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IRA Can Lead To Creation of 4L Jobs In US, Says Report

A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […]

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Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL

A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […]

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AMU Leasing Pvt. Ltd

About us AMU Leasing is a next-generation tech-driven NBFC registered as a loan company in New Delhi. It was founded in 1993 and the RBI license was acquired in 2014. Presently, AMU is a leading player in the BFSI industry, known for its commitment to Sustainable Development Financing with anchor services in Electric Vehicle (EV) […]

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Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23

Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […]

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Stalemate Over EV Charging Stations Finally Sees Action in Chandigarh

The three-month long conflict between Chandigarh administration and the municipal corporation (MC) has finally been settled after a committee formed by the MC gave its nod to multiple sites for the establishment of 44 electric vehicle charging stations in 32 parking lots. Now, 177 charging ports across the said EV charging stations will be set […]

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Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries

Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […]

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Battery Waste Management Rules 2023 Laid Down

The Ministry of Environment, Forest & Climate Change has issued Battery Waste Management (Amendment) Rules, 2023 (BWMR 2023). The BWMR 2023 lays down the mandatory waste battery collection, recycling or refurbishment targets for electric vehicles battery of three wheelers, including E-rickshaw, categories L5, L5-M, L5-N, E-cart. Compliance Cycle: 2026-27, 2032-33 For the year 2026-2027, the […]

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Omega Seiki Mobility Partners with Honda Power Pack Energy India for Swappable Batteries

Mobility solutions provider Omega Seiki Mobility Private Limited has joined hands with Honda Power Pack Energy India Private Limited for swappable battery technology. Honda Power Pack Energy is an arm of Honda Motor Co., Ltd. Under the partnership, Honda Power Pack Energy will be responsible for supplying Omega Seiki Mobility with swappable batteries. A network […]

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SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW

Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […]

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