In Short : Indofast Energy and EVeez have partnered to deploy 20,000 electric bikes across Tier I and Tier II cities in India over the next two years. This initiative will support last-mile delivery services and enhance electric mobility. Leveraging Indofast’s battery-swapping network, the project aims to reduce operational costs, create job opportunities, and contribute […]
Hero MotoCorp to invest $60 mn in Zero Motorcycles to develop e-bikes – EQ Mag Pro
Hero MotoCorp on Thursday said it will invest $60 million (about Rs 490 crore) in US-based Zero Motorcycles to jointly develop electric motorcycles. The country’s largest two-wheeler maker said it is finalising a collaboration agreement with the California (US)-based manufacturer of premium electric motorcycles and powertrains. The company’s board has approved an equity investment of […]
INDOSPACE INTRODUCES E-BIKES IN CHAKAN I AS PART OF ITS SUSTAINABILITY INITIATIVES ON ZERO EMISSIONS DAY – EQ Mag Pro
Mumbai/Pune : IndoSpace, India’s largest developer and owner of Grade A industrial real estate and logistics parks, recently launched e-Bikes in Chakan I as part of its sustainability initiatives on Zero Emissions Day. IndoSpace’s next sustainability initiative seeks to provide an actionable solution to emissions arising from commutes at our smart parks. IndoSpace has partnered […]
Delhi: More e-bikes sold in first 3 months of 2022 than all of 2021 – EQ Mag Pro
The sale of electric motorcycles and scooters in the city in the first three months of this year has surpassed the total number of such vehicles sold in 2021, shows data released by the Delhi government, pointing to greater adoption of electric vehicles (EV), mostly driven by the two-wheeler segment, in the Capital. Between January […]
Legacy players warm up to e-bikes amid startup rush – EQ Mag Pro
Over a dozen and half models are under works from the likes of Hero, Bajaj, TVS and Honda. Investments of close to a billion dollars have been committed cumulatively by these companies in the coming five years. The electric vehicle revolution is gathering pace in India, the world’s largest two-wheeler market. Even as startups like […]
EV Maker Revolt Resumes Bookings of E-Bikes in 6 Cities
Mumbai : RattanIndia-invested electric vehicle maker Revolt on Wednesday announced the resumption of opening of bookings for its e-bikes in six cities from June 18. The Gurugram-based company in a statement also said it is advancing the delivery dates for the bookings made by customers which were earlier slated to be delivered in the latter […]
Budget 2020: Powering up electric vehicles by extending subsidy benefits of FAME-II to e-Bikes
Union Budget 2020 India: In its annual review, the IMF said that declining consumption and investment accompanied by falling tax revenue have arrested India’s once surging GDP growth. Union Budget 2020 India: The 2019 Union Budget was a landmark one for electric mobility. Not only was GST on electric vehicles (EVs) slashed to 5%, the […]