CHARGE+ZONE, a electric vehicle charging company on Monday announced that it has raised $54 million in equity and debt to to expand the high speed charging network. As part of Series A1, CHARGE+ZONE has raised $54 million in which $8 million is debt investment from an infrastructure strategy managed by Blue Orchard. Additionally, the company […]
Govts must speed up investments in EV charging infra: Volvo Cars – EQ Mag
Some customers will hold back from buying EVs due to lack of such infra The electric vehicle (EV) charging infrastructure in India is incomplete and the government authorities — whether at the Centre or the state level — should speed up their investment in this area, said Nick Connor, Head of Asia Pacific region, Volvo […]
From Godrej & Boyce to HSBC, India Inc plugs into EV-charging infra – EQ Mag
Logistics player FedEx is converting its parcel pickup and delivery fleet into zero-emission vehicles by 2040 India Inc is slowly playing a part in improving electric vehicle (EV) adoption by providing EV-charging infrastructure at work, offering such vehicles as car lease options, or converting their own fleet into EVs. Source: PTI
We are capable of installing passenger EV charging infra in India: Siemens – EQ Mag Pro
As the Indian government pushes for electric vehicle (EV) adoption and installing the public charging infrastructure, German industrial manufacturing major Siemens has stressed that it has proven capabilities to help the government realise its passenger EV mobility dream too. The company is currently working on the commercial EV mobility side in India, working with leading […]
FAME-II Scheme Might Be Re-Drafted To Further Incentivise EV Charging Infra – EQ Mag Pro
We would give subsidy to firms setting up EV charging infrastructure to pay the discoms or utilities setting up upstream infrastructure: Union Power Secretary Currently, it costs power distribution companies around INR 5-6 Lakh to set up upstream infrastructure like transformers to provide electricity supply to EV charging stations Under the current phase-II of the […]
Govt invites proposals for deployment of EV charging infra under FAME-II
New Delhi: The government has invited proposals from entities for the deployment of electric vehicle charging infrastructure in big and smart cities. Proposals are invited from entities that intend to develop EV charging infrastructure in million-plus cities as per the 2011 census; and smart cities as notified by the Ministry of Housing and Urban Affairs, […]
