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electric vehicle

Our goal is to raise production capacity to 3 GW yearly: Anurag Garg, Jakson Group

Please tell us about the manufacturing capacity and expansion plans of Jakson. Presently, we have 580 MW module manufacturing capacity at our Greater Noida Plant in India. We were among the first Indian manufacturers to start with fully automatic (including auto bussing) module manufacturing facility and waterless technology NDC laser cutting machine in 2021-22. The […]

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Gurugram-based EV Logistics Firm Zyngo Raises $5 Million Funding 

Zyngo EV Mobility Private Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has now raised USD five million in a ‘pre-series A’ funding led by Delta Corp Holdings (Delta Corp). It was in addition to the participation from existing investors like LC Nueva Investment Partners LLP. The company said these funds would be used to […]

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Five Major Challenges India Can Face in Lithium Mining

In the latest development, the Geological Survey of India (GSI) indicated the presence of a large deposit of Lithium in the Degana region of Rajasthan’s Nagaur district. It is the second largest critical mineral discovery after the GSI discovered another significant source in the Reasi district of Jammu and Kashmir in February this year. While […]

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Servotech Q4 Results Charged Up On Strong EV Show

Servotech Power Systems Ltd., a manufacturer of solar, electric vehicle (EV) chargers, power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended March 31, 2023 at its Board of Directors meeting on May 7, 2023. The firm with a strong foothold in the EV charging space and in the government […]

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Is It Possible To Build Smaller Yet Long-Lasting Lithium Batteries? 

Lithium-ion batteries have now become indispensable to households across the world. With their excellent energy storage, lightweight, and recharging potential, these batteries are now finding their rampant usage in Electric Vehicles (EVs) and other household energy storage devices. But is it possible to build more long-lasting and smaller Lithium-ion batteries of equal or more capacity? […]

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Govt To Disburse Subsidy Dues To Ola, Ather, Hero & TVS Under FAME-II

The Ministry of Heavy Industries, the nodal government agency handling the Faster Adoption of Manufacturing of Electric Vehicle (FAME)-II scheme, has been mulling returning the due subsidies of four major electric two-wheeler companies, reports claimed.  The move comes days after these EV players announced reimbursing the EV customers to whom these companies sold EV chargers […]

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Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates 

A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country.  The report estimates that the […]

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EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations

EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000  over the next year. BluSmart boasts of […]

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China’s Exports Profile Shifts To Green As Li-Ion Batteries, EVs And Solar Batteries Step Up

China, for long synonymous with cheap exports in categories like toys, apparel, home appliances and furniture has slowly but surely been changing the profile of its exports, with newer, higher value and tech intensive categories edging ahead. In fact, consumers might have already noticed that in categories like Apparel and Furniture, it is no longer […]

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