EV+Storage

Tata Nexon EV Crosses Milestone of 4000 Units Sales

Launched in January 2020, the Tata Nexon EV has become the highest sold EV in the country with over 4,000 units sold in just 14 months from its launch. Recently, Tata Motors announced its sales in the domestic & international market, for Q4 FY21 (quarter 4 of the financial year 2021), which stood at 191,720 […]

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Electric Vehicles Market Share to Exceed 50% From 2033: Rystad

The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […]

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Magenta Launches EV Charging Solution for Residential Complexes

A business unit of Magenta, which was set up solely to focus on the EV eco-system largely charging solutions Magenta ChargeGrid has come up with what it claims is a solution for large residential complexes under their product range – ‘ChargeGrid Prisma’. ChargeGrid Prisma is developed especially for solving the complex and multiple problems for […]

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ABB and Amazon Web Services Collab to Digitalize EV Fleet Management

The ABB Group and Amazon Web Services (AWS) have announced their partnership to develop a cloud-based digital solution for the real-time fleet management of Electric Vehicles (EVs). The solution will optimize the efficient use of EVs and speed up the electrification of transport fleets, helping operators worldwide maintain 100 percent business continuity as they transition […]

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Xiaomi to Enter EV Industry, to Invest $10 Billion Over 10 Years

Xiaomi Corporation has officially announced its plan to enter into the electric vehicle (EV) industry. The company has announced an investment of USD 10 billion in smart EVs over 10 years, escorting in the new Xiaomi. According to the Founder, Chairman, and CEO of Xiaomi, Lei Jun, the new business will be operated under a […]

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AAP’s ‘Switch Delhi’ Focuses On Sensitizing Youth, Enters Final Week of Campaign

AAP’s ‘Switch Delhi’ – eight weeks electric vehicle (EV) campaign has entered its final week and the Delhi government is endeavouring towards sensitising youth about the perks of EVs and Delhi EV policy in the final week of the campaign. Transport minister Kailash Gahlot termed Delhi’s EV policy as the “most progressive policy around the […]

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Rooftop Solar + Storage From Batteries and EVs in India’s near-future: IEEFA

Policymakers must build the framework required for combining rooftop solar with battery storage and EVs to meet India’s 2030 targets Policymakers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles (EVs) to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new […]

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Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand

The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYD’s net income reached 4.2 billion yuan or USD […]

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Berlin-based Betteries Closes €2.1m Seed Funding Round to Upcycle EV Batteries

Betteries, a startup based in Berlin which upcycles electric vehicle (EV) batteries into affordable power systems, announced that it has successfully closed its Euro 2.1m seed funding round led by impact funds Factor[e] Ventures and Beyond Black. Speaking of this investment achieved, CEO and founder of betteries, Dr. Rainer Hönig stated, “This seed round is […]

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