“Omega Seiki has opened its second flagship showroom in New Delhi, expanding its presence in India’s electric vehicle market. The company aims to increase its network to 250 locations by fiscal year-end.”
“Electric vehicle (EV) registrations rose modestly in October 2024, driven by festive demand, as reported by Haitong. Year-to-date EV penetration reached 7.6%, with a 26% year-on-year growth to 1.1 million units. The two-wheeler segment led, and upcoming model launches from key OEMs are expected to accelerate adoption further.”
The Indian government's EV import scheme is hosting a workshop to increase interest and participation by gathering feedback from companies. The aim of this scheme is to invite top global EV manufacturers to India with attractive import conditions.
The meeting, included State and Union Territory (UT) Secretaries, brought together important stakeholders to discuss the implementation of the National Education Policy (NEP) 2020.
Various models of Quantum Energy, such as Plasma, Milan, and Bziness, are available at the Srikakulam showroom in Andhra Pradesh, designed to cater to the diverse needs of Indian customers. Additionally, the company is now operating in 69 locations across the country, expanding the reach and accessibility of its electric scooter range.
Bentley has unveiled the teaser of its first electric vehicle, which is set to launch in 2026. The company has not yet disclosed any technical specifications for this SUV. This luxury EV has been dubbed an Urban SUV.
CESL's 'EV as a Service' Aims for 5,000 EVs in Government Fleets within Two Years. CESL's 'EV as a Service' provides a flexible approach that allows government offices to choose from a selection of EV models that best suit their operating requirements.
The District Collector said that SIDBI would provide financial assistance to all MSMEs under its various schemes, identify better marketing strategies, and enhance their opportunities.
Nashik Municipal Corporation (NMC) has planned to start 29 Electric Vehicle (EV) charging stations in the city from 2025. This initiative is being undertaken to promote the use of electric vehicles in the city.
MSME Minister Kondapalli Srinivas said that the government plans to set up incubation centers and is formulating a virtual workplace policy with incentives for individuals who establish workplaces.
This deal is IFC's first investment in financing energy-efficient (EE) machinery for MSMEs in India. The funds obtained in the form of green bonds will be used to create eco-friendly assets, helping India achieve its sustainable development goals.
MSME Minister T.M. Anbarasan said that buyer-seller meets will be organized every six months in various cities across Tamil Nadu. The purpose of these meets is to help small industries present their products to global companies and gain a good market. This will assist small industries in increasing the sales of their products.
Hero MotoCorp will launch affordable electric two-wheelers in the coming months and expand into European markets such as the UK, France, Spain, and Italy next year. The company will introduce its electric scooter, VIDA Z, and premium internal combustion engine motorcycles in these regions.
The $400 million loan from the International Finance Corporation (IFC) will enable the company to expand financial assistance for customers choosing to buy two-wheeler, three-wheeler, and four-wheeler electric vehicles.
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