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ev penetration

Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital

Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […]

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AN3 Techno Power Sets Sights on Expanding to Become 1 GWHr Facility

  AN3 Techno Power Limited ( FUELON Batteries), which is among India’s largest emerging lithium battery manufacturers and solution provider for 2 & 3 wheeler EV mobility, Energy Storage Systems (ESS) and IoT has announced the expansion of its lithium battery pack factory capacity. The expansion spree will take the capacity up from 500 MWh to […]

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CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026

Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […]

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COP26 Commitments Likely to Attract Billions in Investment: ICRA

The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels etc, opines ratings agency ICRA in its recent research report. This is likely to attract investment in billions across sectors, predicts […]

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Canadian Firm Closes $10M Series A to Expand Lithium Refining Capacity

Mangrove Lithium, a Vancouver based company, has closed a USD $10 million Series A investment round led by Breakthrough Energy Ventures (BEV) with participation from existing investor BDC Capital’s Cleantech Practice (BDC). The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western […]

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Tata Motors To Bring 10 New Battery Electric Vehicles by 2025

Tata Motors, India’s multinational automotive manufacturing company has announced multiple plans for shifting its business model towards sustainable mobility. Its annual report for 2020-21, talks about various steps taken and to be taken, towards a sustainable future. The company has announced 10 new BEV (battery electric vehicles) by 2025. Tata’s subsidiary company, Jaguar Land Rover […]

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Wind, Solar Must Grow by 162 & 253 GW for Europe to Meet 2030 Emissions Target: WM

A new report details that for Europe to meet the 2030 emissions target, dramatic changes are needed including increased wind and solar installations A new report by Wood Mackenzie details that while the new 2030 emissions target of Europe of seeing a 55 percent reduction over 1990 levels has made it the undisputed global leader […]

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