🤔 Is Asia ready for electric vehicles? https://buff.ly/4cI4lRh This map highlights the EV startups accelerating adoption across the region, from electric motorcycles to battery-swapping stations ⚡️
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EV Innovation in Spotlight Among Automotive Start-Ups As the EV market heats up, more startup companies are creating innovations around making the EV industry more efficient. http://spr.ly/6044bKUSn #Automotive #AutomotiveTechnology #IndustryNews
EV Innovation in Spotlight Among Automotive Start-Ups
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Electric dreams: Top 10 funded Indian EV startups charging ahead! ⚡ India's EV revolution is gaining momentum, fueled by innovative startups! Check out these top 10 contenders, who've collectively raised over $600 million: Ather Energy ($400M): Leading the charge with premium scooters & a robust charging network. Euler Motors ($100M): Making waves with sustainable commercial vehicles for last-mile deliveries. Kabira Mobility ($52M): Championing affordability with their accessible electric two-wheelers. Altigreen Propulsion Labs ($40M): Pioneering clean mobility solutions for commercial vehicles. Oben Electric ($10.7M): Electrifying the urban commute with their high-performance e-bikes. Corrit Electric Private Limited Electric ($9M): Transforming last-mile logistics with their intelligent electric cargo vehicles. BGAUSS ($7M): Making EVs accessible with their stylish and affordable scooters. Fyn Mobility ($2.4M): On a mission to make EVs smarter and safer with their connected mobility solutions. Motovolt Mobility ($1.9M): Democratizing EV adoption with their innovative battery swapping technology. Emflux Motors ($648k): Pushing the boundaries with their high-performance electric motorcycles. Which of these startups are you most excited about? This list is just a glimpse into the vibrant Indian EV ecosystem. With continued support and innovation, these startups have the potential to disrupt the auto industry and create a sustainable future for transportation. #EV #Startups #India #ClimateAction #Sustainability #IthacaResearch #Futureofmobility #innovation
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12+ Best Electric Vehicle Startups in India, Paving the Way to a Sustainable Future!!🚗🔥 Welcome to the exciting realm of electric vehicles (EVs) in India, where a dynamic group of startups is turning this dream into reality. #topstartups #growth #dream To read the full article please follow the link👇 https://lnkd.in/gGp8XG5G For more updates follow KaroStartup
12+ Best Electric Vehicle Startups in India, Paving the Way to a Sustainable Future
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5 EV Startups Leading India’s EV and Sustainable Mobility Revolution EV startups witnessing a surge in hybrid and electric vehicle sales in India 2023 underscores a notable shift towards sustainable and green mobility, reflecting evolving consumer preferences. Hybrid car sales reached a record-breaking 82,607 units, surging over four times compared to 2022, while battery-operated electric car sales nearly doubled to 81,710 units. This marked the […] The post 5 EV Startups Leading India’s EV and Sustainable Mobility Revolution appeared first on IndiaTechDesk - India's Leading Tech and Startup Media Publication . https://lnkd.in/gGTZEUzP
5 EV Startups Leading India’s EV and Sustainable Mobility Revolution
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As the world grapples with #ClimateChange, and the need for sustainable transportation, India’s #Startup ecosystem is playing a pivotal role in shaping the future of mobility. India's #ElectricVehicle (#EV) market has hit a turning point, with EVs accounting for approximately 5% of total vehicle sales between October 2022 and September 2023. By 2030, EVs could constitute more than 40% of India’s automotive market, generating over $100 billion in revenue. The surge in adoption is particularly pronounced in the two-wheeler and three-wheeler segments, where EVs have already captured 50+ % of new sales. Additionally, electric four-wheelers (E4Ws) are expected to comprise 30% of all four-wheeler sales by 2030. Writes: Mohanakrishnan P | LinkedIn, and Balram Nair | LinkedIn.
Buckle up! India’s EV journey has just begun
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General Partner at Automotive Ventures | Author of the book "The Future of Automotive Retail" | Author of the weekly "Intel Report": sign-up at automotiveventures.com
Vammo, the São Paolo-based startup that wants to scale electric motorcycle battery swapping in Latin America, has raised a $30 million Series A round to capture the growth in popularity of motorcycles across the region. The startup, formerly Leoparda Electric, offers an e-motorcycle subscription that comes with unlimited access to battery-swapping stations. Vammo says it has already found product market fit and a profitable business model, with customers clocking up 4 million kilometers driven and more than 150,000 battery exchanges in the 10 months since launch. The equity and debt round, led by monashees with participation from climate tech fund 2150 and Maniv Mobility, will help Vammo scale across Brazil in the short term. By 2025, Vammo aims to grow its customer base 50-fold and expand to other Latin American countries, starting with Columbia and Mexico. Vammo’s model is similar to Gogoro’s, the Taiwanese company that has built and scaled a battery swapping network in Taiwan and is growing to a handful of other countries in Asia and the Middle East. https://lnkd.in/g3uv6dDV
Vammo aims to scale e-motorcycle battery swapping across LatAm | TechCrunch
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Secretary at Western India Regional Council (WIRC) of ICAI | CA | Partner at IRA Consulting | Merchant Banker | Founder of Seren Capital | Proud RVGian
