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UK firm Granted £912,000 to use Gravity to Store Energy at Brownfield site

The UK government’s Department for Business, Energy & Industrial Strategy (BEIS) has granted around £912,000 in funding to London-based Gravitricity, whose patented technology uses gravity to store energy, to enable the company to set up an energy storage project in Northern England. The ‘GraviSTORE’ project is one of the five successful projects chosen under the Longer Duration Energy Storage Demonstration Programme, Stream […]

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Ola Electric Plans 50 Gwh India Battery Plant in EV Push

Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh) as part of its broader electrification push, according to recent media reports. Ola will need 40Gwh of battery capacity to meet its annual target to produce 10 million electric scooters and […]

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NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future

The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […]

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Explained: EV Subsidies, Incentives Offered by Center and States in India

Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […]

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Top 5 Ways to Increase Range of EVs

There are various ways in which the range of an Electric car may be enhanced. Although some of the latest electric models go over 300 km in a single full charge, so-called range anxiety remains a common malady among EV owners. That’s totally understandable though. Nobody would like to be stranded on the roadside with […]

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LG Electronics to Exit Global Solar Panel Business

LG Electronics Inc. is exiting the global solar panel business. The decision, approved Feb. 22 by the LG board of directors in South Korea, follows a comprehensive review of the impact of increasing material and logistics costs, as well as severe supply constraints, on the solar business, the company has said in a statement. Although […]

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e6 – India’s First EV Model to Adopt BYD Blade battery Technology

BYD India announced that its eMPV e6 is powered by BYD’s Blade Battery. It is a subsidiary of the Warren Buffett-backed Chinese EV maker BYD. The eMPV e6 was launched recently for the B2B segment. The e6 was launched in India in November 2021. It is equipped with both fast and slow charging functions which […]

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The New Battery Technologies and Opportunities

By Kunwer Sachdev With the immediate and critical need to move to alternative sources of energy worldwide, battery technology is being explored massively. As an alternative, it can support the de-carbonization of the transportation sector. It can evolve from the current lithium-ion battery to the succeeding generation to all-solid-state batteries. It will bring an improved […]

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Bharat Petroleum Unveils EV Fast-charging Corridor

India’s leading oil marketing company Bharat Petroleum Corporation Ltd. (BPCL) has launched an electric-vehicle fast-charging corridor along the Chennai-Trichy-Madurai highway, deploying charging infrastructure at ten of its petrol pumps. The company has set up new charging stations along the 900-kilometre route. These stations have been deployed on both sides of the highway in order to […]

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