Volvo Group Venture Capital Invests In EV Charging Software Company Driivz
Volvo Group Venture Capital AB has invested in Driivz Ltd., a global EV charging software company which has developed a platform for managing large charging networks for electric vehicles from end-to-end. The Driivz platform functions as an operating system for…
Decision To Install Charging Point At Every 3 Km Paving Way For Delhi As EV Capital: Transport Minister Gahlot
Transport Minister Kailash Gahlot said the AAP government’s decision install a charging point at every three kilometers will pave the way for making Delhi the “electric vehicle” capital. He said the Delhi government has taken a lead across India in…
Nissan Using Second-Life LEAF Batteries In Factory AGVs
Nissan has begun using second-life battery modules from first-generation LEAF electric vehicles as the power supply for automated guided vehicles (AGVs) in its plants. At Nissan’s Oppama plant, south of Tokyo, there are more than 700 AGVs. Globally, Nissan has…
Europe Sees EV Battery Self-Sufficiency By 2025
European firms will have the capacity to supply all the lithium-ion batteries needed for the continent’s automakers by 2025 as they ramp up electric vehicle output to meet strict pollution limits, EU officials said. The bloc is banking on its…
Triton EV Establishes India Entity ‘Triton Electric Vehicle India‘ In New Delhi
New Jersey-based Triton Electric Vehicle registered an Indian subsidiary under ‘Triton Electric Vehicles India Private Limited’ – in New Delhi. The move comes after the parent company aggressively advertised its plans to enter the Indian market. The newly formed entity’s…
Ideanomics Invests In Italian Electric Motorcycle Company, Energica Motor Company
Ideanomics (“Ideanomics” or the “Company”) is pleased to announce it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands…
Mullen Technologies And NexTech Batteries Will Deliver The Most Advanced Lithium-Sulfur Battery Technology Available Today
Mullen Technologies, Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element, Inc. in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the…
Ola’s Bhavish Aggarwal Looks To Disrupt India’s EV Market By Mass Producing Vehicles
Every Friday, Ola’s founder and CEO Bhavish Aggarwal, spends time at a site that is nearly 2 hours away from the hustle and bustle of his office in Koramangala, a thriving hub for startups in Bengaluru. An aim to make…
SK Group To Invest $16.4B To Create Hydrogen Production-Distribution-Consumption Ecosystem By 2025
Korea-based SK Group will invest about 18 trillion won (US$16.4 billion) over the next five years to create a domestic hydrogen ecosystem—production, distribution, and consumption—through creation of domestic hydrogen infrastructure and also through partnerships with global companies. In the first…
Electric Vehicle Maker Euler Motors Raises ₹300 Million From Existing And New Investors
Euler Motors, a New Delhi-based electric vehicle (EV) manufacturer, has raised ₹300 million (~$4.1 million) as a part of its ongoing Series A round. The funding was led by existing investors Inventus India, Jetty Ventures, and Sujeet Kumar, Co-founder, Udaan….
