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electric vehicles

Volvo Signs Up 1 GW Offshore Wind Project to Power Ops in Sweden

Sweden-based renewable energy developer Eolus Vind AB has entered into an agreement with Volvo Car AB, under which, Eolus will supply energy to the carmaker from its 1 GW Vastvind offshore wind project. The plant, located off the coast of Gothenburg, will power Volvo’s Torslanda factory in western Sweden. The said project includes a battery […]

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RMI Predicts Increase In EV Car Sales By 10% In Six Years

The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled “X Car Charge: The […]

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Home Energy Consumption In India to Triple By 2050, Says EIA Report

The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by  capacity additions, overtaking China and the US, […]

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New IRA Provision To Increase Access To Clean Vehicle Credits In US

The US Treasury Department and the Internal Revenue Service (IRS) released guidance that will lower costs for consumers and help car dealers grow their businesses. They will do so by increased access to Inflation Reduction Act (IRA) credits at the point of sales for new and previously owned clean vehicles, a report says.  The IRA […]

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1000 EV Charging Stations in the Works from Servotech & EMCOR

Servotech Power Systems Ltd., a manufacturer of EV chargers in India, and EMCOR Power Solutions, a firm that provides EV charging CPO solutions and advanced battery, have joined hands by way of an MoU. Under the terms of the agreement, EMCOR Power Solutions will provide Servotech Power Systems with 1000 CPO (Charge Point Operator) sites […]

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Megawatt Charging For Large EVs Could Keep Out Hydrogen

The EV transition has picked pace, an area where Hydrogen has been considered viable in the transportation sector is the heavy vehicles space. At issue here is the charging time for the large battery packs heavy transportation vehicles would necessarily have, and the long distances and tight timelines they have to cover. A new report […]

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Snap-E Cabs Expands Fleet to 600 Cars with New Collaborations 

Snap-E Cabs, an on-demand, app-based fleet of 100% Electric Vehicles (EV), has announced collaborations with Mufin Green Finance, Mahindra & Mahindra Finance, ICICI and HDFC finance to strengthen its fleet of eco-friendly cabs in Kolkata. These strategic alliances are in line with Snap-E Cabs expansion plans for FY ’24, aiming at entry into newer markets […]

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Bridgestone India & Tata Power to Install EV Chargers Across India

Automotive products firm Bridgestone India and Tata Power have come together to install EV chargers for four wheelers at Bridgestone dealerships on a pan India basis. These chargers will be operational on a 24×7 basis. Tata Power will be responsible for installing DC fast chargers of capacity 25/30 Kwh that are capable of charging a […]

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Reliance Announces Battery Plans With Launch of Swappable Batteries

The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […]

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