SUBSCRIBE NEWS LETTER

EV ecosystem

Adani Total Gas (AGTL) Enters EV Sector, Launches First EV Charging Station

Adani Total Gas Ltd (AGTL) has launched its first electric vehicles’ charging station in Ahmedabad, Gujarat, and thus forayed into the infrastructure segment of electric vehicles. As per the official statement of AGTL, the EV charging station is located at the CNG station of AGTL at Maninagar in Ahmedabad. The company says that the charging station will […]

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Chariot, Total Eren to Develop 430 MW Wind-Solar Farm for Zambia Mines

Chariot Ltd and Total Eren have signed a deal with Canada-based miner First Quantum Minerals Ltd that will facilitate the construction of a 430 MW renewable power complex to help First Quantums’ mining operations in Zambia. Chariot is an Africa-focused energy firm and Total Eren is a French power producer. The specific details of the […]

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Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round

EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake. Lithium is the largest operator of electric cars in India, providing services to 50+ clients since 2015 with a presence in 15+ cities. Eversource is a […]

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European Commission Announces €300mn Plan for Development of Hydrogen Economy

Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a […]

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Venture capital rolls in for EV battery startups

A key development in the global EV industry’s advancement last year was a striking rise in venture capital for EV battery startups, which indicates an upward graph for the trend in 2022 both within and beyond India. Globally speaking, 2021 saw EV battery startups raising over $3.6 billion through funding rounds led by big names […]

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Automovill to Install EV Charging Stations in Association with Midgard Electric

Bengaluru based auto repair startup Automovill has partnered with EV charging startup Midgard Electric to allow the former to use its existing network of service centres as EV charging stations. This will benefit the rising numbers of electric vehicles owners. Midgard Electric will provide the charging infrastructure in this partnership. This is expected to benefit […]

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Renewable Energy Provider, charging network tie up to push EV’s in Texas

Among the many challenges facing the global electric vehicles (EV) industry today is the need to construct business models that, rather than being limited to value chains or industry competitors, can address the broader value network or ecosystem. This means that because EVs integrate a variety of previously independent actors — for instance, electric utilities […]

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NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future

The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […]

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Magenta expands EVET offering to Mumbai and Chennai

EVET by Magenta, the e-mobility platform, which has been running its EV Fleet for urban logistics movement for about a year now in Bengaluru, now enters Mumbai and Chennai Markets. The company informs that it shall roll out over 500+ EV Fleet in the next 3-4 months in both cities. EVET (Electric Vehicle Enabled Transport) […]

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