Ideanomics Invests In Italian Electric Motorcycle Company, Energica Motor Company
Ideanomics (“Ideanomics” or the “Company”) is pleased to announce it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands…
Indian Electric Rickshaw Industry Revenue Worth $1,394.2 Million By 2025
Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. This factor is expected to propel the Indian electric rickshaw market…
Mullen Technologies And NexTech Batteries Will Deliver The Most Advanced Lithium-Sulfur Battery Technology Available Today
Mullen Technologies, Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element, Inc. in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the…
Ola’s Bhavish Aggarwal Looks To Disrupt India’s EV Market By Mass Producing Vehicles
Every Friday, Ola’s founder and CEO Bhavish Aggarwal, spends time at a site that is nearly 2 hours away from the hustle and bustle of his office in Koramangala, a thriving hub for startups in Bengaluru. An aim to make…
SK Group To Invest $16.4B To Create Hydrogen Production-Distribution-Consumption Ecosystem By 2025
Korea-based SK Group will invest about 18 trillion won (US$16.4 billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. In the first…
Electric Vehicle Maker Euler Motors Raises ₹300 Million From Existing And New Investors
Euler Motors, a New Delhi-based electric vehicle (EV) manufacturer, has raised ₹300 million (~$4.1 million) as a part of its ongoing Series A round. The funding was led by existing investors Inventus India, Jetty Ventures, and Sujeet Kumar, Co-founder, Udaan….
New White Paper On Solutions For Mass EV Battery Assembly Released
Government legislation across the EU declaring a fundamental shift away from internal combustion towards fully electric vehicle powertrains has presented vehicle manufacturers with complex challenges regarding materials, battery and joining technology. With the need for light weighting a critical factor…
XPeng Launches New LFP-Battery Powered Versions Of EVs
China-based EV maker XPeng expanded its product offering by launching three new vehicle versions powered by lithium iron phosphate (LFP) batteries for the Chinese market. The three new LFP-battery powered cars, including the rear-wheel drive (RWD) P7 Standard Range Smart…
Meghalaya Announces Electric Vehicle Policy With Purchase Subsidy For Early Adopters
The Transport Department of the Government of Meghalaya has issued the ‘Meghalaya Electric vehicle Policy, 2021’, which aims to see electric vehicles (EV) representing 15% of the state’s overall vehicle mix by 2025. The policy will remain in operation for…
The 5,000 Ways Volkswagen Tests EV Batteries For Safety And Durability
Before any part gets put onto a vehicle, an automaker needs to know how long it will last and what role it plays in keeping the vehicle safe. That’s especially true for electric vehicle batteries and battery packs, the heart…
