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Omega Seiki To Invest Rs. 100 Crore for EV Manufacturing Unit in UP

A member of the Anglian Omega Group, Omega Seiki Mobility (OSM), has signed a Memorandum of Understanding (MoU) with Youth Rural Entrepreneur Foundation (YREF) to set up an electric vehicle (EV) manufacturing facility in Ghazipur, Uttar Pradesh. The Indian OEM has also announced to invest Rs 100 crore for the EV manufacturing unit in the […]

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India’s EV Sector Attracts Rs. 25,000 Crore Investments Till July 2021

Indian EV sector recorded Investments of approx. Rs. 25,000 crore during the first seven months of this year. The second wave of Covid-19 was highly destructive to almost every sector of the country. However, the electric vehicle (EV) and e-mobility sector says a different story, as it has witnessed numerous financial deals and investments. India’s e-mobility […]

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Andhra Pradesh to Switch Auto-rickshaws into Electric under ‘Go Electric’ Campaign

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has launched a pilot project to convert the holy city, Tirupati into a Zero-emission city. Under the pilot project, NREDCAP will ramp up the electric vehicle (EV) adoption in the city by introducing more EVs and charging infrastructure. The project involves introducing three electric […]

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CESL Signs Agreement with HPCL to Set up EV Charging Infra

Convergence Energy Services limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for setting up of charging infrastructure in select retail outlets in several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up […]

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80% of EV Owners Not Put Off by Charging Hassles, Finds Survey

A recent survey conducted by Climate Trends and YouGov has found that while 80% of end users of electric vehicles do not find charging a hassle, for the remaining 20%, charging and infrastructure as the biggest barriers for adoption. Eye wateringly high fuel costs and better awareness of the pollution caused by them is probably […]

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China’s CATL Reveals the First-generation Sodium-ion Battery

Chinese battery giant, Contemporary Amperex Technology Ltd (CATL) has today revealed the first of its Sodium-ion battery. At a launch event today, the battery maker also announced that it has planned to set up a supply chain for the new technology in 2023. Although the firm has not disclosed the prices of the battery yet, […]

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Lexus India Extends HEV Battery Warranty Upto 8 Years to Escalate Electrification

The Indian subsidiary of the luxury vehicle division of the Japanese automaker Toyota, Lexus India announced yesterday that it has extended the battery warranty period of its hybrid electric vehicles (HEV) from five years to a period of eight years.  Lexus declares that this initiative has been taken to speed up its electrification vision and […]

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ANAND Group and Mando Corporation Form Joint Venture for EV Market

The global producer of automotive products, ANAND Group has formed a new joint venture (JV) with Mando Corporation, a Korean OEM of automobile parts. The new JV company named ANAND Mando eMobility will manufacture and supply Motor and Controller for the emerging two and three-wheeler Electric Vehicle (EV) Market. To capitalize on the emerging opportunity […]

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Premier Energies to Invest ₹1200 Cr for Additional 2 GW Capacity

Telangana-based Premier Energies is planning to expand its annual manufacturing capacity by 2 GW through an investment of around Rs 1,200 crore over the next 2 years. The solar PV cells and module maker’s existing capacity stands at 1 GW. Chiranjeev Saluja, Founder and Managing Director, Premier Energies, has said, “The plan is to be […]

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