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Bengaluru-based bike rental start-up Bounce raises over $100 million in funding

By : Sustainability ..., Jan 24, 2020

Bengaluru-based start-up Bounce, on Thursday, announced that it had raised an additional $105 million (₹746.33 crore) in its Series-D funding round. The funding was co-led by existing investors Eduardo Saverin from B Capital and Accel Partners India, TechCrunch reported. The...

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Hyundai developing mass-market electric vehicles for Indian roads

By : Sustainability ..., Jan 22, 2020

Hyundai Motor India Ltd (HMIL) expects new product launches to help the company sustain sales momentum next fiscal even as it sees short-term challenge to demand after BS-VI norms come into effect from April 1, a top company official said. The company, whose market share has...

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Jaipur-based EV Startup BattRE in talks with 10 venture capitalists to raise funds

By : Sustainability ..., Jan 20, 2020

Jaipur-based electric vehicle (EV) startup BattRE Electric Mobility is currently in talks with 10 venture capitalists to raise Rs 7 crore in a funding round scheduled in March, Chief Executive Officer Nishchal Chaudhary told ETEnergyworld in an exclusive interview. "We have...

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SC seeks Centre’s reply on PIL for converting public transport, govt vehicles into electric ones

By : Sustainability ..., Jan 20, 2020

The Supreme Court on Friday sought response of the Centre on a PIL seeking implementation of its policy on gradually converting all public transport and government vehicles to electric vehicles to curb air pollution and carbon emission. A bench headed by Chief Justice SA...

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TVS Electric Scooter Spotted On Test

By : Sustainability ..., Jan 17, 2020

A highly camouflaged electric scooter prototype has been spotted undergoing test runs near TVS Motor Company's factory in Hosur, Tamil Nadu. According to a report, the prototype scooter spotted and filmed by an enthusiast, has the characteristic whine of an electric motor,...

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Honda to start testing electric two-wheeler in India in 2020

By : Sustainability ..., Jan 16, 2020

Honda, India's second-largest two-wheeler maker, may finally jump onto the electric vehicle bandwagon as it prepares to take consumer feedback on a test vehicle later in the year.

The Japanese giant is the only scooter and motorcycle making company that was yet to firm...

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EV makers target delivery, logistics firms to widen market

By : Sustainability ..., Jan 16, 2020

Electric vehicle makers are seeing traction in selling to ecommerce players, last-mile delivery providers and third-party logistics companies in a step to widen market access for green energy products, before they could make a dent in the passenger segment in the country....

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Mercedes-Benz launches EQ brand in India

By : Sustainability ..., Jan 16, 2020

Mercedes-Benz India on Tuesday announced its entry in the electric space in the domestic market with the launch of its EQ brand. The luxury car maker plans to come out with its first full electric vehicle EQC in April.

The launch of EQ brand underlines Mercedes-Benz...

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Global green tech revolution at risk, India can play role in reforming mining practices: Experts

By : Sustainability ..., Jan 15, 2020

Green technology comes at a price and India can play a pivotal role in breaking the "green curse" by persuading South Asian countries to adopt sustainable practices in mining critical minerals needed for solar power devices and the like, say experts. Researchers, including...

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Ansys collaborates with major Indian OEMs for developing EVs

By : Sustainability ..., Jan 14, 2020

Ansys, the global engineering simulation and 3D designing software company is working with many major OEMs in developing electric vehicles in India. This is the direct outcome of the rising need for simulation in the ideation, designing and final execution of new age vehicles...

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