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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...

Tesla marks India entry with new office in Bengaluru, names three directors - Vimarsana News

Tesla marks India entry with new office in Bengaluru, names three directors

US-based electric vehicle maker Tesla has registered with the Registrar of Companies in India as Tesla India Motors and Energy Private Ltd. It incorporated itself in Bengaluru on January 8 with an authorised capital of Rs 15 lakh and a paid-up capital of Rs 1 lakh. “Tesla setting up its office in the state is a welcome step. “We will cooperate with it and give it all the facilities to function smoothly,” said Karnataka Industries Minister Jagadish Shettar. No location has yet been finalised for Tesla to set a manufacturing plant in the state, he added. Gaurav Gupta, princip...

Tesla sets up India subsidiary in Bengaluru, R&D unit, says Karnataka CM - Vimarsana News

Tesla sets up India subsidiary in Bengaluru, R&D unit, says Karnataka CM

Synopsis ET was the first to report on September 21 Tesla’s move to choose Bengaluru after it entered into talks with the Karnataka govt for its R&D unit. Tesla opens unit in Bengaluru, names 3 directors ahead of launch Tesla, the world's most valued carmaker has incorporated a fully owned subsidiary ahead as a first step to set up an R&D unit and a manufacturing plant for its electric vehicles in the country Tesla’s global senior director David Jon Feinstein, chief accounting officer Vaibhav Taneja and Bengaluru-based entrepreneur Venkatrangam Sreeram are on the board of the India unit, ...

Karnataka tries to plug back into its EV mission - Vimarsana News

Karnataka tries to plug back into its EV mission

Karnataka tries to plug back into its EV mission An electric vehicle charging sign at a charging station at the Asda supermarket in Skelton, Redcar and Cleveland, U.K, on Monday, Dec. 14, 2020. U.K. Prime Minister Boris Johnson banned sales of new internal combustion engine automobiles from 2030. Photographer: Ian Forsyth/Bloomberg (Bloomberg) Ola was in talks with Karnataka as well but Tamil Nadu, people aware of the developments said, had offered a 'better deal' The Karnataka government on Monday approved three big-ticket EV projects by relatively unknown firms, totalling ₹22,419 crore ...

Sun Mobility to create 100 EV battery Swap Points in B'lore - Vimarsana News

Sun Mobility to create 100 EV battery Swap Points in B'lore

Sun Mobility, a provider of electric mobility solutions and services, has announced that it plans to create 100 battery swapping stations for electric vehicles, called Swap Points, in Bengaluru by the end of 2021. These Swap Points will support all forms of shared mobility including 2-wheelers, 3-wheelers, and last-mile delivery trucks. The Government of Karnataka has a goal of providing one charging station in a 3 km radius grid in Bengaluru, according to its EV Policy released in 2017. Sun Mobility's 100 Swap Points will help the government to meet this goal. Sun Mobility also announced a p...