Author: Amit Singh

The Telangana State Road Transport Corporation (TGSRTC) has introduced 65 new electric buses into service in Hyderabad, advancing efforts to reduce emissions and modernize public transport in one of South India’s largest metropolitan areas. The buses were manufactured by Olectra Greentech Ltd., a subsidiary of Megha Engineering and Infrastructures Ltd. (MEIL), and formally launched on Wednesday. “Aiming to make public transport in the city cleaner,” the corporation said as it flagged off the new units. EveyTrans Pvt. Ltd., another MEIL subsidiary, procured the vehicles from Olectra and is operating them for TGSRTC under a Gross Cost Contract (GCC) arrangement. The…

Indian electric two-wheeler startup Ultraviolette has raised $45 million in fresh funding as part of its ongoing Series E round, the company said, as it looks to expand its retail presence and accelerate the rollout of new models. The latest investment was led by Zoho Corporation and Lingotto, a wholly owned subsidiary of Exor, providing additional capital to support both domestic and international growth. Ultraviolette co-founder and Chief Executive Officer Narayan Subramaniam said the new investors align with the company’s long-term ambitions. “Lingotto’s legacy of backing iconic performance and mobility brands, combined with Zoho’s long-term commitment to fostering cutting-edge Indian…

Vietnamese electric vehicle maker VinFast has confirmed plans to enter India’s electric scooter and electric bus markets, expanding its local manufacturing footprint as the country becomes a core pillar of its global growth strategy. The company signed a memorandum of understanding with the Government of Tamil Nadu to invest $500 million to expand its manufacturing complex in the southern port city of Thoothukudi. The investment marks the second phase of VinFast’s $2 billion commitment to the state, following an earlier $500 million allocation. See also: VinFast Enters India with Budget EVs, Prices Starting at $18,127 As part of the expansion,…