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Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme

Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […]

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LG Energy, GM’s Sec. Ultium Cells Plant Begin Production In Tennessee

Ultium Cells, a joint venture of South Korean-based LG Energy Solution and General Motors (GM), recently announced more than $2.3 billion in investment. This investment is undertaken to build its second battery cell manufacturing plant in the United States (US) in Spring Hill, Tennessee. Ultium Cells plans to build the new plant on land leased […]

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Nissan Plans To Launch 16 New Electric Model In Next Three Years

Nissan Motor recently launched The Arc, its new business plan to drive value and strengthen competitiveness. The plan focused on a broad-based product, increased electrification, and new approaches to engineering and manufacturing. It focused on new technologies adoption, and the use of strategic partnerships to increase global unit sales and improve profitability. Under the two-part […]

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Greaves Finance, Muthoot Capital Sign Co-Lending Deal To Finance EVs

Greaves Finance Limited an ev-focused lending platform partnered with Muthoot Capital Services Limited (MCSL) a non-banking financial company (NBFCs) to enter a co-lending arrangement. This arrangement has been made to increase the availability of electric two-wheeler financing solutions across India. Greaves Finance Limited is a non-banking financial company (NBFC) and a wholly owned subsidiary of […]

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Jio-bp To Set Up EV Charging Points At House of Hiranandani Infra

Fuel retail joint venture of Reliance Industries and bp, Jio-bp has announced a partnership with House of Hiranandani to set up electric vehicle (EV) charging points across real estate and infra properties of the group in Mumbai, Hyderabad, Chennai, and Bangalore.  With this collaboration, Jio-bp pulse will be expanding its network to the properties of […]

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Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […]

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Ganfeng, Hyundai Enter Long Term Lithium Supply Deal

China’s leading lithium producer, Ganfeng Lithium, has announced that it has entered into a supply agreement with South Korea’s Hyundai Motor. The auto firm claims that the new deal reflects the automotive industry’s strategic move to secure raw material sources amid the electric vehicle (EV) revolution. The long-term deal entails Ganfeng supplying Hyundai with battery-grade […]

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Germany’s EV Adoption Increases By 11% In 2023: FMTA Report

A recent report by the Federal Motor Transport Authority (FMTA), a government agency in Germany released new data on the electric vehicles registered in December 2023. The latest report talks about the increased penetration of electric vehicles in the European country.  The report said, “2,41,883 passenger cars were newly registered in the last month of […]

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Motovolt, German Firm Swobbee In Tie-up For Battery Swapping Stations

Motovolt Mobility Pvt. Ltd, an e-mobility brand, has collaborated with German climate-tech firm Swobbee to establish 200 battery swapping stations across India within the next 24 months. This partnership aims to address the challenges associated with electric vehicles (EVs), with a primary focus on battery charging time, cost, and life to elevate the overall user […]

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