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Ola Electric to Have 4,000 EV Charging Points in 2022, says CEO

As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across Indian cities next year, the company recently informed its customers. In a tweet, Bhavish Aggarwal, Founder and CEO, Ola, said that Hypercharger roll out has begun across cities. “At key BPCL pumps as well […]

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New Report Offers Insight on Lowering Commercial EV Battery Costs

A steady stream of headlines illustrates significant progress in commercial vehicle markets. New technologies come to market regularly, and tens of millions of incentive voucher dollars are fully reserved in minutes. However, the zero-emission electric commercial vehicle market has a challenge at its core – battery costs and sourcing and supply conditions. Clean transportation solutions […]

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Tata Motors Forms New EV Subsidiary: Tata Motors Electric Mobility Ltd

Auto major Tata Motors on Wednesday informed that the company has incorporated a wholly owned subsidiary, Tata Passenger Electric Mobility Limited, which will be involved in manufacturing of electric motor vehicles. The Ministry of Corporate Affairs has issued the certificate of incorporation for the same on December 21, 2021. The subsidiary has been incorporated to […]

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Exide Industries Announces Lithium Cell Manufacturing Plans

India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […]

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Canadian Wireless EV Charging Startup eleapPower Raises $21 Million In Funding

Toronto-based eLeapPower, a technology innovator in the electric vehicles space – inside and outside – with its Smart Inverter System, has confirmed that it raised $21 million CAD in Series A funding. The round was led by a consortium of pension funds and BDC Capital’s Cleantech Practice. eLeapPower’s initial contract is with a global automotive manufacturer headquartered […]

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OEMs Need To Focus More On Better Financing Options For EVs.

Etrio, an EV player, aims to be an affordable and accessible electric form of mobility for everyone. With over 30+ partnerships with leading e-commerce and logistics players the EV company is hoping to play a key role in the burgeoning EV segment in India by bringing a wide range of quality electric vehicles. Deepak MV, […]

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AGEL Signs 4667 MW PPA, Manufacturing Linked Project Moves Into High Gear

Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. The firm claims this is the world’s largest ever green power purchase agreement. It also marks decisive movement on the 8000 MW […]

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India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030

There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […]

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EV Firm Matter to Invest ₹1,500 Cr in E-mobility & Storage in Gujarat

On the back of a growing demand and a potential ramp up in its operations, Ahmedabad-based electric mobility and energy storage solutions start-up Matter is planning to roll out its first electric two-wheeler in first half of 2022, according to media reports. As part of its production and roll-out plans, the company has signed a […]

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