Feds Announce $355M for 4 Electric Vehicle Battery Projects in Michigan
The U.S. Department of Energy (DOE) announced Friday it’s granting $355 million in federal funding to a series of manufacturing projects in Michigan, all aimed at bolstering production for electric vehicle (EV) batteries and battery components.In a press release, the…
India’s Tata, MG offer Free Charging, Battery Rentals to Lure EV buyers
India’s top electric vehicle maker, Tata Motors, is luring consumers with free charging and steep discounts, while rival MG Motor has launched its first battery rental plan, in strategies aimed at propping up sales of the clean cars. Use of…
MIL-OSI China: Nation’s EV, Battery Strides Boosting Global Transition
China’s strides in developing its electric vehicle and power battery industries are making significant contributions to global sustainable development and the fight against climate change, officials and business leaders said on Sunday. Wan Gang, president of the China Association for…
Bharatcell Launched by SONALAC Paints and Coatings Limited
SONALAC Paints, a veteran homegrown conglomerate with a turnover of INR 600 crore, has ventured into the electric vehicle (EV) and battery energy storage system (BESS) domain. The company has launched its lithium battery brand, “BHARATCELL,” under its new flagship…
Daewoo India Launches Two-wheeler Battery With Korean Technology
Daewoo India, a Korean brand with a presence in 110 countries, has launched Super Power AGM VRLA Silver+ battery with ‘Korean Technology’ for two-wheelers. Fit for motorcycles and scooters across India, the battery combines maintenance-free technology with high power output,…
Ola Electric To Invest $100 Million For Lithium-Ion Battery Manufacturing Gigafactory Amid IPO Buzz
IPO-bound Ola Electric plans to invest $100 million (approximately Rs 834 crore) in the initial phase of constructing its gigafactory for lithium-ion battery cell production as per founder Bhavish Aggarwal. He mentioned that Ola’s electric scooters will feature these locally-produced…
Indian EV Startup iVOOMi Launches Electric Scooter With Graphene Battery
An India-based EV startup called iVOOMi has launched the S1 Lite, an electric scooter available with two battery options, Graphene and Li-ion. The graphene unit offers a range of up to 75 km and takes 7-8 hours to charge fully,…
Mahindra To Start Manufacturing EV Batteries In India
Mahindra Group is considering local manufacturing of electric vehicle (EV) batteries in India. The homegrown automobile giant is exploring partnerships with global players to achieve this goal, according to MD and CEO Anish Shah. According to PTI, Shah highlighted the…
Chinese Company to Build Morocco’s First $1.3 Billion EV Battery Gigafactory
The Moroccan government made this development known on Thursday. Gotion High Tech is the latest company to invest in EV battery manufacturing in Morocco, as the country aims to adapt its growing automotive sector to the rising demand for electric…
Govt Considers Offering Incentives for Lithium Processing
India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New Delhi tries to develop its nascent lithium mining and boost supplies of the EV battery metal, three government sources said. It would offer…
