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electric vehicles

Lord’s Mark Industries, Kerala Automobiles to Jointly Produce EVs

Mumbai-based Lord’s Mark Industries Pvt Ltd has entered into a joint venture (JV) with Kerala Automobiles Limited (KAL) for the manufacture of electric vehicles (EVs). The first production facility of the JV will be set up at Kannur in Kerala at an estimated investment of Rs 20-30 crore. Commercial production at the Kannur unit is […]

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20% of all E4W Used by Govt Entities, Karnataka Leads list: Gadkari

One in every five electric four-wheelers registered in the country is being used by govt entities, according to road transport ministry data submitted in Parliament. On Friday, Union road transport minister Nitin Gadkari informed Lok Sabha that govt entities are using 5,384 electric vehicles as of February 4. Earlier, he had informed Rajya Sabha that […]

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IIT Madras Partners with French Firm to Develop RE Research Park

French glass and building material major Saint-Gobain India and IIT Madras Research Park have entered into an MoU on Thursday to develop a 100% Renewable Energy (RE) – research park. Saint-Gobain India will support IIT Madras Research Park with a funding of Rs one crore over the next three years and the collaboration is to […]

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KoBold Raises Over $190 M to Source Metals for EV Batteries

Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […]

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Euler Motors, TWU to Deploy 1,000 E3W Within a Year

Bengaluru-based Electric Vehicle (EV) financier Three Wheels United (TWU) announced it has partenered with EV maker Euler Motors to deploy more than 1,000 electric 3-wheelers across Delhi NCR, Bengaluru, Chennai, and Hyderabad by the end of the financial year 2022-23. TWU aims to address the issue of high cost of finance for drivers of electric […]

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India’s RE Capacity Addition Rose by ~80% in Q3 FY22: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 3.4GW during the third quarter of FY22, compared to just 1.9GW installed in the same period last year, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook. This is nearly an 80% rise in new renewable energy (RE) capacity addition […]

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India’s 1st Virtual Marketplace for EVs is All Set for Launch

Electric vehicles (EVs) have begun making inroads into common Indian households as a result of rising innovative collaborations among automobile manufactures, battery producers, research institutes and the government. In anticipation of a fast approaching boom in the sector, the country’s first virtual e-mobility marketplace – EV MARKETZ – is all set for a launch. The […]

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Tata Group declines to participate in ‘EV Battery’ PLI Scheme

The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […]

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Record Sales in Jan’22 Push Ford to #2 in Global EV Market

American auto major Ford has climbed to rank 2 in the EV market. The company saw its highest-ever EV sales in January 2022. Additionally, the company was also ranked as the top-selling US automaker. As per the latest media reports, the EV sales of Ford have reached their all-time high. The growth is mostly due […]

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