SUBSCRIBE NEWS LETTER

battery costs

Charging Infrastructure: The Backbone That is Driving a Transformation

By Varun Goenka With global oil prices skyrocketing and petrol and diesel costs going up almost on a daily basis, there is an urgent need to switch over to a more sustainable energy option. Recognizing this, the Indian government has been actively trying to promote the use of electric vehicles (EVs). The Centre and several […]

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Capital A Invests In Oorja For Safe EVs In India

In a bid to catalyze the Indian electric vehicle (EV) industry, Capital A, a venture seed fund for early-stage start-ups has made a strategic investment in Oorja, which strives to empower automotive companies to design better batteries. The fund will be made available from “Evolve”, a $10-million cleantech fund that Capital A had launched earlier […]

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India’s EV transition Is More Resolute In The Three-Wheeler Industry

By Harsha Bavirisetty According to a report from the Investment Information and Credit Rating Agency (ICRA), three-wheelers will spearhead the Indian EV journey because these vehicles have to travel fewer distances, carry more load and generally will make do with a day’s worth of charge. The new electric three-wheelers (e3w) sold in the country in […]

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Omega Seiki Mobility & Log9 Launch E-Three Wheeler

Electric Vehicle manufacturer Omega Seiki Mobility and Bengaluru based battery maker Log9 Materials have unveiled the longer-range version of Rage+ electric 3-wheeler called ‘Rage+ RapidEV Pro’. The e-vehicle has been developed by the two players jointly. The Rage+ RapidEV Pro, available in two variants with different cargo body volumes, comes with the RapidX 8000 battery […]

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From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022

California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […]

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Germany To Reduce Electric Car Subsidies Starting Next Year

In a major move, Germany’s Economy Ministry has announced that the government will reduce the subsidies or financial incentives on the purchase of electric cars from next year. This is a result of an agreement reached between the coalition partners. It is being said that rising adoption of EVs has already made the government subsidies […]

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Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association

According to a report from the American Clean Power Association (ACPA),  a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […]

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eBikeGo To Establish Manufacturing Plant For Domestic, Global Market

The electric two-wheeler mobility platform eBikeGo has announced its plans to expand footprint beyond the shores. Popular brands like Muvi and Velocipedo of eBikeGo will make their presence felt in a new market outside of India when the new manufacturing plant begins to produce electric bikes through subsidiary arm, Vajram Electric. Not just powertrain, but […]

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Volkswagen Creates Charging Station Made with Used EV Batteries

Volkswagen has said that it has commissioned its first battery energy storage facility in Germany with reused modules from the pre-production of the Volkswagen ID.3 and ID.4. This has come at a time when the electric vehicle charging infrastructure has become central to the growth of the EV sector across the globe and countries, including […]

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