HOP Electric Mobility raises USD 2.6 million

HOP Electric Mobility raises USD 2.6 million in a strategic round of the ongoing USD 10 million pre-series fundraising Last financial year, the company reached 105 retail touchpoints with 6200+ on-road scooters, an unprecedented feat, and it is now targeting 10X growth in 2022 Production Linked Incentive (PLI) scheme for Auto under the New Non-Automotive…

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Switch Mobility Ltd. celebrates one-year anniversary

Switch Mobility Ltd. celebrates one-year anniversary and achievement of key strategic milestones Significant progress made in first year with 300 vehicles on the road, an order book for over 650 buses and a further 1200 buses in the pipeline Expanded global presence to nine locations across three countries and two continents, breaking ground on first…

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Toyota Group Signs MoU with Government of Karnataka for Big Investments

Toyota Group of Companies (TKM & TKAP) & its related company TIEI* together invests INR 4,800 crores Toyota’s large-scale investment to make deeper cuts in CO2 emissions Aims to enhance electrification & shift towards greener technologies Promote ‘Atma Nirbhar Bharat’ to manufacture for India and the world Toyota’s additional investment coincides with 25 years of…

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