EV Battery Giant Launches IPO Worth Up To $10.8 Billion
LG Energy Solution Ltd., one of the world’s largest makers of batteries for electric vehicles, started taking investor orders for a share sale that could raise as much as $10.8 billion. The offering is on course to be comfortably the…
IIT-M To Launch An EV Master’s Program
The Indian Institute of Technology, Madras (IIT-M), on Monday announced it would launch a Master’s Program on Electric Vehicles (EV) and that it would be an inter-disciplinary dual degree (IDDD). It would boost the students’ engagement with e-Mobility and be…
Sodium-Ion Battery Provider Faradion To Be Acquired By Reliance Industries
Reliance Industries said its solar unit will buy UK-based sodium-ion battery technology provider Faradion for GBP100 million (US$135 million) including debt, as the Indian conglomerate pushes forward with its ambitious plan to move into the renewable energy industry. India headquartered…
Charzer Collaborates With ADDA To Install EV Charging Infrastructure In Apartment Communities
Bengaluru-based EV charging infrastructure startup, Charzer has partnered with ADDA, a comprehensive society management system, to build EV charging infrastructure in apartment complexes and gated communities. By getting empanelled on ADDA Discover for Association Platform, in the first phase, Charzer…
Wallbox Unveils The Quasar 2 Next-Generation Bidirectional Home Charger At CES 2022
Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, introduced Quasar 2, the latest generation of its bidirectional home chargers designed specifically for the North American market. As well as enabling EV owners to charge…
China Yuchai Has Launched The Country’s First Commercial Hydrogen Engine
China Yuchai International, a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), announced that the company’s YCK05 hydrogen-powered engine achieved stable ignition and operation…
Wardwizard Innovation Leaps Following A Robust Electric 2-Wheeler Sales In December
Wardwizard Innovations & Mobility rose 5.98% to Rs 88.60 after the company said its total electric two-wheeler sales soared 548% to 3,860 units in December 2021 as against 595 units in December 2020. WardWizard Innovations & Mobility manufactures electric two-wheelers…
One Moto India Plans To Invest Rs 250 Crore In Telangana To Establish A Manufacturing Unit
The first-ever British brand of premium EVs in India, One Moto has entered into an MoU with the Telangana government to set up its manufacturing unit in the state. The new facility will come up in the outskirts of Hyderabad,…
In The Midst Of The EV Push, GM And Volkswagen Are Strengthening Their Battery Supply Chains
Auto makers are trying to control more of the supply chain for electric vehicles, forging new partnerships with raw materials producers and investing in facilities that make chemicals for batteries. Auto makers are trying to control more of the supply…
China Has Reduced Subsidies To The Manufacture Of Electric Vehicles
China has announced it will cut subsidies for green energy vehicles such as electric cars by 30%, beginning January this year. A release from the Ministry of Finance said that the subsidies policy, NEV 2022 will be definitively closed by…
