Simple Energy Launch Long-Range EV Two-Wheelers
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Simple Energy Raises $10 Million to Expand Retail Network and Launch Long-Range EV Two-Wheelers

Strategic Funding to Accelerate EV GrowthBengaluru-based electric two-wheeler manufacturer Simple Energy has raised $10 million in an all-equity bridge funding round. Led by existing investor Dr. Arokiaswamy Velumani, founder of Thyrocare’s Family Office, the round […]
Exide Industries
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Exide Industries Pumps ₹80 Crore into Lithium-Ion Battery Subsidiary to Boost EV Ambitions

Strategic Investment in Next-Gen Battery TechnologyExide Industries Limited (EIL) has invested an additional ₹80 crore in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL), strengthening its push into lithium-ion battery manufacturing. This brings EIL’s total […]
Ashok Leyland partnership with China’s CALB Group
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Ashok Leyland & CALB Ink ₹5,000 Crore 20-Year Deal to Localize EV Battery Manufacturing in India

Ashok Leyland, India’s second-largest commercial vehicle manufacturer and flagship of the Hinduja Group, has announced a long-term exclusive partnership with China’s CALB Group, the world’s third-largest battery maker. The ₹5,000 crore collaboration is designed to […]