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GM Begins Hiring for its ‘Ultium Cells’ EV Battery Manufacturing Facility

Ultium Cells LLC, a JV of GM and LG Chem that will mass-produce Ultium battery cells for electric vehicles (EV) is looking to hire 1,100 employees. General Motors (GM) has continued its march towards an all-electric, zero-emissions future with the construction of its nearly 3 million-square-foot Ultium Cells battery cell manufacturing facility in Lordstown, Ohio. […]

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EV Startup Ather Energy Raises $35 Mn in Latest Funding Round

Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […]

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NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports

AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […]

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KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India

The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […]

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Okaya Completes Installation of Over 500 EV Chargers, has Orders for 10,000 More

Okaya Power has completed the installation of over 500 EV chargers and has over 10,000 charger installation orders with it as well. Energy storage solutions provider Okaya Power has announced that it has completed the installation of over 500 EV chargers for electric vehicles across the country. Besides this, the company has revealed that it has over […]

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Government Measures Remain key to Boost EV Sales in India: Ind-Ra

Ind-Ra in its latest market analysis covers the factors influencing electric vehicle (EV) sales in India during the pandemic and beyond. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric vehicles (EVs) in the […]

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Pandemic to Delay EV Penetration in India; 2Ws in the Clear: Ind-Ra

Ind-Ra has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. India Ratings and Research (Ind-Ra) has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. The analysis cites low affordability and the […]

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EESL Invests in SWAG EV to Catalyse Energy Transformation in SE Asia

EESL will invest in SWAG EV, an emerging e-mobility player in an attempt to catalyse an energy transformation in Southeast (SE) Asia. Energy Efficiency Services Limited (EESL), as per its claims the world’s largest energy service company, has announced it will invest in SWAG EV, an emerging e-mobility player to drive the use of electric […]

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