10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
EV

Nick Offerman Leads New $43.5 Million Electric Vehicle Campaign

Nick Offerman, the beloved actor best known for playing Ron Swanson on Parks and Recreation, is stepping into a very different role: the face of America’s largest nonprofit-led electric vehicle (EV) education push. This week, Nick Offerman partnered with Veloz, a nonprofit EV advocacy group, to launch a massive $43.5 million campaign titled “Electric for All.”

This fresh initiative comes at a critical moment for the EV industry. With federal tax credits for EVs set to expire this fall under new budget legislation and changes to other Biden-era EV incentives underway, advocates like Nick Offerman are hoping to keep American drivers plugged into the electric revolution.

According to Veloz, “Electric for All” is the first and largest nonprofit-led EV awareness program in the United States. The campaign, funded by Electrify America — a company born out of Volkswagen’s 2017 emissions scandal settlement — aims to expand EV adoption far beyond California, its initial stronghold.

Speaking about the campaign, Veloz Executive Director Josh D. Boone told Axios that while there’s no direct link between the effort and the latest legislation, the timing couldn’t be better. He pointed out that interest in EVs is rising across the country. “More Americans are interested in EVs than ever,” Boone said, adding that the group wants people to act quickly to benefit from federal incentives while they still exist.

Nick Offerman lends not only his recognizable face but also his signature dry humor to the ads. In one spot, the voice of Nick Offerman narrates as a gas-powered engine is dismantled piece by piece. “When you take away the spark plugs, the oil filter, belts, the alternator, and, oh yeah, the gas tank, you tend to take away other stuff, like headaches,” says Offerman in the ad.

The actor’s message is clear: EVs mean fewer parts, fewer repairs, and lower operating costs than traditional gas-powered cars. Nick Offerman also highlights that going electric saves money on fuel and maintenance, a message Veloz hopes will resonate with Americans across all income levels.

The campaign is a full-court press. It will run on TV, radio, podcasts, search ads, and social media — reaching potential car buyers nationwide. It targets people looking to purchase a new vehicle within the next six months to two years. A new multilingual “Electric for All” website will help visitors explore incentives and browse EV models to find the best fit for their lifestyle.

Beyond ads, Nick Offerman and Veloz plan to take the campaign on the road — literally. In-person events will invite people to sit in EVs, test drive them, and experience firsthand what makes them different. Boone says these ride-and-drive moments are key to turning curiosity into actual sales.

Despite recent slowdowns in EV sales growth — with the Alliance for Automotive Innovation reporting a slight dip in Q1 2025 sales — industry experts believe that education and outreach are crucial to keeping the momentum alive. By tapping into the mainstream appeal of Nick Offerman, Veloz hopes to break through skepticism and misinformation, reassuring Americans that going electric is a smart choice that saves money in the long run.

For Nick Offerman, who has long played characters who champion rugged individualism and old-school traditions, his latest role as an EV advocate might surprise some fans. But it’s clear the actor wants to use his influence for a greener future — and a little humor never hurts.

Whether Americans will plug in remains to be seen, but with Nick Offerman leading the charge, the future of EVs might just be a little brighter — and a lot funnier.

EV
by Team SNFYI

Are you considering investing in an electric vehicle? If so, you have made the right decision. Electric cars are gaining popularity due to their numerous benefits. However, before you buy an electric car, you must consider the factors discussed in the following sections. They will help you make an informed decision. 6 Points You Must Consider While Buying Electric Cars  Let’s take a look at the important points you must consider before buying electric cars in India:  Ideally, an electric car has a driving range of over 100 km, which is sufficient for daily driving. However, high-end electric vehicles offer a driving range of over 400 km.   Considering the maximum distance the vehicle can travel on a single charge will help you determine whether the car meets your requirements. To make your purchase stress-free, research the prices of the cars and know your budget. Consider applying for an electric vehicle loan to help you fulfil your dream of owning a car without denting your savings. Use a car loan EMI calculator to calculate your monthly instalment and formulate a financial plan, considering other liabilities.  The formula for calculating electric car loan EMI is as follows: EMI = [P x R x (1+R)^N]/[(1+R)^N-1] Here,  P = Principal sum of the car loan  R = Rate of interest charged by the lender  N = Tenure of the loan in months  As you can see, the calculation procedure is time-consuming and prone to errors. So, you can use an online car loan EMI calculator to get accurate results quickly.  The battery is the most important component of an electric car, and it’s quite expensive. Therefore, it is essential to check the battery life before purchasing an electric vehicle. Find out details about the battery range and other specifications.  Moreover, check how long the battery can last and how much it will take to replace it.  Remember that you won’t find an electric vehicle charging station as easily as you find a fuel station. This is because the electric vehicle charging infrastructure has yet to establish a strong footing in India. Fast chargers are quite expensive to install in the car, and your city might have very few charging stations for them. On the other hand, standard and slow-charging systems are more reasonably priced. So, before buying an electric car, check which charging system suits your vehicle and meets your budget. Electric vehicles are equipped with software, which must be updated regularly. While some manufacturers provide the software for free, others may charge a fee for it. Moreover, remember to ensure that your electric vehicle has the latest software upgrades/updates.  You must maintain your electric vehicle regularly, just as you would a conventional car. Otherwise, its performance will be affected. Electric cars have few moving parts, requiring less maintenance effort. Also, buying spare parts for an electric car will be more expensive than for conventional cars. So, consider the maintenance costs of an electric vehicle before investing in one.  Additional Important Things to Keep …

