E-bikes In India: The company is all set to bring its first e-bike on the Indian roads in the first quarter(April-June) of FY25, with the estimated price range of INR 2.5 lakh – INR 3 lakh. Raptee plans to launch its e-bike in the mid-premium segment and has showcased its first e-bike at the Global Investors Meet in Tamil Nadu in January.
Sustainable Logistics: The Indian government s ambitious targets for net-zero emissions by 2070 and reducing logistics costs below 8% of GDP drive the need for a green logistics ecosystem. Manish Gupta, Vice President-Trucks at Porter, emphasizes the role of multimodal integrated transportation and digitization, highlighting a potential 6% cost reduction through Zero Emission Transportation (ZET) vehicles.
Ivoomi: After the discount its models Jeetex is available at INR 89,999 (ex-showroom), S1 at INR 79,999 (ex-showroom) and S1 2.0 at 82,999 (ex-showroom), the company said.
Ev Solution Provider: EV startup Vidyut on Tuesday said it has raised USD 10 million in its Series A fundraise (a mix of equity and debt funding) led by 3one4 Capital, and will deploy new funds to scale its new offerings that include EV insurance, lifecycle management and EV resale.
Wireless EV charging allows plug-in cars to charge without cords. It uses magnetic resonance and a charging pad, similar to wireless phone charging. Challenges include slow charging speeds and lack of infrastructure. However, the future of wireless charging looks promising with ongoing developments and interest from major automakers like Tesla.