Electric Mobility News

50 per cent of the buses are already electric, intending to transition to 100 per cent electric buses by March 2024

Just a year ago, CAKE had even showcased few of its products at the Auto Expo 2023, and was showing interest in the Indian market.

Bengaluru-based River has raised a total of $40 million (Rs 333 crore) in its Series B round led by Yamaha and existing investors.

Tesla sold 1.23 million units of the Model Y worldwide, followed by the Toyota RAV4 and Corolla at 1.07 million and 1.01 million respectively.

Snap-E Cabs says the newly raised funds will be allocated towards talent acquisition to support growth. It will also include investing in tech upgrades and introduction of new tech-enabled services and expanding operations into additional geographies.

While EVs tend to stand out in a crowd, BMW has taken a very subtle and subdued approach with its entry-level electric SUV.

Gogoro will bring its Smartscooters and battery-swapping tech to Latin America, which will be targeted at the thriving last-mile delivery industry in the region

This collaboration primarily aims to enhance India's position as a key player in manufacturing commercial EVs.