by Team SNFYI

Bharatsure, one of India’s leading Insurtech companies offering Infrastructure as a Service (IaaS) solutions has raised INR 6 Crores from Inflection Point Ventures (IPV) and other investors including Capital A and Atrium Angels. Bharatsure is pioneering transformation in India’s insurtech landscape, unlocking vast market potential while advancing health security and insurance penetration. As an Infra-as-a-Service (IaaS) Insurtech, Bharatsure empowers ecosystem partners with seamless group and embedded insurance distribution solutions. Bharatsure has doubled its revenues in FY25 breaking even at CM3 and is gradually progressing toward EBITDA profitability by the end of this year. With a clear growth trajectory, Bharatsure has set ambitious revenue milestones, targeting INR 100 Cr by FY28 and INR 1000 Cr by FY34, reflecting its bold vision and long-term scalability in the market. Anuj Parekh and Sanil Basutkar are the co-founders of Bharatsure. Anuj, a CA and IIM-Bangalore alumnus, brings deep expertise in finance and scaling ventures, while Sanil, a CA and an ISB alumnus, employs his fintech background to drive product innovation and distribution. Coinciding with the fundraise, Bharatsure announced a new partnership with Battery Smart, India’s largest battery-swapping network for electric two- and three-wheelers, to launch natural calamity insurance exclusively for its station partners. The initiative offers protection against events such as fires, floods, earthquakes, and storms alongside personal accident coverages to safeguard individual livelihoods.  Mitesh Shah, Co-founder, IPV says, “As India moves towards a greener and sustainable future with the widespread adoption of EVs, and the infrastructure that supports it, it is time that we adapt our insurance frameworks to suit the changing needs. Bharatsure’s futuristic mindset and farsight offers financial protection and peace of mind in the face of unexpected events. In a world that doesn’t always go according to plan, insurance doesn’t just offer protection, it also carries the burden of social responsibility.” Anuj Parekh, Co-Founder & CEO of Bharatsure, added: “These station partners play a frontline role in advancing sustainable mobility, and we’re proud to design coverage that genuinely addresses their needs. The funding allows us to further develop our infrastructure too ”  With over 1,500 stations and 70,000+ drivers across 50+ cities, Battery Smart’s station partners form the backbone of India’s growing EV infrastructure. This insurance plan ensures partners are equipped with financial protection to overcome unforeseen disruptions while continuing to power the country’s EV transition.  “Our station partners are at the heart of our operations,” said Ms. Sumi Jain, AVP – Network Strategy and Operations, Battery Smart. “This insurance partnership is not just about protecting assets, it’s about empowering the individuals who are driving India’s EV revolution. Together with Bharatsure, we are fortifying the backbone of our network.”  As EV adoption picks up pace in India particularly across two- and three-wheelers, battery swapping stations are emerging as a critical part of the ecosystem. To strengthen safety for its partners, this insurance initiative complements Battery Smart’s existing safety framework, which includes a 24×7 support helpline, in-app issue reporting, mandatory onboarding training and ongoing awareness campaigns.   About Battery Smart:  Battery Smart …

EV
by Team SNFYI

Shanghai, June 2025 – In a move set to shake up the electric vehicle (EV) landscape, Tesla has officially introduced a 6-seater version of its popular Model Y SUV for the Chinese market. This marks the first time the automaker has offered this specific seating configuration in China, indicating a strong focus on capturing the growing demand for more family-friendly electric vehicles in the world’s largest EV market. The new Tesla Model Y 6 seater is expected to launch in Q3 2025 and will be manufactured at Tesla’s Gigafactory in Shanghai, which already produces Model 3 and Model Y units for the Asia-Pacific region. Family-Focused Configuration The Tesla Model Y 6 seater introduces a more versatile interior layout, offering two captain’s chairs in the second row instead of the traditional bench seat. This setup not only enhances passenger comfort but also provides easier access to the third row, making it ideal for families with children or those who frequently transport multiple passengers. Tesla’s design update is in line with customer feedback from China, where extended family travel is common, and functionality often outweighs minimalism in vehicle interiors. According to local sources, the 6-seater Model Y will also include upgraded air filtration systems and enhanced rear climate controls, catering to the preferences of premium Chinese buyers. Market Strategy in China China represents Tesla’s second-largest market after the United States, and this launch signals the company’s strategic intent to remain competitive against domestic giants like BYD and Li Auto, both of which offer flexible seating layouts in their best-selling SUVs. The addition of the Tesla Model Y 6 seater is expected to boost the brand’s presence among middle- to upper-income families who previously might have considered more spacious alternatives. Tesla is also planning a strong marketing push around the family-first messaging, emphasizing safety, comfort, and advanced self-driving features. Competitive Pricing and Delivery Timeline While official pricing has not been confirmed, early reports suggest the 6-seater Tesla Model Y will be priced slightly above the Long Range variant but remain competitive in its segment. Industry analysts expect the starting price to be around ¥350,000 (approx. $48,000), positioning it below traditional luxury competitors like Mercedes-Benz EQB or NIO ES6. Pre-orders for the Tesla Model Y 6 seater are expected to begin by late July, with deliveries starting as early as September 2025. What’s Under the Hood? Mechanically, the 6-seater Model Y will remain consistent with current dual-motor AWD versions. It is expected to feature a similar battery configuration with a range of up to 530 km (approx. 330 miles) per charge under CLTC testing standards. Tesla’s infotainment and software upgrades will also be included, featuring the latest Full Self-Driving (FSD) beta, real-time traffic visualization, and a theater mode for rear passengers—a feature well-suited to longer family drives. Final Thoughts With this latest addition, Tesla is not just responding to consumer demand—it’s setting the tone for how EVs can adapt to regional market needs. The Tesla Model Y 6 seater represents a smart blend of …