Month: February 2021

Sterling And Wilson Enters Into JV With Enel X To Offer Electric Charging Infra

Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji group company, has entered into a joint venture with Enel X to foray into the electric mobility segment in India. The 50:50 joint venture will enable the two companies to offer…

Germany Kicks In Another €100M For Wallbox Subsidies; €400M Total Now

Germany is putting another €100 million into a subsidy program for private wallbox chargers, bringing the program total to €400M. Under the program, the purchase and installation of wallboxes are supported with a grant of €900. Federal Minister of Transport…

Karnataka Invites Bids For 50 Electric Buses Under FAME II Program

The North Western Karnataka Road Transport Corporation (NWKRTC) has floated a tender for 50 electric buses under the gross cost contract (GCC) model under the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles-II (FAME II) program. Bidders are expected…

Omega Seiki To Set Up Electric Vehicle Production Plant In Bangladesh

Omega Seiki Pvt Ltd, the Electric vehicles manufacturing company of Anglian Omega Group is setting up an Electric vehicle manufacturing facility near Dhaka in Bangladesh, with an investment of ₹100 crores. This will be the first project of any Indian…

Schaeffler India Develops Indigenous Two-Speed EV Gearbox

German Tier 1 auto component major Schaeffler is making advances in the area of electric mobility. The Group has several components including e-motors, silent-drive bearings as well as transmissions that it is already supplying on high-end sports cars such as…

WiTricity Extends Recent Funding For A Total Of $52M

Wireless power transfer leader WiTricity announced an additional $18 million to its previously announced October fund raise of $34 million for a total of $52 million. The extension included investments from Tony Fadell’s Future Shape and other private investors. Fadell…

Walmart’s Flipkart To Deploy Over 25,000 Electric Vehicles In India By 2030

India’s Flipkart said it will deploy more than 25,000 electric vehicles in its supply chain by 2030 as the Walmart-owned e-commerce giant looks to achieve a 100% transition to electric mobility in the next 10 years. The Bangalore-headquartered firm said…

SVOLT Plans Two New Battery Factories In China

The battery cell manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, is expanding its production capacities in China. New factories are planned in Huzhou in China’s Zhejiang province and in Suining in Sichuan province, each with annual capacities…

SK Group Presents Long-Term Hydrogen Roadmap

The South Korean SK Group, which recently acquired almost ten per cent of the shares in the US fuel cell specialist Plug Power, presented a long-term, multi-billion-dollar plan to enter the hydrogen economy even more comprehensively. In early January, Plug…

Amazon India And Mahindra Electric Announce Electric Vehicle Partnership

Amazon India and Mahindra Electric have entered a partnership for the deployment of electric three-wheelers for last-mile delivery. Amazon has purchased at least a hundred Treo Zor cargo vehicles from Mahindra Electric and is set to acquire several more for…