Solar EV+Storage

Mobility Firm Marelli To Supply Battery Thermal Plate To Carmakers

Marelli has been awarded a contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The solution, a key technology for thermal energy management in electric vehicles, has been developed and will be produced in-house by Marelli. The supply will begin in 2024, reaching approximately 5 […]

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Uno Minda Signs Deal With Chinese Firm For Making EV Parts

Uno Minda, a major supplier of seating, lighting, switching, and acoustics solutions to international automakers, announced that it had signed a deal with Suzhou Innovance Automotive to manufacture and market a limited number of high-voltage category electric vehicle products for Indian passenger cars and commercial vehicles. The next-generation 3-in-1 electric drive systems (e-Axle), EV motors, […]

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Indian Oil, Sun Mobility To Build Battery-Swapping Network

SUN Mobility, an energy infrastructure and services provider for electric vehicles (EVs), announced a collaboration and a joint venture (JV) with Indian Oil, a diversified, integrated energy major to establish and deploy one of the largest battery-swapping infrastructure networks by 2030. The joint venture is expected to scale up to over 10,000 battery-swapping stations across […]

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In A First, Volvo To Bring Vehicles With EV Battery Passport

The Volvo EX90 electric SUV—which has the “world’s first EV battery passport”—will go on sale. Volvo is introducing the EV battery passport to provide important details to prospective purchasers, such as the composition, the source of the battery’s ingredients, and the battery’s carbon footprint. The automaker’s dedication has paid off as new all-electric vehicles are […]

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Li-Ion Batteries To Face Competition From Long-Duration Storage: Report

Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […]

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SOLshare Secures $2.2 million Investment For EV Integration

SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […]

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Courier Company Blue Dart To Expand EV Fleet

Courier and package distribution company Blue Dart has announced it will be expanding its EV fleet in order to cut down emissions. Balfour Manuel, Managing Director, Blue Dart, said, “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to […]

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NSE Ignites EV Investment With Debut Of Electric Vehicle Index

National Stock Exchange of India (NSE’s) index services subsidiary, NSE Indices Limited recently launched a new thematic index – the Nifty electric vehicle (EV) and automotive index. The nifty electric vehicle (EV) automotive index aims to track the performance of companies that form a part of the EV ecosystem. It includes companies that are involved […]

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EV Maker Euler Motors Raises Rs 200 crore

The manufacturer of commercial electric vehicles, Euler Motors, announced that it has closed its Series C round, having raised approximately Rs 200 crore. The business had previously obtained over $60 million in new financing in October 2022 and approximately $14.5 million in November 2023. This round’s investors include Blume Ventures, a domestic venture capital firm, […]

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