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electric vehicle

UP, Maharashtra & Karnataka Drive 40% of India’s EV Sales

In a defining moment for India’s electric mobility revolution, electric vehicle (EV) sales soared to 19 lakh units in 2024, marking a 19% increase over 2023, according to the International Council on Clean Transportation (ICCT) report. This was accompanied by a record expansion of 25,202 public charging stations nationwide. These achievements align with the PM Electric […]

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Bridging the Gender Gap in India’s Green Energy and EV Sector

India stands on the brink of a green revolution, with significant strides being made in the green energy and electric vehicle (EV) sectors. However, as we pave the way for a sustainable future, it is crucial to address the glaring gender gap in these industries. Increasing women’s workforce participation is not only a matter of […]

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LG Energy To Supply Cylindrical Batteries for Aptera’s Solar EVs

LG Energy Solution has announced its partnership to supply cylindrical batteries to Aptera Motors Corp. (Aptera), a solar electric vehicle manufacturer. The agreement follows the signing of a three-party Memorandum of Understanding (MoU) in Las Vegas between LG Energy Solution, Aptera, and CTNS, a battery module and pack manufacturer. The three companies will collaborate on […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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Govt Brings Draft Rule To Lower Tariffs For EV Users

The latest draft rule made by the Ministry of Heavy Industry (MHI) has proposed new benefits under the PM-Drive scheme. The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme aims to boost electric mobility in the country with a special focus on electric buses and other electric vehicle segments. Currently, the EV […]

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Himachal CM Announces Installation Of Solar Project In Kaza

Himachal Pradesh (HP) Chief Minister Thakur Sukhvinder Singh Sukhu recently announced the installation of a 2 MW solar power plant in the state to improve the power supply in the tribal region of Kaza. He said that within a few months, the plant would be fully operational with the addition of a 1 MWh battery […]

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IREDA Sanctions Up 129% In Q3, Disbursements Rise 41%

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […]

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BatX Energies Starts New Lithium-Ion Battery Recycling Facility In UP

BatX Energies Pvt. Ltd, an Indian lithium-ion battery recycling company, has inaugurated its new Critical Minerals Extraction plant (HUB-1) in Uttar Pradesh. This marks a significant leap for the firm’s expertise in extracting vital materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, directly addressing the challenges of resource scarcity. These critical […]

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