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energy storage

Reflections on World EV Day

September 9, or World EV day, went by with a flurry of activities to commemorate the same. This writer too spent time moderating panelists at an event to commemorate progress, followed up by ‘fireside chat’ with an Electric Bus specialist for India. What came out really strongly was the overall optimism across the EV space, […]

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Irish Sovereign Fund to Invest €1bn in Climate Projects Over 5 Years

The Ireland Strategic Investment Fund (ISIF), managed by the National Treasury Management Agency (NTMA), has set out plans to invest €1bn in climate action projects over the next 5 years. The country’s sovereign fund will support green projects comprising renewables and battery storage till 2026. ISIF made the announcement alongside the publication of its half-year […]

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Software-driven transformation to be Key for OEM’s in Auto Sector: Study

Software-driven transformation is expected to help leading original equipment manufacturers (OEMs) in the automotive industry gain 9% higher market share over their peers by differentiating themselves with unique software-based features and services, according to a new report from the Capgemini Research Institute. Headquartered in Paris, Capgemini is a French multinational information technology services and consulting […]

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Eaton, NREL, Ballard to Develop Heavy-Duty Truck Fuel Cell Technology

Dublin-based power management company Eaton’s Vehicle Group has partnered with fuel system manufacturer Ballard Fuel Cell Systems, and the Department of Energy’s National Renewable Energy Laboratory (NREL), to develop heavy-duty truck fuel cell technology. The partnership is the result of a grant Eaton’s Vehicle Group received from the U.S. Department of Energy to develop highly […]

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4000 MW Solar Power Park to be Set Up in Tamil Nadu

Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) will set up a 4,000 MW solar power park to meet the growing energy demand, Electricity Minister V. Senthilbalaji told the Assembly this week. Making the announcement while moving the demands for grants for his department, he said Tangedco plans to set up solar power parks with […]

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Toyota Plans $13.5 B Investment in EV Battery Tech by Decade End

Japanese auto major Toyota Motor is planning to spend over $13.5 billion by 2030 to develop batteries and its battery supply system, aiming to head technological developments over the next decade, revealed an online briefing on batteries and carbon neutrality. The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, […]

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Ultraviolette to Open New Manufacturing Facility in Bangalore

Mobility solutions provider Ultraviolette is setting-up its manufacturing and assembling facility near Electronics City, Bangalore. The production of its high performance electric motorcycle, the F77, will begin in Q1 2022 and the first batch of motorcycles will be rolled out in the market in March 2022, said the firm. Spread over 70,000 square feet and […]

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Ola Electric S1 Scooters Sale Begins Today, Starting at Rs 99,999

Bangalore-based Ola Electric Mobility is opening the purchase of its electric Ola S1 scooters from today, i.e. September 8, in two variants — S1 and S1 Pro — at Rs 99,999 and Rs 1,29,999, respectively. The two-wheeler manufacturer launched the two new scooters (ex-showroom including FAME II subsidy and excluding state subsidies) last month. Deliveries will […]

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