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Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More

Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […]

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Govt Calls For Proposal To Develop EV Charging Sub-systems

The government recently announced a Joint Call for Proposals to develop Electric Vehicle (EV) Sub-systems. At a ceremony held at Electronics Niketan, the Ministry of Electronics and Information Technology (MeitY), in collaboration with the Ministry of Heavy Industries (MHI), launched the initiative. At the event, while announcing the Joint Call for Proposals, S. Krishnan, Secretary, […]

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IEA Flags Supply Side Risks For Global Energy Security

The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […]

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EKA Mobility bags 250 E-Bus Order From Nagpur Municipality

EKA Mobility (Pinnacle Mobility Solutions Pvt. Ltd.), a leading electric vehicle manufacturer has won a new order from the Nagpur Municipal Corporation (NMC) for supplying 250 electric buses. The fleet will serve major routes across the city, enhancing the quality of public transport while significantly lowering operational costs and emissions. The contract for this service […]

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Coal Generation To Remain 30% Higher Than Solar Generation: IEA

Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […]

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Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA

Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […]

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Servotech Signs Pact With Ensmart To Boost EV Charging Biz In UK

Indian Electric Vehicle (EV) charger maker Servotech Power Systems and UK-based Ensmart Power, working in critical power, solar, and energy storage systems, has signed a sole distribution agreement to expand their EV charger distribution network across the UK and beyond, including North America. This agreement aims to capitalize on the rapid growth of electric vehicle […]

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Record-Breaking 1.7 Million EVs Sold Globally In Sept: Report

A record-breaking 1.7 million EVs were sold globally over the month of September, announced research-house Rho Motion, today. September overtook the previous record set in December 2023 by 150,000. The Chinese market beat their previous record set in August by 90,000 vehicles, to reach 1.1 million units sold in September 2024. Overall, 11.5 million EVs […]

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Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant

Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […]

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