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News Brief May 23 – Atiaia Energia, Babcock & Wilcox Solar Energy, MG Motors

V.tal Signs Solar Energy Agreements with Atiaia Energia and Atlas Brasil Energia Digital services and telecommunications infrastructure provider V.tal has inked two major agreements for solar energy self-production. These CADE-approved agreements comprise collaborations with Atlas Brasil Energia and Atiaia Energia, two generators. As per the terms of the deal with Atiaia Energia, V.tal will form […]

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Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage

In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […]

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How US Import Barrier On Chinese Solar Cells Can Change Trade Game?

The recent trade barriers imposed by the United States (US) against the imports of Chinese solar equipment like solar cells has triggered speculations on the overall global trades of clean energy equipment. The Joe Biden led government recently triggered a new controversy by increasing the imports tariffs for solar cells for upto 50 percent and […]

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Global EV Market To Grow By $343 Billion In Next 4 Years: Report

The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […]

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EV Car Sales In India Reached 1Mn With 70% YoY Growth

International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […]

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US EV Purchase Dissipates As Consumer Demand Cools Down: Report

An American data analytics, software, and consumer intelligence company, J.D. Power 2024 US Electric Vehicle Consideration (EVC) Study estimate that consumer demand for electric vehicles (EVs) has cooled as the industry grapples with persistent growing pains.  For the first time since the study’s inception in 2021, new-vehicle buyer consideration has dropped from the previous year. […]

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Logistics Company Roadcast Signs EV Financing Pact With NBFC

Logistics company Roadcast has signed an agreement with Mufin Green Finance a listed Non-Banking Financial Company (NBFC) with a dedicated focus on electric vehicle (EV) financing. According to the media statement, Mufin Green Finance will lease out electric three-wheelers (E3W) equipped with GPS-enabled technology provided by Roadcast. The integration of advanced IoT systems into the […]

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Leapmotor Forms JV With European Auto Firm To Foray Into India

Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […]

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Exicom Launches DC Chargers With Power Outputs Up To 400kW

Exicom, an electric vehicle (EV) charging and critical power solutions provider in India, launched fast DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system. It has high operational efficiency, integrated ambient lighting, and many features […]

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