TVS Motor Raises Stake In Startup Ultraviolette, Invests Rs 30 crore
TVS Motor Company has raised its stake in Bengaluru-based electric vehicle startup Ultraviolette Automotive by pumping in Rs 30 crore. In FY20, it had invested Rs 11 crore in the startup, which aims to put a high performance electric bike…
NeoCharge’s Power Splitters Make Adding EV Charging More Affordable For Owners
With all of the positives that electric vehicles provide, they do come with their own set of challenges, many of which have nothing to do with the vehicle. One huge challenge for many electric vehicle drivers is home charging. Where…
C-MET Seeks Co-funding Partners For Li-ion And Na-ion Battery Cell Manufacturing
The Center for Materials for Electronics Technology (C-MET) has invited Expressions of Interest (EoI) from interested parties for collaboration with the Center of Excellence for rechargeable battery technologies (Pre-cell). The interested parties would include public sector units, private industry, and…
Mumbai’s Epsilon Carbon To Invest $70 Million In Battery Material Manufacturing Facility
Epsilon Carbon, India’s leading coal carbon company, is diversifying into the battery material business to develop and manufacture high performance and quality carbon products for anode components of Lithium Ion Batteries (LiB). The battery materials business is housed under a…
Lithium Australia’s Envirostream To Start Recycling Old Electric Car Batteries
Envirostream Australia, which is 90 per cent owned by Lithium Australia (LIA), has announced it will start recycling electric vehicle (EV) batteries. A transition to electric mobility can help mitigate transport-related carbon emissions and therefore climate change, but there are…
Dr. Paolo Castagna Ex Managing Director Fiat India Invests In Electric Vehicles’ Start-Up EVage
Dr. Paolo Castagna, Ex Managing Director, Fiat India Automobiles Pvt Ltd, has invested an undisclosed amount in mobility tech startup EVage. The mobility startup has built India’s 1st ‘Make in India’ ‘Exoskeleton Structure’ that will provide a common platform for…
Workhorse Enters Into Strategic Agreements With Hitachi And Hitachi Capital America
Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, announced today newly-formed strategic agreements between the Company and both Hitachi America, Ltd. (“Hitachi America”) and Hitachi Capital America…
Okaya To Provide EV Charging Stations To BluSmart Electric Mobility
Okaya Power Group on Friday said its flagship firm Okaya will provide electric vehicle charging stations to BluSmart Electric Mobility — one of the largest 100 per cent electric fleet operator in India. Okaya announced a strategic partnership with BluSmart…
Mahindra And REE Explore Joint Development Of Electric Commercial Vehicles
Mahindra & Mahindra, part of Mahindra Group, and REE Automotive have signed a memorandum of understanding (MOU) to explore the development and manufacturing of electric commercial vehicles for global markets. Such a strategic collaboration will leverage REE’s electric vehicle corner…
Electric Buses Stored In London Garage To Become ‘Virtual Power Station’
United Kingdom-based SSE Enterprise is working on a vehicle-to-grid (V2G) project at London’s Northumberland Park bus garage, where electricity would be generated from buses when it’s not ferrying passengers. The ‘Bus2Grid’ garage will function as a ‘virtual power station’ using…
