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electric vehicle

Swiggy Pledges 8,00,000 Kms Daily on EVs by 2025 . Is It Ambitious Enough?

India’s food delivery giant, SoftBank-backed Swiggy, has announced a slew of partnerships with various electric vehicle (EV) manufacturers in recent times to develop what it calls a sustainable, greener, and cost-effective solution for delivery fleets. Swiggy has started trials in Hyderabad, Delhi, and Bangalore of deploying EVs in its delivery fleets. These trials are the […]

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Quantumscape Races To Deliver Its Breakthrough Solid State Battery For EV’s

QuantumScape founder and CEO Jagdeep Singh continues to be optimistic about his firms progress, even as the firm’s stock price has been beaten down this year. the firm, which listed after merging with a SPAC (Special Purpose Acquisition Company). The firm’s biggest shareholder is Volkswagen AG with a 26% stake. Singh highlighted a key milestone […]

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Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021

The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […]

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Omega Seiki To Invest Rs. 100 Crore for EV Manufacturing Unit in UP

A member of the Anglian Omega Group, Omega Seiki Mobility (OSM), has signed a Memorandum of Understanding (MoU) with Youth Rural Entrepreneur Foundation (YREF) to set up an electric vehicle (EV) manufacturing facility in Ghazipur, Uttar Pradesh. The Indian OEM has also announced to invest Rs 100 crore for the EV manufacturing unit in the […]

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India’s EV Sector Attracts Rs. 25,000 Crore Investments Till July 2021

Indian EV sector recorded Investments of approx. Rs. 25,000 crore during the first seven months of this year. The second wave of Covid-19 was highly destructive to almost every sector of the country. However, the electric vehicle (EV) and e-mobility sector says a different story, as it has witnessed numerous financial deals and investments. India’s e-mobility […]

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BHP, TransAlta to Build $54 M Solar+Storage Project in Western Australia

Anglo-Australian mining company BHP and its power partner in the Goldfields, TransAlta, are to build two solar farms and a battery storage system to help power the Mt Keith and Leinster nickel mines in Western Australia. This will help BHP reduce emissions from electricity use at Mt Keith and Leinster by 12 per cent, based […]

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Hindustan Zinc To Use BEVs in Underground Mining, Partners with Normet Group

Indian mining major, Hindustan Zinc Ltd. (HZL), today announced its big plan for decarbonization of its mines. HZL has partnered with Normet Group that works for making underground mining and tunnelings digitalized and sustainable, to introduce India’s first battery electric vehicles (BEVs) in underground (UG) mines.  HZL’s CEO MR, Arun Misra has announced an investment […]

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CESL Signs Agreement with HPCL to Set up EV Charging Infra

Convergence Energy Services limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for setting up of charging infrastructure in select retail outlets in several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up […]

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BTM Storage is Closer Than You Think In India, Says Report

Integrating large amounts of behind-the-meter (BtM) battery storage and consuming their own energy will be possible for non-residential consumers by 2025, enabling a distributed energy future, says a new report Auroville Consulting. The report findings are based on the levelized cost analysis of solar-plus-energy storage systems for consumers in Tamil Nadu. The status report titled […]

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