Intelligent Power Module Market Revenue To Cross USD 2.5 Bn By 2026
According to a latest report, the market valuation of intelligent power module will cross $2.5 billion by 2026. The growing adoption of intelligent power modules in power converters, electric motor drives for aircraft will fuel the market growth over the…
Farasis And TOGG Signed A Letter Of Intent To Develop Energy Storage Solutions For Turkey And Surrounding Countries
Farasis is partnering with TOGG, a European OEM developing native electric vehicles and e-mobility ecosystem, for the use of Farasis battery cells in the full range of TOGG products. According to the agreement, battery cells will be provided by Farasis…
EV Startup Ultraviolette Automotive Raises Funding
TVS Motor-backed sustainable mobility startup Ultraviolette Automotive has raised an undisclosed amount in a Series B investment round from Kumar Vembu, CEO of GoFrugal Technologies. Earlier, Vembu had invested in the company in its Series A funding and now joins…
More Indian Oil Petrol Pumps To Offer EV Charging Facilities
India’s top oil firm IOC is remodelling business with an increased focus on petrochemicals to hedge volatility in the fuel business, while at the same time turning petrol pumps into energy outlets that offer EV charging points and battery swapping…
iPhone Builder Foxconn Is Making An EV Platform With A Solid-State Battery
Building an electric platform that’s the cornerstone of their EV business has taken GM and VW years. Volkswagen in particular is willing to partner with other automakers to get its modular MEB system under their vehicles and help make sure…
First Indian Law Student Receives US And India Patents For Breakthrough Electric Vehicle Battery Technology That Promotes A Sustainable Environment
In an unprecedented development, an Indian law student has received both the Indian and the US Patent for a technology he invented entitled ‘Method and System for Managing the Usage of a Plurality of Battery Units to Power an Electric…
Exchange Any Petrol Scooter With Gemopai Electric Scooters: CredR To Facilitate Price Quotation
CredR, an omnichannel used two-wheeler marketplace, has collaborated with Gemopai, a maker of electric two-wheelers for the exchange of any petrol-based two-wheelers with a new Gemopai electric scooter. While exchanging the scooter, CredR will offer instant quotes for old petrol…
Ather Eyes India’s Biggest Electric Vehicle Public Charging Infrastructure
Ather Energy, the Bengaluru based electric vehicle startup has earlier revealed plans on launching across 9 new markets in India. The company has already finalised setting up 135 public fast charging stations. It currently operates 37 fast charging stations in…
InoBat Auto: World-First Battery Customization For Electric Vehicles
After one year of design and development, Slovakia-based company InoBat Auto recently unveiled its Gen1 lithium battery, which is reportedly the first electric vehicle (EV) battery created with both artificial intelligence (AI) and high-throughput technology. InoBat developed its electric vehicle…
Workhorse Secures $200 Million Financing From Institutional Lenders
Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (the “NPA”) under which it will sell $200 million aggregate principal amount…
