Amara Raja Starts Work On Lithium-Ion Cells, Sets Up Tech Hub At Tirupati
Amara Raja Batteries, the country’s second-largest automotive battery maker, has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. The advanced lithium-ion technology research hub, the pilot project located at its headquarters…
Matter Bets On Indian EV Market, Targets $1 Billion Turnover By 2025
Bullish on the growth of electric vehicles (EV) market in India, EV and energy storage technology startup, Matter expects to clock a turnover of USD 1 billion (over Rs 7,250 crore) by 2025, according to a top company official. The…
Hyundai Proposes Electric Vehicle Battery Leasing Plan To Lower Cost Of EVs
South Korean automotive giant Hyundai is to create an electric vehicle (EV) battery leasing business with the aim of reducing the initial cost of buying an EV as well as providing services that enable eco-friendly re-use of the batteries beyond…
UK Eyes Second Electric Vehicle Battery Factory
Building on the region’s efforts to stand at the forefront of new technologies, the Coventry City Council in the United Kingdom will reportedly enter a joint venture partnership with Coventry Airport with the aim of building the country’s second battery…
Eaton’s Vehicle Group Launches Electric Vehicle E-Drive Gearing Design, Development, And Manufacturing
Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs). Leveraging its expertise in producing transmissions and contract manufactured gear-sets for passenger and commercial vehicles, the Vehicle Group aims to be a leader…
Vogo Raises $11.5 Mn Series C Funding To Bolster Electric Two-Wheeler Fleet
Bengaluru-based two-wheeler rental startup Vogo has raised $11.5 Mn in its Series C funding round from existing investors, including Lightrock, Kalaari, Matrix Partners and Stellaris Venture Partners. With its latest funding, Vogo will ramp up its electric two-wheeler fleet, streamline…
Government, Hyundai, LG Join Hands To Reuse Dead Batteries
Amid a heightening blame game over the cause of Kona Electric Vehicle fires, South Korean Prime Minister Chung Sye-kyun, Hyundai Motor Group Chairman Chung Euisun and LG Energy Solution President Kim Jong-hyun on Thursday gathered at the automaker’s research and…
India’s First-Ever Lithium Refinery Promises To Strengthen Country’s Electric Vehicle, Battery Push
India’s discovery of local lithium deposits has stirred considerable interest in the new year. For its lithium battery needs, India was relying on imports from China, Hong Kong, and Vietnam over the years. Last year, India’s state-owned Khanij Bidesh India…
India eRickshaw Market 2020-2025
The market for eRickshaws to reach close to a million units by FY25 owing to a revival of public transportation and tourism, demand from tier 1 & 2 cities, growing replacement demand, and an increase in penetration of vehicle financing….
Ford To Build New Electric Car On Volkswagen Framework
Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto industry. Ford will spend $1 billion to revamp its factory…
