Tata Motors, the foremost commercial vehicle producer in India, has entered into a memorandum of understanding (MoU) with the State Bank of India (SBI), the preeminent public sector bank in the country. This agreement establishes a partnership to provide unique financial support for the acquisition of Tata Motors’ ACE EV a commercial vehicle that was […]
Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies announced that their investment of Rs. 10,000 Crore for electric vehicles has been approved under the Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The company, through its subsidiary, will make investments of approx. Rs. 10,000 Crore over a period of 7-8 years […]
There is a lot of buzz around EV vehicles in India, today. From your social media feeds, to news articles to daily conversations amongst friends, electric vehicles have become a hot topic for discussion nowadays. There is a good reason behind this rising popularity and increased traction for Electric Vehicles. Increasing global temperatures, rising fuel […]
Manufacturing of electric vehicles (EVs) in India will increase its dependence on China for raw materials, mineral processing, and battery production, according to a report of by economic think tank GTRI. The Global Trade Research Initiative (GTRI) also said that there is a need for life cycle impact evaluation for the EVs sector. EVs result […]
Olectra Greentech, part of the Megha Engineering & Infrastructures (MEIL) Group, is a pioneer in manufacturing electric buses in India. It is also India’s largest silicone rubber/composite insulators manufacturer for power transmission and distribution networks. EVEY is wholly owned subsidiary of Promoters (MEIL Holdings Limited). Shares of Olectra Greentech continued their upward movement, surging 15 […]
