SUBSCRIBE NEWS LETTER

battery costs

Electric Vehicle Growth Continues: Outlook for 2023

Electric vehicles (EVs) registered a market disrupting growth through the last decade, more so in the last few years. Clean mobility technology remains one of the most important aspects of energy transition across the globe. The year 2022 was a significant year for EVs, and the expectations are that the trend will continue in 2023. […]

Read more

The Top 5: Challenges to EV Growth in 2023

The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India.  According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […]

Read more

Ola Electric Mulls Introduction of Service Subscription Plans

Ola Electric has announced that the company may launch service a subscription service in the coming week. Ola Electric Chief Executive Officer, Bhavish Aggarwal, made the announcement about the service subscription plans of the company on Twitter. Without offering much information about the plan, Aggarwal asked on the social media platform what kind of benefits […]

Read more

How Lithium Batteries Can Reduce The Rates of EV & Its Impact In 2023

By Ankit Mittal, Co-Founder & CEO, Sheru For an electric vehicle, the battery is its most crucial as well as its most expensive component. In 2015, they made up more than 57% of the cost of an electric car in the US. Advances in technology, improved manufacturing processes, and efficiency gains have all meant that […]

Read more

We Are Targetting Volumes of Nearly 175,000 Vehicles Yearly in Next 5-7 Years

EV startup, ElectronEV was founded in 2020 by Vinay Jayachand and Rakesh Koneru. Based out of Bay Area, USA and Hyderabad, the startup recently announced its entry into the Indian market. Its founder Vinay Jayachand brings to the table more than 11 years of experience in the automotive industry. Of this, he spent eight years […]

Read more

Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary

Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […]

Read more

WB E-Vehicle Plans Stumped by Shortage of Lithium-ion Batteries

The high dependence on imported lithium ion batteries (cells) is taking a toll on the vehicle industry that looks for a quick and quality transition from fossil fuel based to electricity mode. This time the Transport Minister of West Bengal – Firhad Hakim – has said that the state is not able to expand its […]

Read more

Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff

In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll