PURE EV to Supply Lithium Batteries To Tech Start-Ups Fighting COVID-19
Electric Vehicles start-up PURE EV is providing lithium batteries to healthcare tech companies that are engaged in the fight against COVID-19 pandemic across India. The batteries are being used in medical applications such as ventilators and robotic sanitation devices. The…
Hero MotoCorp Makes Fresh Investment Of Rs 84 Crore In Ather Energy
India’s largest two-wheeler maker Hero MotoCorp on Friday announced a further investment of Rs 84 crore (US$11million) in Ather Energy, taking up its shareholding in the company to 34.58 per cent. Prior to the investment, Hero MotoCorp’s shareholding in Ather…
Chinese Electric Vehicle Maker Li Auto Aims To Raise Up To $950 Million In Growth Push
Chinese electric vehicle maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has launched an initial public offering of up to $950 million, in one of the biggest U.S. listings by Chinese companies this year. The five-year-old automaker,…
Inclusion Of Hydrogen Fuel Safety Standards Proposed In The Central Motor Vehicles Act
The Ministry of Road Transport and Highways (MORTH) has proposed amendments to the Central Motor Vehicles Rules, 1989, to include safety evaluation standards for hydrogen fuel cell-based vehicles. A fuel cell is a device that converts chemical energy into electrical…
Kerala Invites Bids From EPC Contractors To Set Up EV Charging Stations
Kerala State Electricity Boards Limited (KSEB) has invited bids from engineering, procurement, and construction (EPC) contractors to install 26 electric vehicles (EV) charging stations at various government-owned locations in the state. The estimated value of the contract is ₹47.4 million…
Former Tesla VP Chris Porritt Joins Rimac Automobili As CTO
Rimac Automobili has appointed former Aston Martin Chief Engineer, VP of Engineering at Tesla and lead at Apple’s Special Projects Group, Chris Porritt, to the role of chief technology officer. Porritt will report directly to founder and CEO, Mate Rimac,…
VW, Ford U.S. EVs Endangered Due To Ongoing Legal Battle Between Battery Suppliers
An ongoing spat between two South Korean electric vehicle battery makers could put a crimp in Ford Motor Co.’s plans to produce an all-electric version of its best-selling F-150 pickup and future electric vehicles as well as Volkswagen of America’s…
Workhorse Announces Closing Of $70 Million Financing From Institutional Investor
Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today announced the closing of its previously announced financing agreement for a $70 million Senior Secured Convertible Note (the…
New Partnership To Power North America’s Entry Into Hydrogen Fuel
HTC Extraction Systems is finalizing its IP partnership agreement and equity stake purchase in US based company, Hydrogen Fueling Corp. The synergy between practical, proven hydrogen production technology and the roll-out of hydrogen fueling infrastructure is what will catalyze and…
ARENA Funds One Of World’s Largest Electric Vehicle To Grid Pilots
The Australian Renewable Energy Agency (ARENA) has issued $2.4 million in funding to ActewAGL for the implementation of an electric vehicle to grid (V2G) pilot in Canberra. ActewAGL will partner with the Australian National University, JET Charge, Evoenergy, SG Fleet,…
