SUBSCRIBE NEWS LETTER

electric vehicle

REIL Issues Tender for Setting UP 100 MW SPV Module Manufacturing Line

A joint venture between the Government of India and the Government of Rajasthan, Rajasthan Electronics and Instruments Limited (REIL) issues tender/ has requested a bid to set up a 100 MW automatic solar module manufacturing line. This Automatic Solar Photovoltaic (SPV) module manufacturing line is on turnkey basis. Within seven months after the purchase order’s date, […]

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How Auto Ancillaries are Adapting to the New Normal

Rapid transformation in the digital space, especially following the pandemic disruptions in the adoption of new cutting-edge technologies, has also prompted the evolution of the automotive industry across the globe. In India, the auto component manufacturers have been re-shaping the industry by relentlessly chalking out strategies to expand their capacity and create skill set to […]

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US Based Lunar Energy Raises $300 Mn To Expand RE Solutions

Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […]

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Mercedes To Drive India’s Luxury EV Market, Poised To Overtake Tesla

According to its country head, Martin Schwenk, Mercedes-Benz wants to dominate the market for premium electric vehicles in India. This will help it maintain its lead over rival Tesla and solidify its position as the most popular luxury automobile brand. According to Martin Schwenk, Mercedes-Benz will introduce three new electric vehicles in India this year, […]

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Mercedes-Benz to Buy 10k Tonnes Lithium from Canada’s Rock Tech

Leading automaker Mercedes-Benz AG and Canada’s lithium development company Rock Tech Lithium have announced that they will enter into an agreement which will provide for a strategic partnership to produce high-quality lithium hydroxide for the automaker and its battery suppliers. Under the intended binding agreement, Rock Tech has agreed to deliver up to 10,000 tonnes […]

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EV Manufacturer Odysse Adopts Advanced IoT Technology in EVs, Adds Dealerships

Maharasthra-based EV manufacturer, Odysse Electric Vehicles has announced an upgraded version of its IoT-enabled vehicles (Advanced IoT Technology), which provide real-time information and play an indispensable role in offering vehicle data. According to the company, the advancement also measures absolute and relative parameters such as speed, acceleration, and braking pattern to provide recommendations for improved […]

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China’s Ganfeng Lithium To Supply Battery Raw Materials to GAC AION

China-based Ganfeng Lithium has announced that it has signed an agreement with China’s new EV-maker GAC AION for the development of battery raw materials and recycling of decommissioned new electric vehicle (NEV) batteries.   The company said that it also work on recycling of decommissioned electric vehicle batteries. The company claims to be one of the […]

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Lith Pwr Mobility Partners With Tork Motors, Japanese OEM For e-Three Wheelers

Thane-based electric vehicle start-up Lith Pwr Mobility has partnered with Tork Motors and Honda Power Pack Energy India to launch a brand new version of electric three-wheeler named ‘ePRO.’ Honda Power Pack Energy India is a subsidiary of Japan’s Honda Motor Company while Tork Motors is an electric vehicle and charging infrastructure manufacturing start-up. The […]

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IREDA Inks MoU with Bank of India for Co-Lending for RE Projects

To facilitate co-lending, co-origination, and loan syndication for renewable energy projects, The Bank of India (BoI) and the Indian Renewable Energy Development Agency Limited (IREDA) inks MoU (Memorandum of Understanding). IREDA is one of the earliest and largest renewables-focused financial institutions. The MoU will enable cooperation between IREDA and BoI on renewable energy initiatives including […]

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