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BluSmart’s Assure program, which allows partners to lease electric vehicles, surpassed ₹100 crore in book value within a year. With over 25 partners and tenfold monthly financing growth, it is driving India’s EV adoption.

BMRCL and SUN Mobility join forces to enhance last-mile connectivity with battery-swapping stations for EVs. The initiative supports a sustainable urban mobility push with plans for 69 stations citywide.

The collaboration between Wardwizard and Mufin Green Finance is set to drive EV adoption in logistics and passenger transport. By addressing financial and operational challenges, the initiative promotes a greener, more sustainable future.

Zingbus, which has served over two million users across 300 cities, has partnered with Jio-bp pulse to leverage its EV charging network. The investment aligns with the Indian government’s goal of an all-electric bus fleet by 2030.

Magenta Mobility has expanded its electric cargo fleet to over 500 4-wheelers, launching intercity and interstate logistics services to meet growing demand for sustainable transportation.

JBM Group and Singapore-based Keppel Ltd. have announced a strategic alliance to develop solutions in e-mobility, EV charging, and renewable energy. The partnership also explores urban decarbonisation and e-waste management.

Lohum has been awarded the DSIR Certification, recognising its advancements in sustainable critical mineral production and battery lifecycle management. The certification enables Lohum to access tax and duty exemptions for its R&D efforts.

Terra Charge, in collaboration with the Airports Authority of India, has inaugurated an EV charging station at Raja Bhoj International Airport in Bhopal. The facility, which includes fast and slow chargers, aims to boost the city's EV infrastructure.

Hyundai Motor Group has partnered with IIT Delhi, IIT Bombay, and IIT Madras to advance research in battery technology and electrification. The initiative will focus on tailored solutions for India’s growing EV market, with a $7 million investment over five years.

The Ministry of MSME has announced enhanced credit schemes, marketing support, and capacity-building programs to empower small businesses. The Union Budget 2024-25 introduces new measures for global competitiveness and sustainable growth of MSMEs.

The Ministry of MSME’s Prime Minister’s Employment Generation Programme (PMEGP) supports microenterprises in non-farm sectors through credit-linked subsidies. Over ₹13,554 crore has been allocated for the scheme between 2021-2026.

Ather Energy has entered Sri Lanka, unveiling its first Experience Centre in Colombo, where customers can explore and purchase the flagship Ather 450X electric scooter.

Hero's EV brand, VIDA, enjoyed an increase in market share thanks to network growth through Hero Premia and Hero 2.0 outlets. International sales increased 36% YoY, indicating strong global demand for Hero's products.

SUN Mobility demonstrated its modular battery-swapping technology for heavy electric vehicles and signed MoUs with Tamil Nadu bus operators to accelerate EV adoption. The innovative method offers reduced costs and more efficiency for commercial fleets.

ARENQ has launched a new range of waterproof portable and wall-mounted EV chargers for robotics, electric vehicles, and industrial machinery. Designed for efficiency and durability, these chargers support personal and industrial applications, promoting sustainable energy and operational efficiency.