Month: December 2020

Apple Prepares To Launch Its Own Electric Vehicle

Consumer electronics giant, Apple, is preparing the launch of its own electric vehicle in 2024 with breakthrough self-developed battery technology. The new battery technology would incorporate so-called ‘mono cell’ design in order to free up space in the battery pack,…

ABB, AFC Energy To Develop High Power EV Charging Solution For Grid-Constrained Locations; Fuel Cells

ABB and AFC Energy are partnering to create the next generation of high power sustainable electric vehicle (EV) charging solutions for grid-constrained locations. Utilizing ABB’s energy storage solution and DC EV fast chargers along with AFC Energy’s zero-emission, high-efficiency hydrogen…

Toyota Launches C+Pod Ultra-Compact Battery Electric Vehicle In Japan

Toyota Motor Corporation announced a limited launch of the C+pod ultra-compact battery electric vehicle (BEV) to corporate users, local governments and other organizations that have been exploring new options to drive the popularization of BEVs. Toyota plans to further promote…

Hero Electric Targets 10-15% Growth In 20-21, Scouts For PE Investors

Hero Electric, country’s largest electric two-wheeler company, is planning to close the fiscal with 10-15 per cent growth despite the pandemic. The company is looking to increase its capacity by over 200 per cent and is also looking for investors….

BattRE, Europ Assistance Launch Roadside Assistance Service For EVs Across India

BattRE and Europ Assistance have announced the launch of nationwide road assistance for the entire range of BattRE electric vehicles. Europ Assistance, an insurance company, will make nationwide roadside assistance available to new owners of BattRE electric vehicles. This facility…

BYD’s EV Battery Recycling Goes Global With Itochu

Chinese electric vehicle maker BYD will transform old EV batteries into power storage for renewable energy and factories across the globe in a new partnership with a Chinese startup and Japanese trading house Itochu. The ship-container-sized power units will begin…

Battery Recycling Market Global Forecast To 2025

The battery recycling market is estimated to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. Reasons for growth of the battery recycling market include rising concerns…

GM Walks Away From Stake In Electric Vehicle Maker Nik Ola

General Motors will not be taking a stake in the electric vehicle company Nikola which announced that it would scuttle one of its marquee vehicles, an electric and hydrogen-powered pickup. Shares of Nikola plunged 26%. Nikola released updated terms between…

Joint Initiative With Industries To Promote Electric Vehicles In Delhi

The Delhi government is planning to create a joint awareness programme with the government departments and industries to promote electric vehicles (EVs) in the city. The first meeting of the ‘Delhi Electric Vehicle Forum’ was held on Friday with more…

Uber Proclaims Launch 3,000 Electrical Two-Wheeler, Three-Wheelers, And Cabs In 2021

Uber recently introduced its plans to change majorly to completely zero-emission platform by 2040 globally and in India, it has dedicated scaling as much as 3,000 electrical autos throughout two-wheelers, three-wheelers and cabs by the top of 2021. Officers from…