Israel’s REE Automotive Working On More Collaborations Following Mahindra EV Deal
Israel’s REE Automotive, developer of a rolling chassis for electric vehicles, expects to sign more collaboration deals in coming months following its agreement with Indian carmaker Mahindra and Mahindra. REE and Mahindra signed a memorandum of understanding last month to…
Honda Quits Formula 1 Racing To Focus On EVs And Fuel Cell Tech
Honda is giving up its prestigious Formula 1 program to shift more resources into battery-electric and hydrogen fuel-cell tech. The automaker unexpectedly announced recently that it would withdraw from F1 at the end of the 2021 season. Honda currently supplies…
Magenta, eMatrixmile To Set Up 10,000 ‘QYK POD’ EV Charging Stations Across India
Magenta EV Solutions Private Limited and eMatrixmile India Pvt Ltd have signed a Memorandum of Understanding (MoU) for the installation and commissioning of ‘QYK POD’ charging stations with associated infrastructure in Mumbai, MMR and Maharashtra region. The alliance will collectively…
eBikeGO Targets Conversion Of 30,000 Two-Wheelers To EVs With Support From MSME
eBikeGO, an e-mobility start-up, announced a strategic partnership with ASSAR (Advanced Services for Social and Administrative Reforms) and EoDB (ease of doing business), for government facilitation to drive EV adoption. Under the alliance initiated on World EV Day, 9 September…
Evolet Keen On Investing In Telangana
Electric vehicle (EV) maker Evolet India, part of Rissala Group, is keen on setting up assembly and manufacturing facilities in Telangana State. The company is planning to create an assembly plant for electric two-wheelers to cater to both domestic and…
Toyota-Panasonic Venture To Build Lithium-Ion Batteries For Hybrids In Japan
A joint battery venture of Toyota Motor Corp and Panasonic Corp said it will produce lithium-ion batteries for hybrid cars at a plant in Western Japan from 2022 to meet growing demand for electric vehicles (EV). The production line at…
American EV Startup Enters India
Power Global, an America EV start-up, led in India by industry veteran Pankaj Dubey plan to offer clean and affordable battery conversion kits for existing two- and three-wheelers. Power Global revealed their ultimate goal of introducing 100% designed and made-in-India…
Greenko To Invest Around $1 Billion In New Battery Storage Business
Greenko Energy Holdings aims to invest around $1 billion in a new battery storage business that also includes a plan to produce lithium-ion batteries in India for power grid-scale applications and electric vehicles (EV), said a person aware of the…
EV Startup Faraday Future In Talks To Go Public Through SPAC Merger
Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief executive said. “We are working on such a deal and will be able to…
Indian Oil To Launch Cost-Effective Aluminium-Air Batteries For EVs
State-run Indian Oil Corporation (IOC) is planning to launch first-of-its-kind aluminium-air batteries that are potentially a more cost-effective alternative to lithium-ion batteries for use in electric vehicles (EV) and stationary applications. The idea is to manufacture these barriers in sites…
