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Magenta Mobility, Altigreen & Exponent Partner for 15-Minute Rapid Charging EV Fleet

Magenta Mobility, an electric mobility and charging solutions provider, has joined forces with Exponent Energy, an energy-tech startup, and Altigreen Propulsion Labs, an electric commercial vehicle manufacturer. The partnership will see Altigreen’s neEV Tez powered by Exponent, that fully charges in fifteen minutes. This, along with Exponent’s e^pump network will empower Magenta to unlock higher […]

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Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US

Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […]

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eMaaS Platform BillionElectric Forays Into India, Secures $10M in Seed Funding Round

BillionElectric, an E-Mobility as a Service (eMaaS) platform has today announced its foray into the Indian market, securing $10 million in a seed round of equity and asset lease funding. The funds raised will be strategically allocated to two key initiatives, namely, the deployment of electric tarmac buses at the Bengaluru international airport and the […]

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Delhi to Welcome 140 Public Charging Points & 48 Battery Swapping Facilities

In a move that will accelerate the Delhi’s EV (electric vehicle) segment, Delhi Chief Minister Arvind Kejriwal revealed recently that Delhi will welcome 140 new public charging points. 48 battery swapping facilities. These will come across 53 locations in the city. Officials say that the price of charging at all these points will be fixed […]

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Startup Profile-ZEVPoint E-Mobility

ZEVPoint E-Mobility is an Indian start-up into EV charging infrastructure space offering fast and secure charging solutions for home & commercial clients that suits their needs. Its flagship product is the Swift Pro EV charger that comes with features like monitoring usage, password protection, scheduling your charging time and power, and intelligent safety chip for […]

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Ola Electric Sets the Ball Rolling for 100GWh Factory at Tamil Nadu

Ola Electric has kickstarted the establishment of what is set to be India’s biggest Gigafactory. The gigafactory, which is to come up in Krishnagiri, Tamil Nadu, will begin with an initial capacity of 5 GWh and later, expand to 100 GWh in  a phase-wise manner. The firm has set sights on beginning operations by next […]

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Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report

A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report.  The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […]

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Errant EV Players Might Face More Trouble For Flouting FAME-II

The Ministry of Heavy Industries is now mulling stringent actions against alleged errant two-wheeler Electric Vehicle (EV) players in India for falsely claiming subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II. The ministry is the nodal agency for disbursing FAME-II funds to EV players. As per reports, the ministry has planned to […]

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