EVs

Strategy Analytics Says Solid-State Batteries In EV Sector To Experience Delays

A latest report by Strategy Analytics Electric Vehicle Service (EVS) has revealed that there will be delays in deployments in solid-state batteries in electric vehicles. The timeline may be pushed up to 2030. The report called, ‘Can Solid-State Batteries Reach Mass Production?’ has come against the backdrop of the recent announcements from solid-state battery manufacturers […]

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GE Signs Deal With Arafura, Eyes Rare Earths For EV & Wind Turbines

Arafura Resources Limited and GE Renewable Energy have signed an MoU to forget a partnership in the set up of a sustainable supply chain for Neodymium-Praseodymium (NdPr) central to energy transition. The parties are looking at negotiating a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The agreement […]

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Volkswagen And Audi Seal Deal With Redwood On EV Battery Recycling In US

Automobile majors, Volkswagen and Audi have resurrected their plans for old battery packs from their fleet of EVs. The two automobile giants have sealed a deal with Redwood to recover and recycle end-of-life EV battery packs from their networks in the United States. In accordance with this deal, Redwood will bring the packs to its […]

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ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A

A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […]

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Mecwin India Invests Rs 50 Cr to Set Up New Manufacturing Unit

Bangalore-based EV start-up, Mecwin India has announced a new manufacturing unit in Bengaluru, Karnataka for EV motors and controllers. The firm is going to invest Rs 50 Cr in this manufacturing unit, it claims.  According to the company’s statement, Bengaluru’s production plant for domestic EV motors and controllers will be up and running by the […]

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Battery Smart Raises $25 Million Funding Led by Tiger Global

Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global.  Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […]

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Under Pressure Honda Signs JV With Sony To Sell EVs By 2025

Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […]

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Dabur to Induct 100 Electric Vehicles In Distribution Fleet

FMCG stalwart Dabur India Ltd is targeting to accelerate efforts to decarbonize its business processes. Dabur has announced that the company is planning to induct a fleet of 100 electric vehicles in its supply chain. The EVs will be meant for last-mile distribution of products made by Dabur in the coming 12 months. Mohit Malhotra, […]

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MoEVing Plans to Deploy 5,000 More EVs This Year

Gurugram based electric mobility technology platform MoEVing will be expanding its electric vehicle operations to Tier 2 cities now. MoEVing has announced that it will be deploying 5000 electric vehicles this year in Uttar Pradesh, Punjab, Gujarat, Rajasthan and Tamil Nadu. MoEVing said in its official statement that it has already deployed more than 1,000 […]

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