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BEL to manufacture battery packs for Triton electric trucks

The Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of Triton, US, as part of an MoU signed between the two companies to explore manufacturing of battery cells in India for Energy Storage Systems and electric vehicles in the Heavy Vehicle segment for the […]

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PMI Electro’s upcoming plant to produce 2500 commercial EVs annually

PMI Electro Mobility Solutions Pvt Ltd – maker of electric buses in India – has said that it will set up company’s new electric commercial vehicle (CV) manufacturing plant in Pune, Maharashtra. The new plant will be PMI’s largest manufacturing facility in India and will be based at MIDC, Chakan. PMI says that the new […]

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Assistant Manager – Sustainability & Climate Change

The Group has identified sustainability and broader elements of ESG as a priority in the next phase of its growth. The Group sustainability function will focus on group level policies, processes and guidelines, education, capacity building, quality and governance of ESG-related issues, identification of Group level ESG ambitions, its linkages to corporate brand and advising […]

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Badve Engineering, Israeli firm to make motors for electric vehicles

Badve Engineering Ltd – manufacturer of automotive components – has announced that the company is forging a strategic commercial alliance with Israeli startup EVR Motors to manufacture Trapezoidal Stator – RFPM electric motors within India for electric vehicles. The electric motor technology belongs to the Israeli firm and the manufacturing will be done collaboratively. Badve […]

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Locally Manufactured Batteries Can Prevent EV Fires

Indian industry is betting on locally manufactured battery cells to control the design and prevent the untoward incidents like recent spate of electric two-wheeler batteries causing vehicle fires. Suzuki, Toshiba and Denso have already announced a lithium-ion battery plant at their joint venture unit in Gujarat. Tata Group is drawing up plans to launch a […]

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GAIL Contract To Build India’s largest PEM based Green Hydrogen Project

GAIL Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser to produce 4.3 MT Hydrogen a day in India. In tandem with the National Hydrogen Mission, the renewable energy-powered project would be installed in Guna, Madhya Pradesh. So designed as to produce around 4.3 Metric Tons of […]

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Solis Races To 2 GW Milestone In India

Solis has achieved a remarkable milestone of 2GW shipments in India. The number is remarkable for the sheer acceleration since 2020, besides the fact that for a large part of its existence here, it was focused completely on the commercial, industrial and rooftop segment, staying away from utility scale sales. A  recent study from a […]

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Ather Closes Series E Fund Raise With $128 Million Round From NIIFL, SOF, Hero Moto

Bengaluru based Ather Energy, a leading electric two-wheeler company in India, has confirmed the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limited’s (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp, a significant shareholder of Ather, and additional investors. Details […]

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Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers

Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […]

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