Uber, Mahindra Partner to Deploy Electric Vehicles in India

Uber, Mahindra Partner to Deploy Electric Vehicles in India

Mahindra & Mahindra (M&M) will team up with Uber to explore deployment of electric vehicles (EVs) on the cab aggregator’s platform in several cities across India, the automaker said Friday.

The company, which has already tied up with Uber’s rival Ola to build an electric mass mobility ecosystem in Nagpur, will deploy “hundreds of electric vehicles in Delhi and Hyderabad” under the new partnership.

Mahindra’s electric vehicles on the Uber platform will include the e2oPlus hatch and the eVerito sedan.

“Our collaboration with Uber is an important next step to help accelerate the large scale adoption of electric vehicles on shared mobility platforms and meet the nation’s vision for EVs,” M&M Managing Director Pawan Goenka told reporters in Mumbai.

As part of this collaboration, both the companies will also explore deployment of Mahindra electric vehicles in other cities.

On the tie-up, Uber Chief Business Officer, India and Emerging Markets, Madhu Kannan said the company aims to build a more sustainable future of mobility, moving more people requiring on-demand services with fewer, fuller, and more efficient vehicle trips.

“We see a key role for high efficiency vehicle technologies and therefore, believe that this collaboration with Mahindra, the pioneers in the electric vehicles space, will be truly beneficial not just for Uber, but for our driver partners, riders and the cities we operate in,” he added.

As part of the arrangement, driver partners on the Uber app can avail of a package that will include Mahindra electric vehicles at competitive prices, attractive financing and insurance premiums as well as comprehensive maintenance packages from M&M and its associates.

Furthermore, to make this model durable, M&M and Uber will work closely with public and private players which are in the process of setting up a common use charging ecosystem across multiple locations in the cities.

M&M will also support driver education and training related to various aspects of electric vehicles.

[“Source-gadgets.ndtv”]

Apple reportedly looks into making electric powered automobile charging stations

Any electric vehicle maker really worth its salt knows that their motors are most effective as precise as the charging stations that preserve them going for walks… and that consists of Apple, seemingly. Reutersresources remember that Apple is asking charging station manufacturers approximately their era for the sake of its oft-rumored electric vehicle mission. it is not sure how deep the talks move or who is worried(the businesses certainly are not speakme). however, NRG strength issued a vague reaction noting thatit’s speaking to “each capacity manufacturer of day after today.” We would not rule it out, then.

there may be extra proof than that. An unnamed international engineering organization has alreadypresented to help Apple construct charging stations, Reuters says. meanwhile, Apple has publicly hired EV charging professionals from BMW, Georgia Tech and Google.

If true, the approach is a logical match for Apple. part of Tesla’s success in EVs comes from its willingness to construct a community of highvelocity charging stations — you’re much more likely to shop for amodel S in case you realize that you can pressure it long distances without spending hours expecting a recharge. Apple might also need that equal form of reassurance. And let‘s no longer neglect that Apple’sapproach revolves around controlling as a whole lot of the enjoy as feasible. It handiest makes sensethat the organization could want optimized charging stations rather than leaving drivers to apply normalstations that may not work as effectively.

An electric bike Maker, Bitcoin buying and selling Platform, and extra

India Funding Roundup: An Electric Motorcycle Maker, Bitcoin Trading Platform, and More

Our present day funding roundup compiles investments in an auto rickshaw aggregator, platforms forlifestyle product discovery, Bitcoin trading, professional recommendation, and a maker of electric bikes.

Jugnoo
Paytm introduced Monday that it led the collection B investment of $10 million in Chandigarh-basedJugnoo. the auto-rickshaw hailing and hyperlocal shipping mobile app obtained $5 million from Paytm and the last from present investor Snow Leopard and a brand new investor named Rocketship.vc. At gift, the automobile-rickshaw aggregator and hyperlocal transport carrier provider operates in 30 cities and 11villages across the us of a, and has a community of around 10,000 automobile-rickshaw drivers.

Smytten
Smytten, a discovery platform for top class way of life products, has acquired an undisclosed sum ofinvestment from Rajan Anandan, MD of Google India and South East Asia. The startup stated it’s going touse this round of investment to improving person experience and product improvement, apart fromincreasing its consumer and logo base, with a focus on AI and personalisation. founded by means of ex-Unilever and Google executives, Siddhartha Nangia and Swagata Sarangi – Smytten provides a curated discovery trial and shopping enjoy for over 80 domestic and international brands on its platform.

Coinsecure
Indian Bitcoin trading platform Coinsecure announced a fund increase of $1.2 million (more or less Rs. 7.nine crores) as a part of its ongoing ‘collection A’ funding round, the company said it expects expectsto close the round soon. based in July 2014 by Mohit Kalra and Benson Samuel, Coinsecure launched its Bitcoin alternate on January 1, 2015. Coinsecure offers an algorithmic trading Bitcoin alternate, a Blockchain explorer, a ridicule trading platform for customers to try trading without actual cash, and a number of integrations with international partners.

Lenskart
Ratan Tata, chairman emeritus of Tata Sons Ltd, has reportedly invested an undisclosed sum in Lenskartsolutions Pvt. Ltd, because the company seems to elevate a further Rs. 400 crores in its modern dayround, so as to installation a manufacturing, processing, and meeting facility that can produce 20,000 pairs of eye glasses day by day.

Tork vehicles
Pune-based electric motorcycle maker Tork bikes has raised an undisclosed sum in angel funding from Ola founders Bhavish Agarwal and Ankit Bhati, other than a set of angels. founded by using Kapil Shelke, the startup said that the T6X motorbike might be the first Indian clever motorcycle, with functions like GPS, cloud connectivity, and phone charging.

Tapchief
Bengaluru-primarily based Tapchief, an internet platform for users in search of expert recommendation,won $a hundred and fifty,000 (roughly Rs. 1 crore) in funding from Paytm CEO Vijay Shekhar Sharma after winning the thoughts Batteries, Chase Your goals – Ideathon’ Contest. based in 2016 via Shashank Murali, the platform helps you to find an expert in a category of your choosing, and get a reaction within72 hours.

down load the gadgets 360 app for Android and iOS to live updated with the modern tech news, productreviews, and distinctive deals on the popular mobiles.

Tags: Apps, Coinsecure, funding, India, internet, investment, Jugnoo, Lenskart, Smytten, Startups, Tapchief, Tork automobiles