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Growth Of EV Market Highest In China, EU, Says WRI Report

Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […]

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Gogoro & HPCL Ink Agreement for Battery Swapping Stations

Gogoro, a battery swapping firm, has revealed that it has joined hands with HPCL in an initial agreement. The partnership will pave the way for the set up of battery swapping stations all over India in the near future. HPCL is a government-owned oil marketing firm. Under the agreement, Gogoro will establish an expansive network […]

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Altigreen & Bolt.Earth Sets Sights on Deployment of 100 3.3 kW Charging Stations

Altigreen, which manufactures electric vehicles designed for last-mile applications, has entered into an agreement with Bolt.Earth, a firm which provides electric vehicle charging infrastructure. The two firms have together set sights on the deployment of a hundred 3.3 kW charging stations for electric three-wheelers within a month. Further, they intend to set up more than […]

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Servotech & IIT Roorkee Team Up for Rectifier Units of CCS2 Chargers for EVs

Servotech Power Systems Ltd. (SPSL), an EV charger manufacturer has recently signed two MOUs with IIT Roorkee to develop state-of-the-art rectifier units for CCS2 chargers and onboard EV chargers for two, three and four wheelers.  The onboard charger for electric vehicles is compact and lightweight charger designed to be mounted directly on the two, three […]

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RMI Predicts Increase In EV Car Sales By 10% In Six Years

The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled “X Car Charge: The […]

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Bridgestone India & Tata Power to Install EV Chargers Across India

Automotive products firm Bridgestone India and Tata Power have come together to install EV chargers for four wheelers at Bridgestone dealerships on a pan India basis. These chargers will be operational on a 24×7 basis. Tata Power will be responsible for installing DC fast chargers of capacity 25/30 Kwh that are capable of charging a […]

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EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report

The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […]

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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […]

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Power Consumption By EVs Up 216% In Maharashtra

In a sign of things to come across more and more states in India, the sale of power for electric vehicles in the state has increased by 216% in ten months — from 4.56 million units in September 2022 to 14.44 million units in July 2023, Chairman and Managing Director of Maharashtra State Electricity Distribution […]

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