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electric vehicle

GFCL EV Plans To Invest Rs 6000cr In Next Years In EV, Energy Storage

Gujarat Fluorochemicals (GFCL) EV Products Ltd, a subsidiary of Gujarat Fluorochemicals Ltd. (GFL), recently announced an investment of INR 6000 Crores (out of which approx. Rs 650 Cr is already invested till 31.12.2023) over the next 4- 5 years. This investment is to enable a supply of approx. 200 GWh/annually of electric vehicle (EV) and […]

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Maharashtra Hosts Highest Operational Public Charging Stations: Data

The Minster Of State For Heavy Industry, Krishan Pal Gurjar, shared details on the status of the Operational Public Electric Vehicle (EV) charging stations in India. In a written reply to the parliament, the minister gave state-wise details of the operational public charging (OPC) for electric vehicles (EVs) as of 2nd February 2024. According to […]

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EV Start-Ups River And OTO Raise $40 Million & $10 Million Respectively

As the electric vehicle industry in India is finding ways to steady rise, the start-ups in the EV ecosystem are strengthening the supply chain and expanding by garnering fresh funds. In fresh developments, EV maker River and EV finance firm OTO have raised $40 million and $10 million to further their businesses River Secures $40 […]

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Omega Seiki, Attero Partner For Recycling 100 Mwh Of Battery In 4 Years

EV player Omega Seiki Private Limited (OSPL) and Attero, a distinguished leader in e-waste management and lithium-ion battery recycling, have signed an MoU that marks a significant leap for the electric vehicle sector and lithium-ion battery recycling. The players have called it a landmark move for both the electric vehicle (EV) sector and e-waste management. […]

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South Korean University Research Aims At Boosting Lithium-Ion Battery Efficiency

Researchers at the Chung-Ang University in South Korea have worked on improving the efficiency of Lithium-ion batteries. Their work mainly involved in the electrolyte solutions. Lithium-ion batteries, essential for electric vehicles, face safety concerns due to polarization effects during fast charging. These researchers have now studied the impact of high-concentration electrolytes on their interface kinetics and […]

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India Established 7,432 EV Charging Stations Under FAME II: Minister

Minister of State For Heavy Industries Krishan Pal Gurjar, in a written reply before the Parliament, shared details on the amount given to the Electric Vehicle (EV) manufacturers under Faster Adoption and Manufacturing (FAME-II) for Hybrid Electric Vehicles.  “Rs. 5790 crores were given to electric vehicle manufacturers on sale of 13,41,459 EV under Phase II […]

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UK Releases New Measure To Support Faster Adoption Of Chargepoints

The United Kingdom (UK) government recently released ‘Plan for Drivers’ a new measure to support electric vehicle drivers to make the switch towards electric vehicle. The new proposals are undertaken to ensure chargepoints can be installed even faster and it included grants for schools, cash for councils and new proposals to boost number of chargepoints. […]

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EV Ride-hailing Snap-E Cabs raises USD 2.5 million in Pre-Series A Round

Kolkata based Snap-E Cabs, an EV Ride-hailing platform has raised USD 2.5 million in a Pre-Series A Round led by Inflection Point Ventures. Snap-E Cabs plans to allocate funds for talent acquisition to support growth, invest in tech upgrades and the introduction of new tech-enabled services, and expand operations into additional geographies. Snap-E provides an […]

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China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report

A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […]

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