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AI Should Not Be A Force Fit Into Businesses

MetroRide is an AI-powered mobility solution offering a hassle-free commute using shared Electric Vehicles. Dedicated to short rides, it is currently operational in Delhi, Noida and Bangalore, connecting daily urban commuters to high-frequency hubs like Metro Stations, Universities and Corporate Parks within a 5-mile radius. The platform leverages AI and huge data points for analytics […]

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Goa Govt Approves E-mobility Policy, Targets 30% EV Adoption by 2025

With the objective of boosting adoption of electric vehicles (EV) to at least 30% by 2025, the state government has approved the Goa Electric Mobility Promotion Policy (GEMPP) 2021. The policy aims to create 10,000 direct and indirect jobs in the sector by 2025. With the focus on establishing Goa as a model of international […]

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Bounce, Park+ to Set Up Battery Swap Infra Across 10 Cities

Electric scooter rental startup Bounce, which is set to launch its first e-scooter Infinity early next month, announced on Saturday its collaboration with parking solution platform Park+ for setting up battery swapping infrastructure at more than 3,500 locations, spread over 10 cities. This smart framework will be available at locations like residential societies, key parking […]

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Omega Seiki Mobility, Charzer In Partnership For 20K Strong Pan India Charging Network

Bengaluru based EV charging infrastructure startup, Charzer has joined hands with Omega Seiki Mobility, an Anglian Omega Group Company to set up a network of 20,000 EV charging stations across India in the next two years, accelerating the shift to electric vehicles in last mile logistics. This will help Omega Seiki deploy 30,000 cargo vehicles […]

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Mitra Chem Raises $20 M Series A to Fund Li-ion Battery Materials R&D

Mitra Future Technologies (Mitra Chem), a North American producer of lithium-ion battery materials, has announced the completion of a $20 million Series A round that was led by Social Capital, a California investment firm. The firm plans to use the capital from the round to invest in product R&D and expand North American pre-pilot production […]

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An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030

A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […]

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Rio Tinto Invests in InoBat to Support Battery Ecosystem in Europe

UK-headquartered mining firm Rio Tinto is investing in Inobat Auto, a battery technology and manufacturing company, to support the development of a battery ecosystem in Europe. This investment will support the completion of InoBat’s research and development centre and pilot battery line in Voderady, Slovakia. It follows a Memorandum of Understanding signed in May, outlining an […]

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Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF

Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […]

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Japanese Wind Turbine Can Harness Typhoon Energy

As governments and companies globally rush to install as much renewable energy capacity as possible to cut carbon emissions, areas often not suitable for solar arrays or wind farms are opening up for development with advances in technology. In Japan, a start-up called Challenergy has designed a wind turbine that works in cyclonic conditions, which typically […]

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