In Short : Bacancy has secured ₹400 million in funding to expand its electric vehicle and railway electronics business. The investment will support product development, manufacturing scale-up, and market expansion. The move aims to strengthen capabilities in power electronics, onboard systems, and EV components while capturing growing demand in mobility electrification and railway modernization. In […]
PM E-DRIVE Launched: ₹2,000 Crore Subsidy to Expand EV Charging Network Across India – EQ
In Short : The Indian government has introduced the PM E-DRIVE scheme, a ₹2,000 crore subsidy program to expand EV charging infrastructure nationwide. The initiative supports the establishment of public charging stations, aiming to boost electric vehicle adoption, improve accessibility, and reduce range anxiety. This move reinforces India’s commitment to building a cleaner, sustainable, and […]
Gentari and Shell India Unite to Expand EV Charging Access with 450 New Points – EQ
In Short : Gentari and Shell India have partnered to integrate their EV charging networks, adding over 450 charging points across major Indian cities. Starting July 10, users can access Shell Recharge stations via the Gentari Go app and vice versa. This roaming partnership boosts EV infrastructure, enhancing convenience, interoperability, and accelerating adoption of electric […]
Mufin Green Finance Raises $18 Million to Expand EV Financing – EQ
Mufin Green has raised $18 million in funding from a U.S. based institution. Funds will be used to scale EV mobility financing and leasing solutions for the MSME sector. The 10-year loan includes an initial $10 million disbursement, with the balance of $8 million expected within 12 months. India – Mufin Green Finance Limited, a […]
