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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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“Lead-acid Batteries are here to stay”, Ahila Krishnamoorthy, Daramic

Despite the increasing build up around lithium-ion batteries, which are poised to become the next big thing in battery storage space, demand for lead-acid batteries continues to grow steadily, if not spectacularly. The 90 year old US firm Daramic is at the centre of this transition, with a big stake in the sector. With its […]

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Amara Raja To Invest €10 million In EV Battery Specialist Inobat Auto

India’s second largest battery maker, Amara Raja Batteries is investing €10 million in InoBat Auto, a Norway based firm focused on research and development in the field of batteries for electric vehicles and production of lithium-ion battery cells as well as tailored and customs cells. The investment will be in the form of a subscription […]

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IEEE Expert Insights -Tech That Paved the Way For E-Bike Boom

Millions of people across the world bought bicycles during the pandemic. For some, they were merely a means of going from point A to B without having to deal with the big crowds often present inside bus or train stations. For others, they were a form of recreation. While bikes have served us well over […]

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New Report Offers Insight on Lowering Commercial EV Battery Costs

A steady stream of headlines illustrates significant progress in commercial vehicle markets. New technologies come to market regularly, and tens of millions of incentive voucher dollars are fully reserved in minutes. However, the zero-emission electric commercial vehicle market has a challenge at its core – battery costs and sourcing and supply conditions. Clean transportation solutions […]

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MIT Researchers Create World’s Longest Flexible Fiber Battery

MIT researchers have developed a rechargeable lithium-ion battery in the form of an ultra-long fiber that could be woven into fabrics. The battery could enable a wide variety of wearable electronic devices, and might even be used to make 3D-printed batteries in virtually any shape. The researchers envision new possibilities for self-powered communications, sensing, and […]

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EV Charging Startup Charzer Ties Up with ADDA For Charging Stations In Apartments

Bengaluru based EV charging infrastructure startup, Charzer has partnered with ADDA, a comprehensive society management system, to build EV charging infrastructure in apartment complexes and gated communities. By getting empanelled on ADDA Discover for Association Platform, in the first phase, Charzer will install smart EV charging stations across 1500 apartment complexes across India in the […]

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Okaya Launches High-Speed E-scooter ‘Faast’ at ₹89,999

Okaya Electric Vehicles, an Indian battery manufacturer based in Gurugram, launched its latest high-speed e-scooter — Okaya Faast — at the EV Expo 2021 that was recently held at India Expo Mart, Greater Noida. The new e-scooter offers a top speed of 60-70 kmph and has a range of between 150-200 km per charge depending on usage, […]

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