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Tag Archives: india

Hyundai and Kia invest US$300 million in India’s largest mobility service provider Ola

Ola's Bhavish Aggarwal and  Hyundai's Euisun Chung

Ola will use the investment to transform itself into a smart mobility solutions provider Hyundai Motor Group and Ola – one of the world’s largest ride-hailing platforms – have announced a strategic partnership under which Hyundai Motor Company (Hyundai) and Kia Motors Corporation (Kia) will make their biggest combined investment to …

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EV Motors launches public EV charging outlet PlugNgo

PlugNgo EV charging outlet

A new partnership commits to invest US$200 million and install 6,500 charging outlets in India over five years Electric vehicles start-up EV Motors India has entered into partnership with DLF, Delta Electronics and ABB to launch its first Public EV Charging Outlet PlugNgo. The project is in line with the …

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Greaves Cotton to acquire majority stake in electric vehicle company Ampere

An Ampere V48 scooter

Ampere Vehicles makes EVs for last mile mobility Greaves Cotton, one of India’s leading diversified engineering companies, has entered into definitive agreements to acquire a majority stake in EV company Ampere Vehicles, subject to customary closing conditions. This acquisition will accelerate the development of clean energy technology solutions for mobility …

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Hyundai Indian plant meets safety standards ahead of schedule

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The facility in Sriperumbudur is preparing to produce EVs in India Hyundai Motor India Ltd (HMIL), India’s second largest car manufacturer, has announced that its Sriperumbudur-based manufacturing plant is now ready to meet all safety and emission norms well in advance of their mandatory industry implementation in 2019. In keeping …

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Exide chooses Leclanché to enter Li-ion battery market

Representatives from Exide Industries and Leclanché at the signing ceremony

A new joint venture will build Li-ion batteries and energy storage solutions for India’s EV market India’s battery manufacturer Exide Industries and Switzerland ‘s Leclanché signed the exclusive joint venture (JV) agreement on June 27, 2018. The JV focuses on the country’s transition to green energy and clean transportation. The …

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Daimler establishes Automated Truck R&D facility

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Daimler Trucks is establishing an Automated Truck Research and Development Centre to test automated driving tech Daimler Trucks & Buses is strengthening its market-leading efforts for automated trucks and buses with its new Automated Truck Research & Development Centre in Portland, Oregon, in the US. This innovation facility is already working in …

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