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bp to Invest $1 Billion in EV Charging Across US by 2030

Global energy conglomerate British Petroleum or bp has announced its fresh plans to invest $1 billion into electric vehicle (EV) charge points across the United States. bp said that it will bring fast charging infrastructure to Hertz locations in major cities of the US by 2030. bp said that these cities will include Atlanta, Austin, […]

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Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023

Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […]

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Hyundai to Install 10 Ultra Fast EV Charging Stations on Key Highways

Ace automaker Hyundai has said that the company plans to install 10 ultra-fast charging stations for electric mobility in the country to enable seamless movement and greater adoption of electric vehicles. In a key development, Hyundai and ChargeZone – Hyundai’s partner – have mounted two DC ultra-fast EV charging stations on two different highways of […]

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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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Rajasthan to Welcome 1 GW Renewable Energy Projects from BPCL

PSU refiner Bharat Petroleum Corporation Ltd (BPCL) will be establishing renewable projects worth 1 GW of capacity in the state of Rajasthan. Towards this goal, an MoU has been signed between the Government of Rajasthan and BPCL. Details with respect to the timeline and investment have not been shared. The firm has set out on […]

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Servotech Rings in 84% Increase in Profits in Q3 for FY22-23

Manufacturer of solar, power-backup, electric Vehicle (EV) chargers, and other smart power solutions, Servotech Power Systems Ltd. (NSE: SERVOTECH), has revealed its quarterly financial results for the quarter ended December 31, 2022. The results were shared at its Board of Directors meeting on January 21, 2023. Servotech Power Systems Ltd. has rung in a quarterly […]

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Sterling Generators Eyes Strong Growth, Unveils New Identity

Mumbai-based Sterling generators, a strong player especially in the large capacity segment, is expecting a strong growth path on the back of changing markets and its strong partnerships. Announcing its plans at a media interaction, the firm’s Chairman, Khurshed Daruvala, and CEO, Sanjay Jadhav, stressed on the company’s strong project management competencies and quality global […]

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The Top 5: Upcoming Electric Cars In India In 2023

India’s electric car market is likely to see more EVs this year than anytime before. With growth in EV battery technology and strong national commitments for 2030 and net zero by 2070, EV market is further set to share a considerable chunk of electric vehicle market of India. Amidst this continuation of EV surge, we […]

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Exicom to Supply 5L Battery Management Systems to Hero Electric

An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […]

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