SUBSCRIBE NEWS LETTER

ev penetration

India’s EV Sector: OEMs Lead 70% of Deals In 2023, Says Report

According to a report by Bain and Company and Indian Venture and Alternate Capital Association, EV penetration in private equity and venture capital (PE-VC) is projected to rise from 6% in 2023 to 40% by 2030.  The report highlighted that 2023 followed the trend observed in the second half of 2022, with a reduction in […]

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Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme

Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […]

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In 2023 China EV Witnessed 35% Rise YoY: Rystad

Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […]

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ResponsAbility Invests USD 25mn In BluSmart EV Network

As part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia, responsAbility will invest up to USD 25 million on behalf of its investors in Indian EV ride-hailing service provider-BluSmart, the firm announced. “This investment will help BluSmart expand its EV charging infrastructure across India and is […]

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Harvard Develops Fast Charging Batteries Lasting 6,000 Cycles

Researchers from Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a new lithium metal battery with improved charging speed. This battery can be charged and discharged at least 6,000 times — more than any other pouch battery cell — and can be recharged within minutes. The research, published in Nature Materials, not only describes a […]

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Germany’s EV Adoption Increases By 11% In 2023: FMTA Report

A recent report by the Federal Motor Transport Authority (FMTA), a government agency in Germany released new data on the electric vehicles registered in December 2023. The latest report talks about the increased penetration of electric vehicles in the European country.  The report said, “2,41,883 passenger cars were newly registered in the last month of […]

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Suzlon Adds Another 225 MW Order For Their 3 MW Series From Everrenew

Suzlon Group, has announced a new order on January 5  for the development of a 225 MW wind power project for Everrenew Energy Private Limited. Suzlon will install 75 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each at the client’s sites at Vengaimandalam, Trichy […]

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LOHUM Partners with UAE Govt for Kingdom’s First EV Battery Recycling Plant

LOHUM Cleantech, a producer of sustainable energy transition materials, has announced expansion into the UAE market to build the UAE’s first EV battery recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation firm. The partnership comes in light of UAE’s COP28 agenda […]

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Manager Sales – EV Charging

Achieve sales target for the EV Charger Products. Target annual Sales revenue of INR 10 Cr for FY24 and growth beyond Map & target new customers /projects/expansions for the assigned product group. Effectively pursue, make proposals and close sales in close coordination with Business Development Team. Actively promote EV Charger products in the OEMs / […]

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