EV+Storage

Electric Two Wheeler Sales To Grow at 87 Percent to 3.4 Million In 2025 in India

JMK Research and Analytics has predicted a CAGR of 87 percent for the electric two wheeler market in India to 2025. Surprisingly, for once such aggressive growth numbers seem to have every chance of succeeding The electric mobility revolution in India will arrive on two wheels. That seems to be the basic message of a […]

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VW to Invest €2.1 Bn to Expand EV Business in China, Acquires Majority Stake in 2 Firms

Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. The firm has revealed that it plans to increase its share […]

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Tata Power to Expand EV Charger Network to 700 by FY21

In line with Tata Group’s ambition of expanding into e-mobility space via group companies, utility giant Tata Power on Thursday disclosed its substantial investment plan of expanding its network of smart electric vehicle (EV) charging points to around 700 by FY21. The country’s largest integrated utility company said in a statement that “as part of […]

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Ola Electric Acquires Amsterdam-Based Etergo; Aims to Launch e-Scooter in 2021

Indian ride-hailing firm Ola’s e-mobility arm, Ola Electric, on Wednesday said that it has acquired Amsterdam-based Etergo BV, an innovative electric scooter original equipment manufacturer (OEM). However, the company didn’t disclose the amount of acquisition. With this acquisition, the company has also announced its foray into the premium electric two-wheeler market, both globally and nationally.  […]

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ChargePoint Named Leading EV Charging Hardware Supplier

A new report examines the strategy and execution of 15 companies offering solutions to the global EV charging market, with ChargePoint ranked number one. A new Leaderboard Report from Guidehouse Insights examines the strategy and execution of 15 companies offering solutions to the global electric vehicle (EV) charging market, with ChargePoint ranked as the top market player. Climate […]

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EV Startup ‘Ather Energy’ Inks Pact with Scooter Sharing Platform ‘Bounce’

Bengaluru-based e-mobility startup Ather Energy has entered into a partnership with dockless mobility solution provider Bounce for a scooter selling and sharing initiative ‘Peer to Peer’ (P2P) with the pilot programme taking off from Bengaluru. As per the deal, Hero MotoCorp-backed company will sell its ‘Ather 450’ e-scooter through Bounce’s website and customers can book this scooter […]

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KYB and REE Partner to Develop Next-Gen Modular EV Platforms

KYB and REE Automotive have announced a strategic partnership to develop suspension capabilities for future EV platforms. KYB Corporation (KYB) and REE Automotive (REE) have announced a strategic partnership to develop suspension capabilities for future electric vehicle (EV) platforms. According to the joint statement issued by the firms, automotive Tier 1 supplier KYB’s unparalleled semi-active […]

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EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF

Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […]

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