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PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles

CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […]

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RACEnergy, Hala Mobility Join Hands For Deployment Of Battery Swapping Technology

Hyderabad-based battery swapping technology player RACEnergy has collaborated with multi-modal ride-sharing platform Hala Mobility for the deployment of battery swapping technology for 2,000 electric two-wheelers. The partnership is aimed at facilitating smooth run of electric mobility. The battery swapping technology of RACEnergy will be integrated with electric scooters. These EVs will be employed for delivery […]

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EV Battery Swapping Firm Esmito Ties Up With Zepto To Reduce Charging Downtime 

Esmito, an Electric Vehicle (EV) Battery Swapping Solutions firm, has partnered with popular delivery partner Zepto. Under the partnership, Esmito will help the e-delivery partner fleets to use the services of its battery-swapping solutions for uninterrupted mobility.  The firm said that the partnership would likely pave the way to reduce the downtime of Zepto’s two-wheeler […]

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Beyond Batteries: Hydrogen Combustion Engine, A Viable Alternative for Clean Mobility

Electric vehicles running on battery-powered electricity are not just a future concept anymore. The new electric vehicle sales surpassed the 10 million mark worldwide in 2022 and it seems likely that sooner or later EVs will replace the conventional ICE mobility options. However, bottlenecks impeding EV growth and the technological advancements in using hydrogen as […]

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Gujarat Sees 600 Percent Jump In Electric Vehicle Registrations In One Year

The World Resources India (WRI), an international clean energy think tank, claimed that between 2021 and 2022, Gujarat recorded a steep hike in registration of Electric Vehicles (EVs). WRI-India, in its analysis, said that between 2021 and 2022, the state witnessed a 600 percent rise in EV registration. The state government in 2021 came up […]

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Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report

A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR).  The researchers claimed that the main thrust to the market would be […]

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In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation

Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […]

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EV Charging Hub in Kolkata That Fast-Charges 25 Vehicles At The Same Time

West Bengal Housing Infrastructure Development Corporation (WBHIDCO) has joined hands with Powerbank for the establishment of charging hub for EVs in Kolkata. The firm maintains that this is the largest public fast charging hub for EVs in the eastern part of India. Powerbank is a firm that sets up EV charging networks. The EV hub that […]

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JLand Grp & Gentari Ink MoU for Renewable Energy & Green Mobility

In a move to integrate renewable energy solutions and green mobility, Malaysian property developer JLand Group Sdn. Bhd. (JLG) has entered into a Memorandum of Understanding (MoU) with clean energy solutions provider, Gentari Sdn Bhd (Gentari). The strategic partnership aims to develop an eco-friendly ecosystem across JLG’s residential, commercial, and industrial projects. At the signing […]

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