UK Startup Britishvolt Picks Site For $3.5 Billion Vehicle Battery Plant
Electric vehicle battery startup Britishvolt said it had selected a site in northern England to build a £2.6 billion ($3.5 billion) factory that should start production in 2023. The company, which so far has said it has raised about £10…
India Can Save Rs 1 Lakh Crore On Crude Oil Imports By Meeting 30% EV Penetration Target: Study
India can save on crude oil imports worth more that Rs 1 lakh crore ($14 billion) annually if electric vehicles (EVs) are to garner 30% share of country’s new vehicle sales by 2030, according to an independent study released by…
India Plans To Energise Electric Car Segment With Charging Kiosks Across 69,000 Petrol Pumps
Union Minister of Road Transport and Highways & MSME Nitin Gadkari, said the government is trying to create an ecosystem to accelerate the uptake of electric vehicles in the country. Addressing a virtual conference ‘9th Edition of Auto Serve 2020‘Electric…
Ola To Hire 2,000 To Fuel Electric Venture
Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in…
After PLI Benefit, India Plans Easy Availability Of Finance For EVs
After rolling out policy initiatives to develop India as a hub for lithium-ion cells manufacturing, the Indian government is working on ensuring availability of affordable credit to the nascent electric vehicle industry. Government’s policy think tank, Niti Aayog has been…
Omega Seiki Partners TRANS ACNR For Refrigerated Containerised Electric Vehicles
Omega Seiki Mobility Pvt Ltd on announced a partnership with Transport Air-Conditioning and Refrigeration (TRANS ACNR) for jointly working on refrigerated containerized electric vehicles with lithium-ion batteries. To begin with, the partners have agreed to work jointly on design, development…
UNIST And Samsung Develop Novel Electric Vehicle Battery
The Ulsan National Institute of Science and Technology and the Samsung Advanced Institute of Technology announced that they have jointly developed a technology to increase the driving ranges of electric vehicles to 1,000 km and the technology is based on…
Alstom To Supply Italy’s First 6 Hydrogen Trains
Alstom will supply six hydrogen fuel cell trains, with the option for eight more, to FNM (Ferrovie Nord Milano), the main transport and mobility group in the Italian region of Lombardy, for a total amount of approximately €160 million. The…
Volcon ePowersports Invites EV-Sector Investors To Join First All-Electric, Off-Road Vehicle Manufacturer In Public Funding Round
Investors of all kinds will now have the opportunity to join the growing electric-powersports sector with the announcement of Volcon’s new funding round on crowdsourcing-investment platform WeFunder – the largest funding portal by number of investments, investment volume and investor…
Tougher Battery Standards Sought By EU In Shift To Electric Cars
Europe plans to impose stricter environmental requirements for batteries as it begins a radical economic overhaul set to boost electric vehicles and clean energy. The European Union will aim at setting a global standard in the fast-growing market when it…
