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Ola Electric Secures Five-Year PLI Window, Unlocks Up to ₹7,240 Crore

Ola Electric has secured a full five-year incentive window under the Government of India’s Advanced Chemistry Cell (ACC) Production Linked Incentive (PLI) scheme, with the revised timeline extending through calendar year 2031. The extension covers Ola Electric’s 20 GWh cell manufacturing allocation and could unlock cumulative PLI incentives of up to ₹7,240 crore. Incentive disbursements…

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Indofast Energy Partners with Zeon Charging to Expand Battery Swapping Network in Southern India

India: Indofast Energy has partnered with Zeon Charging to expand EV battery swapping infrastructure across Southern India by deploying Quick Interchange Stations (QIS) at premium malls, metro parking facilities, and commercial hubs.The rollout will begin in Bengaluru and gradually expand to Hyderabad, Chennai, and other major cities, providing faster and more convenient energy access for…

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ROADGRID India Secures ₹13 Crore TDB Funding to Commercialise Universal EV Charger

New Delhi, India: ROADGRID India has secured ₹13 crore in financial assistance from the Technology Development Board (TDB) under the Department of Science and Technology (DST) to commercialise its patented Universal EV Charger. The funding will support a ₹27.5 crore manufacturing project with an annual production capacity of up to 2,000 chargers, with commercial production…

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