Daily Archive: April 28, 2023

Indian Cab Aggregator Secures $75 Million Loan To Acquire 6,000 EVs

Homegrown Blusmart Mobility has secured debt to acquire a massive fleet of electric vehicles. According to media reports, government-owned financial entity Power Finance Corporation (PFC) has sanctioned a loan worth $75 million to Blusmart Mobility. The company competes with Uber and Ola Cabs in cab aggregation services. However, Blusmart operates only electric cars. Funds secured […]

BYD Charges Philippine Market With Its All-EV Lineup

The Philippine distributor of BYD vehicles has switched into high gear now with a complete lineup of electric cars. At the recently held Manila International Auto Show (MIAS), Solar Transport and Automotive Resources Corp., the company reintroduced the Dolphin and Tang, and launched the Han. In April 2022, BYD announced that it had halted producing […]