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This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year - Vimarsana News

This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year

This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year Delhi-based iPower Battery’s energy solutions are popular among EV startups such as Okinawa, Crayon Motors, EbikeGo, Mobycy, Tunwal, Deltic etc as they are swappable, modular, and come with advanced tracking, geo-fencing, remote monitoring, etc. 0 claps When Elon Musk’s Teslaentered India and set up a subsidiary in January 2021, it was like a stamp of approval for the nation’s burgeoning electric vehicle (EV) industry. The US-based electric car giant is setting up its manufacturing unit in Karnataka, said Chief M...

Ola to deploy ABB robotics at its mega-factory for electric scooters - Vimarsana News

Ola to deploy ABB robotics at its mega-factory for electric scooters

Ola Electric today announced that it will deploy ABB robotics as one of its key partners for robotics and automation solutions for its mega-factory in India

[Funding alert] Noida-based EV startup Lohum raises $7M from Baring Private Equity Partners - Vimarsana News

[Funding alert] Noida-based EV startup Lohum raises $7M from Baring Private Equity Partners

[Funding alert] Noida-based EV startup Lohum raises $7M from Baring Private Equity Partners The funds raised by the Noida-based EV company will be utilised in expanding its manufacturing capabilities and overseas operations. 0 claps LohumCleantech Pvt Ltd raised $7 million in a round led by the investment firm, Baring Private Equity Partners India. Other investors who participated in the round include Talbros Automotive Components Ltd and a few others. According to a statement released by the company, the funds will be utilised for accelerating the growth plans of the company to ac...