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Indian E-Rickshaw Market to Expand to $1.39 Billion by 2025: Report

India witnessed an exponential growth of electric rickshaws (e-rickshaw) since they first entered the Indian public transportation network. An E-rickshaw has always been an easy to go and cheaper option for the short-distance daily commute. Their cost effectiveness has also made e-rickshaw the preferred option for an ever larger section of society. Now, according to […]

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AAP to Provide Scrapping Incentive Under Delhi EV Policy, Says Gadkari

The Delhi government is providing scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles, under Delhi Electric Vehicle (EV) Policy 2020, Parliament was informed on Monday. Road Transport, Highways, and MSMEs Minister Nitin Gadkari informed Rajya Sabha in a written reply, that “Under the provision, all leased/hired cars used […]

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University of Birmingham Teams up with ARAI on Transport Research

The University of Birmingham and ARAI have signed an MoU agreeing to identify joint research interests in the transport sector including EVs. The University of Birmingham and The Automotive Research Association of India (ARAI) based in Pune, India, have signed a Memorandum of Understanding (MoU) agreeing to identify joint research interests in the fields of […]

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Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm

RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […]

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EV Manufacturer Euler Motors Raises INR 30 Crore From Its Investors

Delhi-based electric mobility solutions provider, Euler Motors has announced that it has raised Rs 30 crore from its existing and new investors as a part of its ongoing Series A round. The company has raised the investment from existing investors Inventus India, Jetty Ventures, and Sujeet Kumar, Co-founder, Udaan. Additionally, this round of investment has […]

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Avaada to Provide Renewable Energy to Data Centre Operator STT GDC India

STT GDC India has announced a partnership with Avaada Energy to procure 99 MUs/annum of renewable energy under a captive structure. ST Telemedia Global Data Centres (India) – STT GDC India – has announced a partnership with Avaada MHKhamgaon, a subsidiary of Avaada Energy to procure 99 MUs/annum (99 Million kWh) of renewable energy under a […]

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MSMEs can Create 16 GW Rooftop Solar Capacity by 2022: Gadkari

Nitin Gadkari has said that MSMEs can create nearly 16 GW of rooftop solar capacity by 2022, meeting 40 percent of the 40 GW target. Union Minister of Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways Nitin Gadkari has said that micro, small and medium enterprises (MSMEs) can contribute to creating nearly 16 GW […]

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Delhi Government Delists Tata Nexon EV From Subsidy List

An unexpected move by the Delhi government could set off similar moves in other states, or alternatively, show up the government’s move as a hurried one, taken without due consideration. Tata Motors’ popular Nexon EV, which has been having a very good run in recent months, has got a rude shock from the Delhi government […]

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