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WEEKLY
EV NEWS
28th May to 03rd June 2023

2. Electric Two-Wheeler Manufacturers
Increase Prices Following Government
Subsidy Reduction
TVS Motor Company, Ather Energy, Ola Electric, and other
electric two-wheeler manufacturers have hiked the prices of
their vehicles after the government decreased the subsidy
from June 1.
WEEKLY EV NEWS

3. Credent Launches India's Largest
Electric Vehicle (EV) Healthcare Delivery Fleet
Credent, known as C3 Logistics, is launching a signicant
initiative in the healthcare sector by introducing India's largest
electric vehicle (EV) healthcare delivery eet. Effective
logistics solutions are crucial in the fast-paced healthcare
industry, and C3 Logistics aims to revolutionize the sector with
their innovative approach.
WEEKLY EV NEWS

4. RunR Mobility Partners With
LoanTap To Make Electric Vehicles
More Accessible And Affordable
RunR Mobility, an electric vehicle manufacturer backed by
MECPower Solutions, today announced its partnership with
Pune-based LoanTap Financial Technologies Private Limited.
The Gujarat-based company has signed an initial pact with
the fast-growing FinTech rm to provide nancial support to
its customers for the purchase of affordable 2-wheeler
electric vehicles (EVs) alongside a special bulk deal offer on
the eve of World Environment Day.
WEEKLY EV NEWS

5. WardWizard Innovations & Mobility
Partners with iCreate to Mentor EV Startups
Gujarat-based electric two-wheeler maker WardWizard
Innovations & Mobility on Monday announced stitching a
strategic partnership with start-up incubator iCreate to mentor
and fund promising EV startups in the country. Through this
partnership, EV makers will facilitate active mentorship for
entrepreneurs at iCreate's campus in Ahmedabad to enhance
subject matter expertise and further their technological
innovations for the accelerating EV industry, WardWizard
Innovations & Mobility said in a statement.
WEEKLY EV NEWS

6. Komaki Launches Updated TN 95
Electric Scooter at INR 1.31 Lakh
Electric vehicle manufacturer Komaki has launched the
updated version of its electric scooter TN 95 Sport at a starting
price of INR 1.31 lakh (ex-showroom) for the mileage range of
a claimed maximum 150 kms. The more advanced variant with
180 km of claimed mileage is priced at INR 1.4 lakh (ex-
showroom).
WEEKLY EV NEWS

7. Log9 Materials with Quantum
Energy Launches E2W ‘Bzinesslite’
The city-based deep-tech and battery tech startup, Log9
Materials, has entered into a long-term strategic partnership,
initiated through a Memorandum of Understanding (MOU),
with the Hyderabad-headquartered EV OEM Quantum Energy
Limited.
WEEKLY EV NEWS

8. Fame Electric Two-wheeler Beneciary
Tally Slashed
The city-based deep-tech and battery tech startup, Log9
Materials, has entered into a long-term strategic partnership,
initiated through a Memorandum of Understanding (MOU),
with the Hyderabad-headquartered EV OEM Quantum Energy
Limited.
WEEKLY EV NEWS

9. Zypp Electric to Deploy Two Lakh Vehicles
in Its Fleet, Invest USD 300 mn for Expansion
Startup electric mobility services provider Zypp Electric is
targetting to deploy 2 lakh vehicles in its eet in the next three
years and will need up to USD 300 million to fund its
expansion, according to company CEO and co-founder Akash
Gupta.
WEEKLY EV NEWS

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