SUBSCRIBE NEWS LETTER

Lithium batteries

Servotech Introduces Subsidiary Delving in EV CPO Business

Servotech Power Systems Ltd, India’s premier EV charger manufacturer, has declared the creation of its wholly owned subsidiary, Servotech EV Infra Pvt. Ltd. to foray into the EV Charge Point Operator business. The subsidiary will act as a CPO and install EV charging stations across India. Servotech EV Infra Pvt. Ltd. aims to establish 5000 […]

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Battery Materials Firm lands $100 m Grant From US DoE

Battery materials company Novonix has secured a $US100 million grant from the US Department of Energy which will support expanded production of synthetic graphite anode materials at its production facility in Tennessee. The company manufactures industry-leading battery cell testing equipment, is growing its high-performance synthetic graphite anode material manufacturing operations, and has developed an all-dry, […]

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Honeywell Ventures EV Industry Safety Solutions in India

USA based multinational Honeywell has announced bringing EV industry safety solutions to India. The firm has a portfolio of EV industry safety solutions. It also offers lithium-ion (li-ion) battery safety sensors, which help gauge potential battery fires. The firm’s suite of personal protective equipment (PPE) and gas detection solutions play a crucial role in safeguarding […]

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EV Maker Ola Takes Home INR 3,200 in Fundraising Round

Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […]

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Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger

The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […]

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Exeter Study Claims Solar ‘Tipping Point’, Challenges To Solar Growth

Research from a team at the UK- based University of Exeter has come out with some provocative findings. The research claims that the world may have crossed a “tipping point” that will inevitably make solar power our main source of energy. The study, led by the University of Exeter and University College London, is part […]

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RACE Energy & LOHUM Join Forces for Sustainable EV Battery Recycling

RACE Energy, a deep-tech electric vehicle (EV) infrastructure company for battery swapping, today announced a strategic partnership with LOHUM, a producer of sustainable energy transition materials via recycling, repurposing, and refining, to tackle EV battery waste and identify second life use applications. Aligning with the mandate under EPR (Extended Producer Responsibility) guidelines for responsible battery […]

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Hospitality Industry Welcomes Customizable EV by Speedways Electric

Speedways Electric, an innovator in electric vehicle technology, has unveiled its latest offering, Royale- a vintage-shaped Low-Speed Electric Vehicle (LSEV) for the hospitality industry. The design of the EV has been patented. Features Royale is a battery-operated, eco-friendly vehicle. It boasts a no-noise, no-pollution operation, making it an environmentally responsible choice, with running costs that […]

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