In a significant move within the electric vehicle (EV) sector, Kartik Hajela, the cofounder and Chief Operating Officer (COO) of Log9 Materials, has stepped down from his role at the deeptech startup. He’s now taken on the position of Director at Jupiter Electric Mobility (JEM), where he will oversee the company’s electric light commercial vehicle (e-LCV) segment. This shift comes just a…
Clean Electric, a promising startup in the energy storage sector, has successfully raised ₹48.5 crore (approximately $6 million) in its Series A funding round. This marks the second round of significant investment for the company in less than two years.
Clean Electric’s Series A Investment Details
According to internal documents accessed through the Registrar of Companies (RoC), Clean…
In a major boost for electric two-wheeler buyers, the Indian government has extended the Electric Mobility Promotion Scheme 2024 (EMPS 2024) by two months, now running until September 30, 2024. The scheme’s funding has also been significantly increased from Rs. 500 crore to Rs. 778 crore.
Launched on April 1, 2024, EMPS 2024 is designed to accelerate India’s transition to electric vehicles…
