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storage batteries

Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles

LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […]

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Karnataka Fish Vendors to Get Solar-Powered EVs

In an attempt to provide consumers with fresh fish at their doorsteps, and uplift the fishing community, Karnataka’s fisheries department has decided to introduce e-vehicles with cold storage facility and solar panels for the door-to-door delivery of fish, report multiple media outlets. A cold chain is the most important, and decisive aspect of the supply […]

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Pune’s Nexzu Mobility Launches ‘Bazinga’ E-cycles Starting at ₹49,445

Indian EV maker Nexzu Mobility has unveiled its new Bazinga e-cycles for long-range daily commute, aiming to add to its growing portfolio of e-cycles in the country. The Bazinga e-cycle is priced at ₹49,445 and the Bazinga Cargo e-cycle is priced at ₹51,525, said the company. The online production launch ceremony was organized at the […]

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LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact

The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […]

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President/Business Head – Solar Business

We are a fast-growing company focused on the energy storage (lead acid and lithium- ion batteries), electric mobility and solar equipment space. We are looking for senior industry professionals (or existing entrepreneurs) from Power Electronics domain who are willing to take an entrepreneurial route and lead our new business segment focused on manufacturing and sales […]

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PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid

Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […]

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Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs

Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […]

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iCreate Announces Winners of Maiden EV challenge ‘EVangelise’21’

Innovation-based start-up incubator iCreate (International Centre for Technology and Entrepreneurship) has announced the winners of its maiden EV innovation challenge — EVangelise’21 — which saw the participation of 388 start-ups and entrepreneurs from all over the country. Based on the technological excellence & feasibility, market relevance and real-world implementation of their innovation, the following companies won the […]

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IIT-Madras Backs EV’s With New Masters Course On EV’s

The Indian Institute of Technology, Madras, (IIT-Madras) is launching a master’s program on Electric Vehicles (EV) as an inter-disciplinary dual degree (IDDD). The new course is aimed at boosting the students’ engagement with e-mobility and will be offered for its BTech and dual degree students. This program would enhance the research capabilities in this field, […]

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