EV+Storage

EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding

EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in its Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with family offices and HNI investors. Neuron Energy says that this funding […]

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SVOLT Expands Global Footprint with Battery Module and Pack Plant in Thailand

SVOLT, the battery cell manufacturer that emerged from the Chinese carmaker Great Wall, has begun setting up a plant in Thailand for the assembly of battery modules and packs for electric and hybrid cars. Completion is scheduled for this year. The firm has begun the construction of a module and pack factory at Sri Racha […]

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LOHUM & Altigreen Sign Strategic Partnership for Low Carbon Recycling of 1 GWh EV Batteries

LOHUM, a producer of sustainable energy transition materials and Altigreen, a manufacturer of commercial cargo electric vehicles, have announced a strategic partnership aimed at addressing the critical challenge of sustainable battery disposal in the electric vehicle (EV) industry. Under the partnership, LOHUM will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM™ technology, recovering […]

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Minda Corporation Bags INR 750 Cr Contract for Battery Chargers for EVs

The flagship firm of Spark Minda, a maker of auto parts, Minda Corporation Ltd, has won a contract worth INR 750 crore from a leading OEM. The contract will require it to produce battery chargers for the electric vehicles for the OEM, the name of which has not been disclosed. The Executive Director of Minda […]

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Mercedes To Integrate With Tesla’s North American Charging Standard System

Mercedes-Benz has revealed its plans to integrate Tesla’s North American Charging Standard (NACS) system into its electric vehicles (EVs) in North America, beginning in 2025. As a first step, the company will introduce an adaptor in 2024, enabling its existing Combined Charging System (CCS) EVs to charge on the NACS network. This integration will grant […]

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Fintech platform Rupyy Partners with OEMs for Foray into EV Financing

Rupyy, a FinTech platform, recently announced its foray into the electric vehicle (EV) financing segment. The firm claims says it is building on its mission to revolutionize the financing experience for all vehicle financing categories, Rupyy has partnered with original equipment manufacturers (OEMs) and multi-brand outlets (MBOs) in the EV industry to offer flexible and […]

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Latest CATL Electrolyte Innovation Improves EV Battery Efficiency in Cold Weather

Chinese battery manufacturer CATL has revealed the development of materials for lithium-ion batteries which would augment the charging efficiency of electric vehicles (EVs), particularly in extremely cold conditions. During a forum in Shanghai, Wu Kai, the chi ef scientist at CATL, revealed that the firm has successfully created new electrolyte materials that can dramatically enhance […]

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Courtyard by Marriott Madurai Installs Fast EV Charging Station

The hotel industry has begun to recognize the significance of going green. In the recent past, several of them have taken measures such as establishing EV charging stations with the goal of enabling electric mobility- Novotel Hyderabad Airport, Le Roi Hotels to name a few. The most recent one to step onto the bandwagon is […]

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POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment

POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […]

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