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Indian market

Matter Energy and Luminous Power In Partnership For Energy Storage Solutions

Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […]

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Motovolt Sets Foot into E-Scooter Segment

Leading e-mobility firm, Motovolt, has revealed that it has set foot into the coveted category of e-scooters. The company is geared up to launch an indigenously designed multi-purpose e-scooter at the Auto Expo 2023. The e-scooter offers modularity to enable customizations for the rider. With this move, Motvolt looks to capitalise on the growing e-scooter […]

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IEX December Power Trading Update

India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […]

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Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules

Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […]

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Log9 Materials & 3eco Forge Partnership for 2,000 InstaCharged EVs

Three Wheeler EV fleet operator 3eco Systems and advanced battery-tech and deep-tech startup Log9 Materials have forged a strategic partnership for the deployment of Shakti 8 Cargo (S8Ci). The partnership will pave the way for the deployment of over 2,000 InstaCharged heavy duty  EVs across India in the span of the the next 18 months. […]

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CESL Discovers Prices for India’s Largest E-bus Tender

Convergence Energy Services Limited (CESL) has shared the prices discovered for the biggest non-subsidized demand for 6465 electric buses. The unified tender makes up demand for electric buses from the six Indian states & UTs of Delhi, Telangana, Haryana, Surat (Gujarat), Kerala and Arunachal Pradesh. CESL is a wholly owned subsidiary of Energy Efficiency Services […]

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With Rising Demand, Tech Advancements, Govt Push in ’22, EV Firms Are Raring to Go in ’23

To circumvent the impact of increasing oil import bills, Indian government’s policy initiatives over the last couple of years has accelerated the adoption of e-mobility. As per the Ministry of Heavy Industries estimates, in 2022, 7.47 lakh EVs were sold under the FAME-II Scheme, as compared to 2.37 Lakh sold in FY2021-22. Faster Adoption and […]

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Gender Gap Narrows Down In EV Sector With Higher Participation From Women

Women-owned business enterprises and their participation are playing a prominent role in society by generating employment opportunities in almost all sectors of the economy. The auto industry isn’t an exception either. This article is not just an appreciation of their contribution but also focuses on their varied experiences in the EV automobile industry. As per […]

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