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The India Japan Fund, via the National Investment and Infrastructure Fund, will invest Rs 200 crore in electric two wheeler maker Ather Energy, part of a Rs 1,200 crore preferential issue approved by the board. Hero MotoCorp, Ather's largest shareholder holding 29.48% as of June 2026, will invest Rs 960 crore, while founders Tarun Mehta and Swapnil Jain will each contribute Rs 20 crore. The fundraising, which includes equity shares at Rs 1,230 each and 79.36 lakh convertible warrants at Rs 1,260, supports Ather's broader plan to raise up to Rs 2,500 crore for expansion, R&D, new products and manufacturing capacity.

Why it matters: The capital injection signals continued institutional and strategic backing for India's electric two wheeler sector, with government linked funds and Hero MotoCorp deepening their stakes in Ather's manufacturing and product pipeline. For charging infrastructure planners, Ather's expansion plans may drive demand for two wheeler optimised charging networks across India.

BlackSoil Capital has deployed ₹75 crore in Euler Motors, leading the Series D1 round following the company's ₹638 crore Series D raise in May 2025. Founded in 2018, Euler Motors manufactures electric three-wheelers and light commercial vehicles for e-commerce, hyperlocal delivery and logistics fleets, and reported revenue of ₹191 crore for FY2024 to 25. The funds will support working capital and infrastructure expansion, with Euler backed by Hero MotoCorp (nearly 36% stake after a ₹275 crore investment in February 2026), GIC and British International Investment.

Why it matters: Euler's infrastructure expansion signals growing demand for commercial EV charging networks tailored to last-mile logistics fleets, creating procurement opportunities for depot and en-route charging solutions. The company's institutional backing and revenue growth underscore the viability of commercial EV operations, which require reliable charging infrastructure to scale.

The Himachal Pradesh government has made EV charging infrastructure compulsory in commercial, public, semi-public and new real estate projects under the Himachal Pradesh Town and Country Planning (17th Amendment) Rules, 2026. Town and Country Planning Minister Rajesh Dharmani said the move aligns with model building bye-laws and supports the state's green energy goals as India's EV market grows rapidly, with electric passenger vehicle sales crossing one lakh units annually. Major automakers including Tata Motors, Mahindra, MG Motor, Hyundai and Maruti Suzuki now operate in the EV segment, alongside two-wheeler brands such as Hero Vida, TVS, Ather Energy and Bajaj Auto.

Why it matters: The mandate creates a guaranteed pipeline of charging infrastructure work across Himachal Pradesh's real estate and commercial property sectors, opening opportunities for CPOs and installers to secure contracts as part of building compliance. It reflects a broader trend of state-level regulation embedding charging requirements into planning law, which can shape long-term procurement strategies and site acquisition for charge point operators.