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Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus

It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […]

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CRISIL Backs 3-Wheelers, Two Wheelers to Lead EV Charge

By 2024, as much as 43-48 percent of new 3-wheelers and 12-17 percent of new 2-wheelers sold in India will be electric vehicles, a study by CRISIL has shown A view that we have repeatedly pointed out as an unfolding reality has been confirmed by CRISIL too. The leading research firm  has predicted that by […]

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NA, Western Europe & APAC Accounted for 74% of DESS Industry

A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global DESS industry A new report from Navigant Research provides an update on the market drivers, challenges, key trends, and growth projections for the global distributed energy storage system (DESS) industry, including battery energy storage systems, thermal energy […]

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Hero Electric Ropes in Piyush Prasad As National Business Head

Hero Electric, a market leader in the Indian electric two-wheeler industry, said that it has appointed Piyush Prasad as its national business head. In his new role, Prasad will be responsible for leading business across tier-I, II, III and below markets as the brand aims to further spread awareness for electric vehicles (EVs) in the region. Moreover, […]

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Global Electric Vehicle Sales to Surge in 2020s: Wood Mackenzie

The electric vehicle sector requires external support to become competitive and while its market share is small, WoodMac expects a decade of growth Despite the electrification movement growing in popularity, Electric Vehicles (EVs) accounted for 3 percent of all vehicle sales and represented only 0.5 percent of all vehicles on the road in 2019. The […]

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Hero Electric Launches Electric Motorcycle ‘AE-47’ at Auto Expo 2020

Hero Electric entered into two new segments with an electric motorcycle and e-scooters in the high-speed and low-speed segments at the Auto Expo 2020 We are happy to announce the unveiling of three new #HeroElectric products at #AutoExpo2020. Swipe through to check out our stunning electric bike, our exciting electric trike and our sleek electric […]

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Kochi Metro Issues EOI for Electric Vehicle Supply Equipment

The Kochi Water Metro Project under the Kochi Metro has issued an EOI for the commissioning of electric vehicle supply equipment at Kochi, Kerala. The Kochi Water Metro Project under the Kochi Metro Rail Ltd (KMRL) has issued an Expression of Interest (EOI) for the commissioning of electric vehicle supply equipment (EVSE) including related Electrical […]

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Toyota, Panasonic Form JV Specialising in Prismatic Batteries

Toyota and Panasonic have decided to establish a JV specialising in automotive prismatic batteries with Toyota holding a majority 51 percent stake. Toyota Motor Corporation and the Panasonic Corporation have announced that they have decided to establish Prime Planet Energy & Solutions, a 51:49 joint venture (JV) specialising in automotive prismatic batteries. Toyota owns a […]

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Ørsted Planning to Become Carbon Neutral by 2025

Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […]

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