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Tesla Constructs Europe’s Biggest Battery Next to Dogger Bank Offshore Wind Project

 A Tesla battery developer has claimed to be the largest battery deployed in Europe so far by storage capacity. The battery has been turned on in northeast England, close to the grid connection point for the sizable Dogger Bank offshore wind farm- a joint venture between SSE Renewables, Equinor (40%) and Vårgrønn. The industry leader […]

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EV Startup Chargeup Raises $7 Million in Pre-Series A1 Round

Chargeup, a battery-swapping firm based in Delhi and an Indian FinTech (Finance-Network-Technology Platform) platform, has secured $7 million in a Pre-Series A1 investment. Along with other notable investors like Ekta Kapoor, Sunil Kalra, and Sachin Mehra, it was co-led by Capital-A and Anicut Capital. By lending loans to Chargeup, Jiraaf, a platform for high-yield alternative […]

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BPCL’s Major EV Charger Supply Project Goes to Servotech

Servotech Power Systems Ltd., an NSE-listed leading manufacturer of EV Charging solutions, has been awarded a major project by Bharat Petroleum Corporation (BPCL) for the supply and installation of 800 units of DC fast EV chargers at different locations across India in the next four months. The project will span across the country, equipping petrol […]

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Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs

The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […]

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China’s NIO Invests $273 Mn To Establish Separate Battery Tech Company

Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by […]

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Battery Swapping Technology to Transform India’s EV Industry in 2023

Ankit Mittal, Co-Founder & CEO, Sheru   India’s EV industry has grown rapidly in the recent past, especially in the 2-wheeler and 3- wheeler segments. Comprising just 2% of all 2-wheeler sales at the beginning of 2022, sales of e-2-wheelers were more than 5% of total sales in September. The 3-wheeler segment has seen even […]

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Shadowfax and Mooving Join Forces to Hasten EV Adoption

Battery swapping business Mooving as shared an update on its partnership with delivery service provider Shadowfax from Bengaluru. Part of these ongoing initiatives is to make sure that its technology, which is driven by Smart Battery Swapping, enables the mass market transition to EVs. According to both companies, rider partners can now easily subscribe to […]

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Sixt to Buy 100,000 BYD EVs for European Fleet in Next Six Years

Global mobility service provider, Germany-based Sixt and world’s largest manufacturer of New Energy Vehicles, BYD, have signed an agreement under which Sixt has ordered several thousand of pure-electric vehicles from BYD initially, the first of which will be available for Sixt customers in Europe in the last quarter of 2022. As per Sixt, the initial […]

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