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Bounce Infinity partners with Greaves Retail for battery swapping stations

Swappable battery infrastructure provider Bounce Infinity has partnered with Greaves Retail, the retail business division from Greaves Cotton, to provide battery swapping stations for its EV fleet to accelerate the adoption of affordable mobility with battery-as-a-service. The battery swapping service will be for both electric 2-wheelers (Ampere) and 3-wheelers. The company has identified Bengaluru as […]

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LG Energy Solution to set up EV battery JV with Stellantis in Canada

South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […]

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AGL to Build Australia’s Largest Energy Storage Facility

AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […]

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Swedish firm raises €9.6 M for sustainable cathode material for Na+ batteries

Swedish sodium-ion battery company Altris AB has raised €9.6 Million (100 MSEK) in a Series A funding round. The funding secures Altris’ production scale-up of the company’s innovative battery cathode material, Fennac, to 2,000 tonnes, enabling 1 GWh of sustainable batteries and further research and development of sodium-ion batteries to take place, said the firm. […]

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Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects

Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […]

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BPE Launches Nrgx 5000 UPS with Li-ion Battery EXL Series

Noida based Best Power Equipments (BPE) has launched its latest model Nrgx 5000 UPS with Li-ion Battery (ESS – Energy Storage Solution) for both home & small businesses. The company says that the product is a robust UPS that covers all aspects of home, office and small businesses’ power needs. BPE says products will be […]

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Jaguar I-Pace batteries find second life as Energy Storage Systems

Marquee auto major Jaguar Land Rover’s engineering team have worked with Pramac to develop a zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries, taken from prototype and engineering test vehicles. Making better use of second life batteries has been a priority for both auto firms, and researchers, to defer the need to send […]

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Reliance New Energy Ltd acquires assets of Lithium Werks BV

Reliance Industries’ subsidiary Reliance New Energy Ltd on Monday signed definitive agreements to acquire “substantially” all of the assets of Lithium Werks BV for a total transaction value of $61 million, including funding for future growth. The assets include the entire patent portfolio of Lithium Werks – a leading provider of cobalt free and high-performance […]

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Natural Battery Technologies Develops Long Range Batteries

The evolving EV opportunity continues to throw up more and more startups with ambitious plans. The latest is Jaipur based Natural Battery Technologies, a Lithium-Ion Battery manufacturers in India, is actively developing high performance batteries with increased safety parameters. The firm claims that its battery packs are weather proof and made of strong external closures. […]

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