Solar EV+Storage

Aptera raises $40 million for solar electric vehicle production

San Diego-based Solar Electric Vehicle (SEV) start-up – Aptera – has announced that it has got a fresh funding of $40 million which Aptera will look to employ the money as capital for the production of its solar electric vehicle in the later part of 2022. The official statement of Atera held, “During this historic […]

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BILITI Electric Gets Financing Approval from SIDBI for its GMW Taskman Autos

California-based BILITI Electric Inc announced that the Small Industries Development Bank of India (SIDBI) has approved loans to those who are interested in purchasing GMW Taskman Electric 3W Autos, through its ‘Digital Prayaas’ program. ‘Digital Prayaas’ is an App-based end-to-end digital lending platform to facilitate access to low-cost borrowings for micro-entrepreneurs/micro-enterprises. Further, to cater to […]

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Electric Vehicle Registration Rates Double in Singapore

Singapore is striving to end the vehicular emissions in the country and mitigate the climate change challenges. The recent data of electric vehicle registrations of the country reveal that in the first five months of 2022, the country has sold double the number of electric vehicles sold in the entire 2021. Transport Minister of Singapore, […]

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Ather, SBI collaborate to Widen Financing Options for EV customers

Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […]

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Siemens invests in WiTricity to advance wireless EV charging

US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […]

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Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz

Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […]

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Amplus Solar To Include Tata Motors ACE EV In Its Clean Mobility Fleet 

Amplus Solar’s Electric Mobility vertical has entered an MoU with Tata Motors Limited regarding the procurement of the new Ace EV, strengthening its fleet for clean mobility solutions. As part of it’s clean mobility solutions, Amplus Solar provides electric vehicle fleets for cargo delivery to the nation’s top e-commerce, on-demand logistics and other companies on […]

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BYD To Start Supply of Batteries to Tesla Soon

In what could be a key moment in the global electric vehicle industry, BYD will be supplying its batteries to the leading electric vehicle seller in the world – Tesla. The China-based company’s senior executive Lian Yubo said during an interview with the state controlled media house that BYD will sell its batteries ‘very soon’ […]

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Endurance Technologies Enters BMS Segment With Maxwell Energy Acquisition

Indian auto-component maker Endurance Technologies has now entered into the new avenue of the electric vehicle centric product lines. This has come with the key acquisition of Battery Management System (BMS) unit of Mumbai based company Maxwell Energy Systems. The deal between the two companies entails that Endurance Technologies shall buy a 51 per cent […]

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