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“A thriving urban mining ecosystem is essential to reduce reliance on imports”, Saurav Goyal, Metastable Materials

Bengaluru-based battery recycling startup Metastable Materials is pioneering a first-of-its-kind, chemical-free technology and system named ‘Integrated Carbonthermal Reduction’ (ICR) for ‘recycling’ of Li-Ion batteries in a sustainable and eco-friendly manner that can extract a wide range of materials from batteries, with more than 90% recovery rate. We caught up with co-founder and COO Saurav Goyal […]

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Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23

Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […]

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EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023

Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […]

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The Top 5: Challenges to EV Growth in 2023

The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India.  According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […]

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Hero Electric To Source Battery Management Systems From Maxwell Energy

Hero Electric has announced that it has entered into a long-term partnership with the EV solution provider Maxwell Energy for the procurement of advanced battery management systems (BMS). Under the new partnership, Mumbai-based Maxwell Energy will supply for the coming three years its advanced battery management systems to Hero Electric. As per the announcement, Hero […]

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BMW & Solid Power Partnership For Solid-State Battery Technology

Automakers are exploring the possibilities of enhancing battery technology seeking a fit with the growing expectations of the EV industry. Solid-state battery is one such technology that can disrupt the existing power storage market for EVs. As per some forecasts, the Solid-state battery market size will reach $13.15 billion by 2030 from $805 million in […]

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Honda, GS Yuasa Collaborate for Lithium-Ion Battery Development

The evolution and quick adoption of electric mobility largely depends on the development of quality and reliable battery systems. Hence, two Japanese conglomerates – Honda Motor and GS Yuasa International – have signed an agreement for collaboration for a high-capacity, high-output lithium-ion battery. Honda and GS Yuasa will discuss specifics with the goal of establishing […]

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