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electric vehicle

LG and ChargePoint Join Hands to Innovate EV Charging

ChargePoint, a provider of networked charging solutions for electric vehicles (EVs), and global innovator LG Electronics (LG) have formed a partnership to leverage their respective strengths for future innovations in EV charging. “LG shares ChargePoint’s commitment to enabling a world-class charging experience for all EV drivers, regardless of make, model, or connector type”. The first […]

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Honeywell Forays Into AI Battery Manufacturing Platform

Honeywell has announced the launch of its Battery Manufacturing Excellence Platform (Battery MXP), an artificial intelligence (AI)-powered software solution designed to optimise the operation of gigafactories from day one by improving battery cell yields and expediting facility startups for manufacturers. With traditional standalone solutions, battery manufacturers’ material scrap rates can be as high as 30% […]

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Sodium-Ion Battery Startup UNIGRID Battery Gets $12mn Funding

UNIGRID Battery, a San Diego-based startup developing advanced sodium-ion batteries, has announced a successful close of an oversubscribed $12 Million Series A funding round. The financing was Co-led by Transition VC and Ritz Venture Capital and joined by new investor Union Square Ventures and existing investor Foothill Ventures. The investment will accelerate and scale-up UNIGRID’s […]

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Thailand, India Can Pose Challenge To China’s EV Market: Report

Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario.  The Bloomberg […]

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Renewables, EVs Set To Reduce Global Oil Demand, Says Report

A latest report from the International Energy Agency (IEA) said that the global oil demand is likely to be tempered by clean energy transition. The report also said that the surge in Electric Vehicle (EV) sales and continued efficiency improvements of vehicles and use of more renewables in electricity production could negate the rise in […]

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Swift Solar Announces $27 Million Series A Funding Round

Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in […]

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Tata Power Deploys 850+ Charging Points Across India

Tata Power Renewable Energy Limited (TPREL), an integrated power company and an electric vehicle charging service provider, deployed 850+ charging points in key metropolitan areas. The company has set up charging points across 30+ bus depots in cities such as Delhi, Mumbai, Ahmedabad, Bengaluru, Jammu, Srinagar, Dharwad, Lucknow, and Goa. Tata Power claims to have […]

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Clean Motion Secures $1 Mn From Finvolve, India Accelerator

The Indian arm of Swedish electric vehicle (EV) maker Clean Motion has raised $1 million in seed funding from India Accelerator-backed micro-enterprise firm Finvolve. In a statement, Clean Mobility Solution India representative Deb Mukherji said the company’s India arm also plans to raise a pre-series round of $3 million to $5 million early next year. […]

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Volkswagen’s Charging Brand Elli Partners PV Provider Otovo For Home Charging Solutions

German auto major Volkswagen Group continues to pivot towards an electric vehicle future. Elli, its home grown brand for charging and energy, and Otovo, the leading European solar platform have  announced their strategic partnership. Their joint goal is to offer a holistic solution that combines clean solar energy with electric mobility. Together, Elli and Otovo […]

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