Electrifying the Green Revolution: Meet India's Game-Changing EV Startups 💡Many Indian electric vehicle (EV) startups, like Ather Energy, Altigreen, BOLT, and Baaz Bikes, are at the forefront of offering sustainable solutions with a market cap of estimated to reach a whopping $15,397 Bn by 2027. It's clear that sustainable mobility is more than just a trend – it's a necessary shift. 📣Let's highlight a few startups making a significant impact: 1. 3EV Industries (Founded in 2019, $2Mn raised): Offering innovative solutions to support the EV infrastructure. 2️. Altigreen Propulsion Labs (Founded in 2013, $40Mn raised): Designing efficient electric drive systems to reduce vehicular pollution. 3️. Ather Energy (Founded in 2013, $225Mn raised): Pioneering an ecosystem that includes electric scooters, charging infrastructure, and maintenance. 4. Baaz Bikes (Founded in 2019, $2Mn raised): Delivering high-performing, affordable electric scooters. 5. Battery Smart (Founded in 2019, $43Mn raised): Providing lithium-ion batteries for EVs, along with a battery swapping service to extend EV range. These startups aren't just transforming mobility; they're helping to create a cleaner, healthier planet 🌱. 🔎What do you think about the role of startups in mitigating global warming? Let us know in the comments below! #ElectricVehicles #Sustainability #Innovation #GlobalWarming #IndianStartups
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Secretary at Western India Regional Council (WIRC) of ICAI | CA | Partner at IRA Consulting | Merchant Banker | Founder of Seren Capital | Proud RVGian
💡Many Indian electric vehicle (EV) startups, like Ather Energy, Altigreen, BOLT, and Baaz Bikes, are at the forefront of offering sustainable solutions with a market cap of estimated to reach a whopping $15,397 Bn by 2027. It's clear that sustainable mobility is more than just a trend – it's a necessary shift. 📣Let's highlight a few startups making a significant impact: 1. 3EV Industries (Founded in 2019, $2Mn raised): Offering innovative solutions to support the EV infrastructure. 2️. Altigreen Propulsion Labs (Founded in 2013, $40Mn raised): Designing efficient electric drive systems to reduce vehicular pollution. 3️. Ather Energy (Founded in 2013, $225Mn raised): Pioneering an ecosystem that includes electric scooters, charging infrastructure, and maintenance. 4️. Baaz Bikes (Founded in 2019, $2Mn raised): Delivering high-performing, affordable electric scooters. 5️. Battery Smart (Founded in 2019, $43Mn raised): Providing lithium-ion batteries for EVs, along with a battery swapping service to extend EV range. These startups aren't just transforming mobility; they're helping to create a cleaner, healthier planet 🌱. 🔎What do you think about the role of startups in mitigating global warming? Let us know in the comments below! #ElectricVehicles #Sustainability #Innovation #GlobalWarming #IndianStartups
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Electric scooters zooming into India's streets? ⚡️ The wide variety of electric two-wheeler startups in India has skyrocketed from 54 in 2021 to over 150 in 2024! What's driving this surge? Fueled by government incentives for easy automobiles and a desire to reduce oil dependence, India's electric-powered two-wheeler market is witnessing an increase. With over a hundred and fifty startups now inside the race, the competition is fierce, with many that specialize in excessive-velocity fashions. As India targets for 30% electric vehicle penetration with the aid of 2030, will these startups meet the growing demand? What are the capability-demanding situations and possibilities on this evolving panorama? Excited approximately the future of electric mobility in India! #IndiaEV #ElectricScooters #CleanTransportation #StartupRevolution #ElectricVehicles #EVRevolution #SustainableMobility #GreenTech #MakeInIndia #AtmanirbharBharat
India's electric two-wheeler startups surge to over 150 as government revs up EV push | TechCrunch
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🚀 New Investment Alert! 🚀 We're thrilled to announce our latest investment in BaTTeRi, a groundbreaking company addressing a critical challenge in the electric vehicle (EV) market. As the adoption of EVs accelerates, the demand for efficient and accessible charging infrastructure has never been greater. However, high capital expenditure and electricity grid limitations are slowing down progress, especially in large parking lots where hundreds of EVs await charging. Many potential EV users face the issue of lacking home charging stations, making public charging solutions essential. Enter BaTTeRi with a unique solution: Thomas, an innovative charging robot that will revolutionize the EV charging experience. With BaTTeRi ’s solution, whenever an EV enters a parking lot, it is automatically recognized, categorized, and prioritized. Throughout the day, a fleet of BaTTeRi ’s robots ensures all vehicles are charged and ready to go in a sequence determined by a multitude of variables. This seamless and hassle-free process benefits both EV owners and parking lot operators. Despite still being in development, BaTTeRi has already secured multiple paid pilots and pre-commercial engagements, showcasing the significant potential of their technology. BaTTeRi was our winner in this year’s #climate_solution_prize in partnership with Startup Nation Central and has now become ESIL’s 13th portfolio company! Welcome aboard, Tomer Shahaf, Ram Rotbart, and the entire BaTTeRi team! We’re excited to support your journey and see the transformative impact you’ll have on the EV industry. #Investment #EV #ElectricVehicles #Innovation #Technology #Sustainability #ClimateSolutions #Startup Amir Horowitz Reut Barkan Roni Elhalal Givon Eliko Angel Pierre Kohn Pete Hinde Ayalon Alain Vaniche Shira Levy Israel Lichtig Dr. Gili Bittan-Banin שלומי Shlomi בסון Basson Michal Seror Omer Maron Hanan Brand Chai Avital Eliran Elimelech Ilana Sherrington Alon Turkaspa Israel Innovation Authority רשות החדשנות
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