Hitachi, MUFG Expand EV Financing Model

28 Mar 2026 CW Team

Hitachi and MUFG Bank have expanded their NextGen business co-creation model to accelerate decarbonised mobility by financing electric vehicles and charging infrastructure. The renewed collaboration aims to address key barriers to electrification, including limited access to capital and the need for integrated energy solutions.

Building on earlier partnerships, the expanded model extends beyond battery-focused solutions to include electric mobility assets, charging systems and energy management infrastructure across global markets. The initiative will leverage structured financing through special purpose vehicles, enabling fleet operators to deploy electrification assets without significant upfront capital investment.

The companies will also integrate digital and operational expertise to optimise asset performance and lifecycle management, supported by advanced data-driven platforms. With global investment in electrified transport continuing to grow, the partnership is positioned to scale as a repeatable model for accelerating EV adoption.

Additionally, both organisations have entered into a collaboration with Boreal Norge AS to explore electrification strategies for its transport operations, further strengthening the initiative’s global deployment.

Real Estate

28 Mar 2026

Housing Sales Dip 7 per cent QoQ Across Top Cities

India’s housing market saw a 7 per cent quarter-on-quarter decline in sales across the top seven cities in Q1 2026, with approximately 1,01,675 units sold compared to 1,08,970 units in Q4 2025, according to ANAROCK Group. However, on a yearly basis, sales rose 9 per cent, indicating continued underlying demand.The total sales value stood at around Rs 1.51 trillion, reflecting a 5 per cent quarterly drop but a 6 per cent annual increase. Mumbai Metropolitan Region and Bengaluru together accounted for nearly 48 per cent of total sales, while Chennai recorded the highest quarterly decline at 18..

Real Estate

28 Mar 2026

Birla Estates Enters Mumbai Redevelopment

Birla Estates has announced its entry into Mumbai’s redevelopment segment with a luxury residential project in Khar West, developed in partnership with Parinee Real Estate Builders. The project will redevelop Anmol Co-operative Housing Society and Bhartiya Bhavan Co-operative Housing Society, marking the company’s first redevelopment initiative in the Mumbai Metropolitan Region.Spread across 1.3 acres, the development will offer a saleable area of 2.9 lakh sq ft with an estimated revenue potential of Rs 17 billion. Positioned in one of Mumbai’s prime residential micro-markets, the projec..