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Exide Energy To Set Up Li-Ion Battery Manufacturing In Bengaluru

Exide Industries has announced that the company will establish a lithium-ion battery cell manufacturing facility of gigawatt scale in Bengaluru, Karnataka. Exide is the largest lead-acid battery manufacturer in India and the revelations have been made in a regulatory filing by the company. Exide has joined hands in partnership with SVOLT Energy Technology Co Ltd […]

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BYD Overtakes Tesla on EV Leaderboard To Become World’s Biggest EV Producer

China’s BYD has seized Tesla’s crown as the world’s biggest EV producer. This comes as a consequence of the number of sales reflected in the first six months of 2022, as per July 5 filing by the company. The Shenzhen-based carmaker sold about 641,000 new energy vehicles (NEVs), including electric vehicles and hybrids, in the […]

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Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe

Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […]

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Magenta ChargeGrid Launches Its First DC charger with Fast Charging Capacity

Navi Mumbai-based EV Charging company, Magenta ChargeGrid inaugurated its first EV charger in the state of Kerala through its partnership with Crescendo in the Malabar region of Kerala. Crescendo has partnered with Magenta to offer EV Charging to its customers in Kozhikode and for all EV owners who are traveling through Kozhikode. Magenta ChargeGrid team […]

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Vitesco Technologies gets €2 billion order from Hyundai to deliver EMR4 axle drive

Further expanding its axle drive business, Hamburg, Germany based Vitesco Technologies has announced that the company has secured a €2 billion contract to supply its new generation axle drive EMR4 (Electronics Motor Reducer) to Hyundai Motor Group. In March, Vitesco Technologies had announced about the very order in its annual press conference but the name […]

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CII Pitches for Free Access For Green EV Charging

Key Industry body Confederation of Indian Industry (CII) has  pitched to make Open Access almost free where EV charging stations are powered by green energy, namely solar or wind energy. The idea is already being tried out in many places worldwide. “The Confederation of Indian Industry (CII) has called for an early policy notification for […]

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In a first, Gujarat village to be fully solarised by a foundation

Goldi Solar, a solar panel manufacturer and EPC services provider, in partnership with Shree Ramkrishna Knowledge Foundation (SRKKF), on Monday laid the foundation stone for the solarization of the village of Dudhala in Southern Gujarat. A 450 KW solar rooftop project will be used to power around 350 houses and public areas such as anganwadis […]

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SES completes merger with ‘Ivanhoe’ to complete SPAC listing at NYSE

Liquid metal battery firm SES AI Corporation or ‘SES’ has declared that it has closed the business combination of SES Holdings and Ivanhoe Capital Acquisition Corp or ‘Ivanhoe’, a Special Purpose Acquisition Vehicle(SPAC). The quest for this acquisition was announced previously and now it stands complete. With this, SES is listed on the New York […]

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Amara Raja To Invest €10 million In EV Battery Specialist Inobat Auto

India’s second largest battery maker, Amara Raja Batteries is investing €10 million in InoBat Auto, a Norway based firm focused on research and development in the field of batteries for electric vehicles and production of lithium-ion battery cells as well as tailored and customs cells. The investment will be in the form of a subscription […]

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