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Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others

Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures.  Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […]

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SUN Mobility, Pilipinas Shell to Bring Battery Swapping Technology to Philippines

A provider of energy infrastructure and services for electric vehicles (EVs), SUN Mobility, has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines for two and wheel-wheel electric vehicles. Philippines-based Pilipinas Shell Petroleum […]

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The Top 3 States With Biggest EV Subsidies In India

India has been successful in spurring the Electric Vehicles trend in the country. While the central efforts were instrumental in this development, the contributions of various states in terms of subsidies have formed the backbone of EV adaptation as well. However, keep in mind that subsidies are unlikely to last very long, possibly not beyond […]

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Statiq To Supply 253 EV Chargers To REIL For Key Highway Projects

Electric vehicle charging service provider Statiq has revealed that the company has recently received an order from Rajasthan Electronics & Instruments Ltd. (REIL) for the delivery of 253 rapid electric vehicle (EV) chargers that will be employed on four critical highway projects. These highway projects will be connecting Agra and Lucknow, Meerut and Gontri, Chennai […]

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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 […]

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India’s EV Charging Roll Out, ‘Patla Pin’ Magic, And More Challenges

For a nation that embraced the mobile phone with breakneck speed, pricey prices notwithstanding, the heyday of Nokia phones in the late 90s and through early 2000s became synonymous with the thin-pin charger, which was very popular and ubiquitous at the time. Such was its ubiquity that it was assumed that everyone or every home […]

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Heavy Industry Ministry Blocking Rs 1100 Cr in Subsidies: EV Group

The producers of electric vehicles have requested the reinstatement of a subsidy intended to encourage the sale of vehicles. The industry will be “choked to death” by the unilateral decision to discontinue subsidy, according to the corporations. The plea comes even as FAME 2 subsidies made an explicit push to target public transportation and EV […]

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Battery Swap Service At Bangalore Metro Rail Stations

Japan-based carmaker Honda Motor’s subsidiary for battery swap services, Honda Power Pack Energy India Private Limited (HEID), and Bangalore Metro Rail Corporation Limited (BMRCL), a partnership between the governments of India and Karnataka, announced the launch of Honda e-swap services recently. HEID will run these services at the BMRCL Metro stations. The battery exchange service […]

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Float by eBikeGo Reimagines EV in Hospitality

Noida-based eBikeGo electric two-wheeler mobility platform will soon introduce a new business model called “Float by eBikeGo”. This is an initiative to provide EV two-wheelers for visitors at various hotels and resorts in tourist areas. The tourism industry has recovered and experienced tremendous development following the simultaneous lockdown caused by the COVID 19 pandemic in […]

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