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TI Clean Mobility raises INR 580 cr from GEF for EV ventures, Auto News, ET Auto

TI Clean Mobility: The company said that it has signed definitive documents on May 6, 2024 in the form of Equity and Compulsorily Convertible Preference Shares (CCPS) for which Kotak Investment Banking acted as its exclusive financial advisor. ....

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E2W Market: One out of three 2W users are ready to buy E2Ws, says BCG report, ET Auto

E2W Market: The report delves into the two-wheeler consumers, surveying nearly 2750 respondents to uncover what it will take to further push the E2W revolution in India. As per the study, currently one in three potential 2W buyers are actively considering electric two-wheelers. ....

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Electric Vehicles: Electric two-wheelers lead as India's EV sales cross 1.7 million in FY2024, ET Auto

Electric Vehicles: The report detailed that electric two-wheelers (E2Ws) constituted over 55% of the annual EV sales, totaling 41,35,077 units by the end of FY2024. The passenger electric three-wheeler (E3W P) followed with approximately a 32% market share. ....

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