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Hero Electric Begins Construction Of Second Manufacturing Plant In India To Produce 2 Lakh Vehicles

Country’s leading electric scooter company, Hero Electric has begun to build its second manufacturing plant adjacent to the existing facility in the country in Ludhiana, Punjab. Hero Electric Managing Director Naveen Munjal was quoted as saying, “We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the […]

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The Global Battle for Solid-State Battery Leadership

With the advent of electric vehicles (EVs), lithium-ion batteries demand grew exponentially and is still growing. In fact, the global lithium-ion battery market size may grow from USD 57 billion in 2020 to USD 200 billion by 2027 at an average CAGR of 20 per cent during the same period. The growth of the market […]

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Samsung SDI Pumps In $1.3 Billion For Cylindrical Battery Facility In Malaysia

Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. […]

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TVS Motor Lines Up Fresh Investments Of Rs 1,000 Crore In EV Push

India took one step closer to green energy transition with TVS Motor committing Rs 1,000 crore to electric vehicles, a sizeable part of which will go into capacity expansion and building the EV product portfolio. The automobile major has decided to invest Rs 1,000 crore investment for the second consecutive year, gearing up to double […]

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Enel Completes First ‘Wind Plus Storage’ Project

Enel Green Power North America has announced the completion of its first large-scale hybrid wind project, Azure Sky Wind + Storage, as well as the addition of battery storage facilities at the operating Roadrunner and High Lonesome renewable project sites, helping ensure energy availability for Texans amid high demand periods. “We’re committed to connecting Texans […]

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CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport

State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […]

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ZapBatt, Toshiba Collaborate On Lithium Titanium Oxide Battery Technology For Micro-Mobility

California-based ZapBatt has joined hands with Toshiba (TOSBF). The former will be fusing its AI software technology and battery hardware with Toshiba’s lithium titanium oxide (LTO) battery cells. This will make way for a new battery option for the micro-mobility marketplace. Toshiba has said that this solution will make lithium titanium oxide a faster, smarter, […]

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More Than 13 Lakh EVs Registered In India: Gadkari

More than 13 lakh electric vehicles (EVs) are registered in India excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep, the Minister of Road Transport and Highways of India, Nitin Gadkari, said in a recent written reply to the Rajya Sabha. The minister revealed that 2,877 public EV charging stations have been sanctioned in 68 cities […]

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