EESL has signed an agreement with Noida Authority to promote electric vehicles (EVs) and install public EV charging stations and related infrastructure. The partnership will also facilitate the creation of an infrastructural ecosystem to accelerate e-mobility uptake as the nation emerges from the lockdown post-COVID-19 pandemic, the Energy Efficiency Services Ltd (EESL) said in a […]
Ola co-founder and CEO Bhavish Aggarwal on Friday said in the post-COVID world, the industry would have to build mobility solutions that are cleaner and make people feel safe as they resume regular travel. Speaking at the India Global Week 2020, Aggarwal said the ride-hailing company is also focussing on electrifying small cars, two-wheelers and […]
Elon Musk has hinted at a possible new factory in Asia but that would not be in China this time. When asked on Twitter about whether Tesla plans to “expand mega factories in Asia outside China”, Musk asserted on a positive note but also said that currently, the company’s priority is to complete the new […]
Startup Earth Energy has announced that it has raised seed funding, led by LR Joshi, MD or Pranada Bio-Pharma Pvt Ltd. However, the EV startup has not disclosed the amount of the funding, it has received. The company in a statement said that the amount will be used to facilitate the launch of three electric […]
Frost & Sullivan’s recent analysis, Global Li-ion Battery Materials Market, Forecast to 2026, estimates that the global market for Li-ion battery materials will register a robust double-digit growth rate by 2026. The rising sales of electric vehicles (EVs) have resulted in an unprecedented demand for batteries and battery materials. While the market is making significant […]
Ampere Vehicles has announced the acquisition of Noida based E-Rickshaw company Bestway Agencies Pvt. Ltd. (BAPL) which sells E-Rickshaws under the popular ELE brand with 74% stake in the company, subject to customary closing conditions. Through this acquisition, Ampere will expand its presence in the fast disrupting E-Rickshaw segment to become an integrated last mile E-Mobility […]
Tesla aims to do a cross-country drive with Cybertruck later this year to let people closely see the electric pickup truck, said Elon Musk. A fan asked Tesla CEO when the East Coast of the US would get a glimpse of the futuristic EV pickup. “Sure, we will aim to do a cross-country drive with […]
Electric vehicle maker Kinetic Green recently said that slow economic growth coupled with dull consumer sentiment will be “extremely challenging” for the domestic automotive industry, which was already reeling under a sales slump even before the COVID 19 crisis. At the same time, the company remains bullish on the electric vehicle (EV) segment in the […]
FICCI on recommended various measures, including extending FAME -II scheme till 2025, to enhance demand for electric vehicles (EVs). The recommendations, submitted by FICCI’s EV committee to the government, seek immediate support from policymakers to enhance attractiveness for these vehicles in the short term and to encourage continued investments in the sector, a release said. […]
Electric vehicles market in India may experience a shift as consumers seek affordable products amid COVID-19, and it could make manufacturers resume production for conventional vehicles, according to a report. The report – Towards a Clean Energy Economy: Post-COVID-19 Opportunities in India’s Energy and Mobility Sectors – is prepared by government think tank Niti Aayog […]
