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electric vehicle

New Financing Association Forms Platform for FIIs that Finance EVs

A group of financiers that are actively financing electric vehicles have joined hands to launch an association, Electric Mobility Financiers Association of India (EMFAI). EMFAI will prove to be a common platform for all the financial institutions involved in financing electric vehicles and other products as well as services relevant to the ecosystem. The association […]

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India’s Lithium Battery Recycling Gets Boost with New Rules

In a big boost to the nascent lithium battery recycling industry in India, the environment ministry has announced new Battery Waste Management Rules, 2022, establishing responsibilities of producers, dealers, consumers, and entities involved in the collection, segregation, transportation, refurbishment, and recycling of all types of batteries, including rechargeable Lithium-ion batteries used in electric vehicles. The […]

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Neuron Energy & EVTRIC Motors Join Hands for Battery Solutions

Pune-based EV producer EVTRIC Motors and Mumbai-based battery manufacturer Neuron Energy have announced their alliance. According to the agreement, Neuron Energy would supply 12000 battery packs annually through this alliance, earning around Rs. 50 crores in income. This long-term, strategic partnership will be able to satisfy all of EVTRIC Motors’ battery pack requirements. EVTRIC will […]

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Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe

Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […]

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Servotech Bags 4.1 MW UPNEDA Solar Project

The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has awarded a sizable, state-spanning grid-interactive rooftop solar power plant project to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. The project entails construction of 4.1 MW solar project all around the state. According to the document, […]

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Okaya EV & Amazon India In Partnership

Okaya Electric Vehicles, India’s reputed electric vehicle brand, offering an end-to-end EV solution from electric vehicles to EV charging and battery swapping solution, has announced partnership with global e-commerce leader – Amazon to bring Okaya EVs to the doorsteps of millions of customers. For the first time in India, Amazon has introduced an exclusive “vehicle” […]

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The Many Promises of Battery Swapping

Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […]

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First Semi-Solid State Portable Energy Systems to be Unveiled at Berlin’s Expo

California’s sustainable energy technology start-up Zendure will introduce SuperBase V, the new standard for portable home energy systems, at the IFA consumer electronics expo in Berlin. The first system in the market to use semi-solid state batteries is called SuperBase V, and it has a capacity range of 6.4 kWh to 64 kWh. It is […]

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Gujarat’s EV Charger Installer Mindra EV Inks MoU with IRM Energy for EV Charging Stations

As part of a significant move toward green transportation, IRM Energy, a Gujarat-based integrated natural gas distribution firm, and Mindra EV, another Gujarat-based EV charger installer, have partnered to install fast DC EV charging points throughout their CNG retail outlets in Gujarat. The decision will hasten the state’s adoption of EVs. IRM Energy’s CNG retail […]

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