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electric vehicle

E-Tractor Maker AutoNxt Automation Secures Fresh Funding

India’s first electric tractor venture AutoNxt Automation has announced that it has secured a funding of Rs 6.4 Crore in angel investment from HNI in their seed round of funding under the leadership of board member Swadeep Pillarisetti. AutoNxt Automation held that the funding round was led by Keiretsu Forum, Virya Mobility 5.0 and a […]

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Charging Infrastructure: The Backbone That is Driving a Transformation

By Varun Goenka With global oil prices skyrocketing and petrol and diesel costs going up almost on a daily basis, there is an urgent need to switch over to a more sustainable energy option. Recognizing this, the Indian government has been actively trying to promote the use of electric vehicles (EVs). The Centre and several […]

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Mahindra & Volkswagen Expand Collaboration To Speed Up Indian EV Sector

The Volkswagen Group and Mahindra & Mahindra Ltd (M&M) recently declared that they will be furthering their collaboration. Earlier this year, the two companies signed a term contract for the delivery of MEB electric components for Mahindra’s new, specifically designed electric platform, INGLO. Five all-electric SUVs with MEB components are included in the cooperation, which […]

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Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’

On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […]

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Superior Battery Swapping Infrastructure Can Change the Entire EV Ecosystem

This year’s Budget was very important for the EV Industry as the Indian government has introduced a battery swapping policy and created higher standards for the growth of India’s electric vehicle (EV) ecosystem. The battery swapping policy and interoperability standards for electric vehicles (EVs) announced by the government in the Budget aim to address one […]

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Ford Motors Signs 650 MW PPA With US Energy Company DTE Energy

America-based automobile manufacturer giant, Ford Motors Company has announced that it will soon be able to credit 100% of its electricity supply in Michigan to sustainable energy thanks to a new clean energy deal with DTE Energy. By the new deal disclosed today, DTE will increase Ford’s solar energy capacity in Michigan by 650 megawatts […]

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Energy Storage Developer NineDot Energy Unveils Battery Storage Site In New York

Community scale clean energy developer, NineDot Energy has unveiled its first battery energy storage site in the Bronx, New York City. The site is equipped with a 3.08 MW Tesla Megapack system, a solar canopy, and infrastructure ready for bi-directional electric vehicle chargers. NineDot said that combined with its large pipeline, this project also supports […]

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Capital A Invests In Oorja For Safe EVs In India

In a bid to catalyze the Indian electric vehicle (EV) industry, Capital A, a venture seed fund for early-stage start-ups has made a strategic investment in Oorja, which strives to empower automotive companies to design better batteries. The fund will be made available from “Evolve”, a $10-million cleantech fund that Capital A had launched earlier […]

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Gensol Ventures Into EV Market With Manufacturing Plant In Pune

Ahmedabad-based renewable energy solution provider, Gensol Engineering Ltd. has announced that it would enter into the electric vehicle (EV) market with personal mobility and cargo electric vehicles manufacturing plant. The business aspires to establish an EV manufacturing plant in Chakan, Pune. The plant is expected to begin making products in October this year and accept […]

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