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Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles

LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […]

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Bangalore’s Ola Electric Raises $200 M at $5 B Valuation

Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of  e-scooters […]

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Bengaluru to get 1500 e-buses under Centre’s ‘Grand e-Mobility Challenge’

If all goes to plan, Bengaluru will get 1,500 electric buses under the Centre’s ‘Grand Challenge’ plan. Convergence Energy Services Ltd (CESL), a PSU under the Union ministry of power, recently unveiled a tender worth Rs 5,500 crore to induct 5,580 e-buses (5,450 single-decker and 130 double-decker ones) across the country. Bengaluru is expected to […]

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Director, Power Conversion, Electromobility

As a Director, you will lead the technology area, Power Conversion, responsible for the development of power electronics & electric motor components and systems for the electric vehicle driveline in cooperation with colleagues within the electromobility team in your own department as well as globally with sister-teams in Sweden. As well as with the customers […]

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Hero MotoCorp Invests Rs 420 crore in Ather Energy

Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […]

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Assistant Company Secretary – E-III Grade and Assistant Manager (Legal) – E-III Grade

Bharat Electronics Limited, a Navartna Company and listed  on Bombay and  National Stock Exchanges,  and India’s premier Professional Electronics Company under the Ministry of Defence, is looking for the competent personnel on permanent basis. The details of the vacancies are given below:       Post(s)   No. of vacancies & location Reservation Pay Scale […]

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Inverter Maker Ingeteam Equips Spain’s 1st Solar+Storage System

Spanish inverter manufacturer Ingeteam recently revealed that the company was chosen by electric utility Iberdrola to be its technology partner for the purpose of equipping its solar plant at the Campo Arañuelo photovoltaic complex, Spain, with a battery energy storage system solution. The 40 MW Arañuelo III photovoltaic plant is already in operation, reportedly the first large-scale […]

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Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets

Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […]

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India’s ‘1st Electric Motorcyle’ KRATOS to be Unveiled by Jan End

Electric motorcycle maker Tork Motors is set to launch its much-awaited ‘made-in-India’ e-bike T6X, now renamed as KRATOS, by this month-end, which will be the first vertically integrated electric vehicle (EV) in the country, according to a statement. The company also said it is expected to commence deliveries of the e-bike within a couple of […]

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