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Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional

Baua Electric

The partial guarantee is provided under the USD 200 million INR equivalent framework guarantee agreement that GuarantCo and Axis Bank signed in May 2022, which allows mobilisation of funds between USD 300 and 400 million in INR equivalent to finance the e-mobility ecosystem in India.

Fleet 40
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Uber plans to launch EVs in a market that Tesla is eyeing for its next factory

Teslarati

Uber announced today that it has plans to launch a fleet of 25,000 electric vehicles in India, a country where Tesla could soon end up as years of speculation of the electric automaker building a new production facility there could culminate in the company’s newest location by the end of the year.

Market 135
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Nikola secures $41.9M award to build six heavy-duty hydrogen stations in CA

Teslarati

” As per company spokesperson Dan Passe, the California funds will cover about 50% of the total cost of constructing the six hydrogen stations, with Nikola and Voltera financing the remaining portion. Nikola has previously announced its goal of establishing 50 HYLA stations with Voltera by 2028.

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How battery leasing enhances adaptability in the EV ecosystem | Autocar Professional

Baua Electric

Through partnerships between battery manufacturers and finance providers, consumers can enjoy the benefits of an asset-light model, where they pay either on a pay-per-use basis or through manageable EMIs over a period, typically two years.

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Zomato, Kotak Mahindra and Gogoro join hands to advance the ownership of EVs

Electric Vehicles India

” He also added, “Gogoro Network battery swapping and vehicles provide a proven track record of safety and security that Non-Banking Financial Companies (NBFCs) like Kotak Prime can embrace and support. ” He added, “Sustainable transportation and easy loan access to the consumers is the key.”

India 88
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Exclusive: Fast-forwarding green trucking | Autocar Professional

Baua Electric

Riding on its current success — the sale of roughly 400 units in FY23 — the company aims to quadruple its sales within a year and is also working on an electric version of its trucks, to position itself as a leader in sustainable transportation solutions. Adoption will speed up if this can be tackled.

Green 52
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Neuron Energy and Urja Mobility join for innovative battery leasing solutions – ET Auto

Baua Electric

This strategic alliance signifies a significant stride towards enhancing sustainable transportation solutions, especially in the last-mile delivery sector.Neuron Energy is renowned for its comprehensive range of electric mobility solutions, encompassing lead-acid, advanced lithium-ion, and cutting-edge sodium-ion technologies.

Auto 52