South Korean automotive major Hyundai and Korean battery manufacturer SK Innovation have decided to collaborate on developing a sustainable ecosystem for electric vehicle batteries. The cooperation between the two companies will focus on battery sales solutions, management, reuse, and recycling. ... Read more
Atlas Copco has announced that it has launched ZenergiZe, a new range of lithium-ion energy storage systems that can be used as a standalone solution or combined with generators to generate a hybrid power solution. ZenergiZe conveys zero CO2 emissions, zero noise, and has practically zero maintenan... Read more
Bengaluru-based e-mobility technology company, Cell Propulsion which designs and manufactures EV powertrain and EV parts has raised pre-Series A funding from three investors growX, Micelio, and Endiya Partners. The latest Pre-Series A round follows the seed round held last year led by Endiya Par... Read more
Siemens Smart Infrastructure in partnership with Fluence has announced to build one of the largest stand-alone battery-based energy storage system in Azores Island in Europe.Siemens Smart Infrastructure with Fluence was awarded a contract by the Portuguese energy provider EDA – Electricidade dos A... Read more
Electric ride-hailing platform BluSmart has announced that it has raised $7 million (around Rs 51 crore) in funding from numerous investors. The funding round comprised investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Ange... Read more
The government is considering to set up at least one electric vehicle (EV) charging booth each at approximately 69,000 petrol pumps across the country to encourage people to adopt electric mobility. Besides, the government is also mulling making it obligatory to install EV charging booths at all co... Read more
Oil major Total and French automobile manufacturer Groupe PSA recently signed an agreement for the creation of Automotive Cells Company (ACC), a joint venture for lithium-ion battery production in Europe. With this new partnership, the two companies hope to set up a world-class player in the supply... Read more
Eversource Capital promoted GreenCell Mobility Private Limited (GreenCell Mobility), an eMaaS platform (electric mobility as service) in India, has announced the award of a contract from the Rajasthan State Road Transport Corporation (RSRTC) for the operation of 48 air-conditioned electric bus coach... Read more
The U.S. Department of Energy recently announced a $33 million funding as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Aviation-class Synergistically Cooled Electric-motors with integrated Drives (ASCEND) and Range Extenders for Electric Aviation with Low Carbon and High Efficie... Read more
Swedish energy storage company Azelio and India's Atria Power have signed a Memorandum of Understanding (MoU) to work together on installing over 65 MW capacity of Azelio's energy storage until 2025 in India. The agreement is Azelio's first in the country, a market with substantial potential for ren... Read more
Mitsubishi Power has initiated a key step towards 100% carbon-free power generation by introducing the world’s first standard packages for green hydrogen integration, the Hydaptive™ package, and the Hystore™ package. The Florida-based company declared that, on top of its two earlier announced... Read more
EV Motors India, a turnkey electric vehicle (EV) solutions provider, and Hero Electric have arrived into a partnership to upkeep adoption of EVs for last-mile delivery operations. Under the corporation, EV Motors will offer advanced battery solutions and charging infrastructure unified with Hero El... Read more
