol.com
ohm: Ashok Leyland to fully acquire OHM India, to infuse Rs 300 cr
The acquisition is a part of the company's EV strategy to engage in the business of eMaaS (e-Mobility as a Service). This would likely result in enhancing the operational efficiency and synergy, it added. OHM India is envisaged to operate in transportation, logistics operation and management and eMaaS.
Source: indiatimes.com