SUBSCRIBE NEWS LETTER

electric vehicles

India’s EV Two-Wheeler Firm Okaya EV Opens First Showroom in Sri Lanka

Electric scooter maker Okaya EV has forayed into Sri Lanka, the company has announced. It claims to be India’s fastest growing electric two-wheeler brand and it said that its beginning in Sri Lanka shows the continuing with its commitment of delivering a wide range of e-scooters to its customers all across the globe. Okaya EV […]

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Mahindra Logistics Unveils Net-Zero Warehouse in Telangana District

An integrated third-party logistics (3PL) service provider, Mahindra Logistics Ltd. (MLL) has built a new net-zero facility using a sustainable storage design that includes multi-client capabilities, renewable energy, resource conservation, and green cover. The 3.7 lakh square foot modern net-zero multi-client warehouse is located in the Aruna Industrial Park in the Banda Mailaram hamlet of […]

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Battery Storage Player Element Energy Secures $28 Mn Fresh Financing

California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […]

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Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems?

The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […]

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Govt to Add 137 EV Charging Stations to National Highways

Nitin Gadkari, India’s Union Minister for Road Transport and Highways, said recently that the central government has allocated funds for the construction of 137 additional roadside amenities with EV charging stations on national highways in addition to the seven that already exist.  According to Gadkari’s written response to the Rajya Sabha, “The wayside amenities are […]

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President Murmu Unveils EV Yatra Portal App On Energy Conservation Day

An EV yatra portal and a mobile application, which will enable in-vehicle navigation to the closest public EV charger, are set to go live soon, according to a release from the office of President of India, Draupadi Murmu. At a celebration for National Energy Conservation Day, the President will also present awards to the recipients […]

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Mahindra & Mahindra Invests Rs 10000 Cr To Expand EV Production

Mumbai-headquartered auto major Mahindra & Mahindra Ltd (M&M) recently announced that it will invest Rs 10,000 crore to build an electric vehicle manufacturing facility in Pune, Maharashtra. The industrial development scheme for electric vehicles of the Maharashtra government has approved the company’s investment, according to the company. For the establishment of the manufacturing facility, development, […]

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Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables

The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […]

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