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electric vehicles

DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt

DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […]

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EV Financing Platform Revfin Raises $4 Million In Pre-Series A Funding

Revfin, a digital e-mobility consumer lending platform underwriting financially excluded and underserved segments, has raised $4m (Rs 30 crores) in a pre-series A funding round with both equity and debt. This fund raise will help the firm fast-track the adoption of EV solutions among the low-income consumers in the country. The funds raised will be […]

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TVS Motor, Tata Power to Develop EV Charging Ecosystem in India

Automaker TVS Motor Company and electric utility Tata Power are partnering to drive the implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations. The partnership aims to create a large dedicated electric two-wheeler charging infrastructure to accelerate electric mobility in India. This will also give the […]

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BESCOM Must Encourage EV Charging at Home at Night to Manage Overloads, finds Study

A new report by India Smart Grid Forum (ISGF) analyses the challenges involved in the installation and maintenance of EV charging infrastructure in Bengaluru city and suggests that authorities should encourage charging of vehicles at home during the night, among several other recommendations. The full study can be accessed here. The government of Karnataka had issued […]

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Yulu, Adani Partner to Provide 24×7 Battery Charging Access in Mumbai

Bengaluru-based e-mobility service provider Yulu has partnered with Adani Electricity Mumbai Limited (AEML), one of the key Mumbai discoms, with the mutual objective of working towards building a sustainable city by reducing traffic congestion and air pollution in Mumbai. With this collaboration, Yulu will have access to multiple AEML premises across Mumbai, and will work […]

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Willdan to Install Smart-city Upgrades in Dublin, California, for $21.2 M

Willdan Group, Inc. has been selected by the City of Dublin, California, to implement citywide energy efficiency, infrastructure, resiliency, and smart-city upgrades under $21.2 million contract. Willdan is a US provider of professional technical and consulting services to utilities, government agencies, and private industry. Under this comprehensive contract, Willdan will perform project engineering, development, construction, […]

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Geothermal Power Push Points to Record Well Count in 2021: Rystad

Renewed interest in the geothermal sector in recent years, which has seen oil and gas majors make investments in numerous startups, is set to see a new record in the number of wells drilled for power generation, surpassing 200 this year for the first time. Spending on geothermal activity is expected to boom in the […]

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Chinese Automakers Develop Tech to Seize Hybrid Market: Report 

The sales volume of new hybrid passenger cars should account for 50%-60% of traditional energy passenger cars by 2025, 75%-85% by 2030, and 100% by 2035, finds a new a new report. The study claims that Chinese automakers have developed hybrid systems independently to seize the hybrid market. The “Global and China Hybrid Vehicle Industry […]

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