A joint battery venture between Toyota Motor Corp and Panasonic Corp has announced that it will manufacture lithium-ion batteries for hybrid cars at a plant in Western Japan from 2022 to meet the rising demand for electric vehicles (EV). The production line at a Panasonic factory in Tokushima prefe... Read more
Magenta Power, the specialist in renewable power generation, battery storage system, and EV charging infrastructure has announced its plan of setting up 10,000 electric two-wheeler charging stations across the Mumbai-Pune region and other key urban centers in Maharashtra. The Hindustan Petroleum, S... Read more
Nanotech Energy Inc. announces that the company will mass produce non-flammable, efficient, and fast-charging lithium-ion 18650 Batteries in the first quarter of 2021. These cell-type batteries are used in devices including, but not limited to, laptop computers, cordless power tools, safer electric ... Read more
Austrian company Andritz announced it has secured the contract from Greenko Energy for the supply of electro-mechanical equipment for India's largest pumped storage plant planned at Pinnapuram in Andhra Pradesh. The 1,200 MW project is being developed by Greenko. Its first unit is projected to be c... Read more
Between 2005 and 2018, patenting activity in batteries and other electricity storage technologies grew at an average annual rate of 14 percent worldwide, four times faster than the average of all technology fields, according to the new joint study published by the European Patent Office (EPO) and In... Read more
Indian hydropower generation company, NHPC Limited has signed a Power Sale Agreement (PSA) with Chhattisgarh State Power Distribution Company Ltd (CSPDCL) for the supply of 400 MW Solar Power at the tariff of Rs. 2.55/kWh for 25 years on a long-term basis. The latest PSA has been signed under the 2... Read more
The Department of Heavy Industry has announced that it has extended the deadline for the localization of numerous components under its phased manufacturing programme (PMP) for electric vehicles (EV) from 1st October to 1st April 2021 offering a respite to the industry. Compliance with the PMP is a c... Read more
Siemens Smart Infrastructure and WUN H2 GmbH recently signed a contract to build one of the largest hydrogen production plants in Wunsiedel in northern Bavaria, Germany. The plant will run fully on renewable energy and the electrolysis plant from Siemens Energy will have the capacity to produce ove... Read more
Hyderabad-based electric vehicle startup Etrio has announced that it has secured funding of $3 million in series A round from high net worth individual (HNI) investors based out of Singapore. The investment will accelerate Etrio's venture into new electric vehicles (EVs) in three-wheelers and bicyc... Read more
Indian Oil Corporation (IOC) has announced that it is devising to unveil first-of-its-kind aluminium-air batteries that are possibly a more cost-effective alternative to lithium-ion batteries for use in electric vehicles (EV) and stationary applications. The idea is to produce these batteries in sit... Read more
The government has extended the validity for availing benefits under Phase II of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME) scheme for all approved electric vehicle models till December 31, 2020. The extension will come into effect starting October 1 t... Read more
India strategies to offer $4.6 billion in incentives to establishments setting up advanced battery manufacturing facilities as it pursues to encourage the use of electric vehicles and cut down its reliance on oil, as per a government proposal. A proposal drafted by NITI Aayog believed India could s... Read more
