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IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra

Renewable energy projects finance company and government owned Indian Renewable Energy Development Agency Limited (IREDA) has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a []

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TVS Launches iQube e-scooter in three variants

Indian two wheeler major TVS Motor has announced the launch of its TVS iQube electric scooter in three variants. TVS Motor claims that the products come with best-in-class on-road range of 140 km on a single charge. The e-scooters will offer a host of features such as 7 inch TFT touchscreen, clean UI, infinity theme []

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Mobile Fuel Delivery Startup Repos Energy Gets Funding From Ratan Tata

National startup award winner Repos Energy has raised a pre-series round of funding from Ratan Tata. A report quoted Ratan Tata as saying, Repos is a well-conceived project with good execution. I wish them all the success. A few months ago, Repos Energy had forged a tie up with Mahindras Truck and Bus Division (MTB) []

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BEL to manufacture battery packs for Triton electric trucks

The Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of Triton, US, as part of an MoU signed between the two companies to explore manufacturing of battery cells in India for Energy Storage Systems and electric vehicles in the Heavy Vehicle segment for the []

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Battery Swapping For Electric Vehicles And Ways To Lead The Change

By Dr. Irfan Khan Electric vehicles are becoming more visible with the increasing use cases in the commercial vehicle space. Many manufacturers and solution providers are working on measures to make EVs more affordable, easy to charge and economical to operate. One such technology that gives all these benefits to fleet operators is battery swapping. []

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Ather Closes Series E Fund Raise With $128 Million Round From NIIFL, SOF, Hero Moto

Bengaluru based Ather Energy, a leading electric two-wheeler company in India, has confirmed the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limiteds (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp, a significant shareholder of Ather, and additional investors. Details []

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Lithium Price Surge Leaves Car Makers Comparing LFP with NCM batteries

Steep rises in battery raw materials prices since the start of 2021 have favoured a faster shift to LFP batteries for electric vehicles, over NMC batteries. Cobalt and Lithium for example have become dearer by 70% and 700% respectively. The lowest-cost pack has always been lithium-iron-phosphate, or LFP, the preferred choice of Tesla, Volkswagon and []

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Second-hand electric cars sale double in UK

According to the fresh data released by the Society of Motor Manufacturers and Traders (SMMT), the sale of second-hand electric cars have increased in the United Kingdom to almost 14,600 in the first quarter of 2022 from a mere 6,600 in the first quarter of 2021. This marks an abrupt increase of 120% considering the []

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Promise To Reality- 5 Battery Breakthroughs That Could Make It To Market Soon

Innovation is inevitable. As any technology evolves, so do the expectations with it. Similarly, the battery technology has also been evolving, throughout history, in the desire to make it more efficient, powerful, dependable, sustainable, and whatnot. The lithium-ion batteries-saga itself is as old as 1970s, and is still improvising. However, a big complaint from industry []

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