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EVage Ventures Pvt Ltd, an electric vehicle startup, has raised funding by mobility veteran from Ola Electric Co-Founder and Senior Advisor, Anand Shah along with BryAir Director, Varun Pahwa and DMI Group partner, Anmol Nayyar.The three investors have invested an undisclosed amount in the mob... Read more
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Mahindra & Mahindra 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 revolutionary electric vehicle corner module and platform ... Read more
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Guotai Junan International Holdings Limited has announced that the Group will join hands with NIO Inc. ("NIO"), Contemporary Amperex Technology Co., Limited ("CATL") and Hubei Science Technology Investment Group Co., Ltd., to collaboratively boost the innovation and development of New Energy Vehicle... Read more
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Union Road Transport and Highways Minister Nitin Gadkari on Monday encouraged pilot projects to run electric buses with private investments in India. "Public-Private Partnership (PPP model) is easily available, economically viable and state transport can pursue them to follow this policy on the b... Read more
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Paice, a forerunner in hybrid electric vehicle technology, has announced that it has arrived into an agreement to license its patented hybrid technology to Mitsubishi Motors Corporation. "Mitsubishi is one of the most successful hybrid vehicle companies in Europe, and we are delighted to be adding ... Read more
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Epsilon Carbon, an Indian coal-tar derivatives 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 announcement made on Monday, August 24, confirmed that the materi... Read more
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State-run engineering and manufacturing company, Bharat Heavy Electricals Limited (BHEL) announced that it has won its first-ever commercial order for state-of-the-art Battery Energy Storage Systems (BESS) from The Energy and Resource Institute (TERI)."The company has signed a contract agreement w... Read more
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Battery management technology provider ION Energy recently bagged a contract to manage 581 MWh of battery storage projects for esVolta, a global utility-scale energy storage company. As per the agreement between the two companies, ION Energy's battery analytics platform, Edison Analytics, will be ... Read more
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Image courtesy- Exicom Power Solutions - MEXX BMSPower and mobility solutions provider Exicom Power Solutions have announced the launch of two leading battery management system: MEXX – a top-of-the-line automotive-grade BMS and LITE – a value-engineered BMS.Both, MEXX and LITE BMS are 100% mad... Read more
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Key Capture Energy (KCE) has announced that it has selected Mitsubishi Hitachi Power Systems Americas (MHPS) and Powin Energy Corporation to construct three utility-scale battery energy storage system (BESS) projects totaling 200 MW in Texas. MHPS will deliver turnkey engineering, procurement, and c... Read more
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History was made as marine energy storage experts Sterling PBES and naval engineering firm Glas Ocean Electric launched a first of kind electric Cape Islander vessel. The vessel, formerly named Peggy’s Cove Express, served many seasons as a trawler on the East Coast and is a familiar design that h... Read more
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Elkem has announced that it has nominated Herøya Industrial Park as the site for a potential large-scale plant for battery graphite production in Norway. The project, named Northern Recharge, aims to supply the fast-growing battery industry through an economical production process and make batterie... Read more