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Ioniq 5: Indias First Global Battery Electric Platform from Hyundai

Hyundai Motors India, the second largest auto seller in India, continues to firm up its EV plans for the country. With the release of its future model, the Ioniq 5, which is scheduled to make its world debut at the Auto Expo in January of next year, Hyundai Motor India said that it will bring []

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Vivek Reddy Joins Telanganas BikeWo as Co-Founder & CEO

BikeWo, an electric two-wheeler brand with headquarters in Telangana, recently announced the appointment of Vivek Reddy as Co-Founder & CEO. Vivek has a wealth of experience in the infrastructure, energy, and environmental sectors. He has participated in the negotiation of several strategic agreements for large-scale renewable and non-renewable projects, both domestically in India and abroad []

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A New Nanoscale Electrolyte for Lithium-Sulfur Batteries from American Elements

California based American Elements has announced that its engineers have invented a novel nanoscale electrolyte material for use in cutting-edge Lithium-Sulfur Battery technology. The official statement of American Elements held that the electrolyte is a ceramic compound of lithium, lanthanum, and zirconium oxide nanoparticles that is energy-dense and stable in a wider range of temperatures []

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Former Tesla Policy Director, India Joins E-Scooter Startup Ather Energy

Bengaluru-headquartered electric scootersmanufacturer, Ather Energy recently announced that it has hired the former head of Tesla Inc.s India policy division. Manuj Khurana left his position as Teslas Regional Head of Policy and Business Development in June 2022 and will begin working at Ather Energy the following week as Vice President. In March 2021, Khurana began []

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Italys Enel, Israels Brenmiller Inaugurate Rock-Based Storage System TES in Italy

The largest utility in Italy Enel Group and Israeli firm Brenmiller Energy have set up an innovative, sustainable rock based energy storage system in Tuscany in Italy which is completely sustainable and capable of accelerating the energy transition. The integration of the thermal energy storage (TES) system with the existing power plant enables Enel and []

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Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet

For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter.  Total revenues at Rs 14, 163 crores were  almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus []

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PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022

As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in Indias electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through []

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Chinas NIO Invests $273 Mn To Establish Separate Battery Tech Company

Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by []

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UAE Gets its First Solar-Powered Car

Before being on sale formally next year, the worlds first solar car that is ready for production has landed in the United Arab Emirates (UAE). The Lightyear 0 will run on solar energy, and its creators claim that driving it for months at a time without recharging is possible. The Sharjah Research, Technology, and Innovation []

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