electric vehicle

Jupiter Electric, Porter Sign Pact To Boost E-Mobility

Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons Limited today announced a partnership with Porter, a goods transport agency to boost the use of EVs for shipments. Porter offers a wide range of intra-city and inter-city logistics solutions. This collaboration focuses on fostering entrepreneurial opportunities and promoting sustainable electric mobility through JEM’s innovative JEM […]

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Euler Motors Raises USD 20 million From Zurich-Based responsAbility

Euler Motors, a manufacturer of electric commercial vehicles, has successfully raised upto USD 20 million in debt funding from responsAbility Investments AG, an impact asset manager specializing in private market investments. This investment will help accelerate Euler Motors’ mission to electrify India’s commercial vehicle segment, enabling production scaling and advanced R&D for next-generation EV technology. […]

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Maxvolt Energy Launches Eco Series Li Battery For E-Scooters

Lithium battery pack supplier Maxvolt Energy announced launching Eco Series Lithium Battery for electric scooters. The firm said that Eco Series is designed to provide an accessible, high-performance, and hassle-free upgrade option for customers currently using lead-acid batteries. The Maxvolt Eco Series offers numerous benefits, including being lightweight, providing rapid charging, and ensuring 4-5 years […]

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Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF

The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […]

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Mahindra, Vidyut Tie-up For Battery-as-a-Service Commercial EVs

Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M) and Vidyut (VT), have announced a collaboration. MLMML is an electric commercial vehicle manufacturer that has sold more than 2 Lakh Electric Vehicles (EVs). Vidyut is a Bengaluru-based full-stack EV startup focused on making EV ownership more convenient and stress-free. Both […]

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Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA

The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […]

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Tata Motors Foresees Price Stability For Its EV Products

Electric Vehicle manufacturer Tata Motors now expects the prices of its Electric Vehicles (EV) products to move towards stability. This comes at a time when the firm sees steadiness in the prices of cells, used in these EVS. The top management of the firm, in the latest investors call told its investors about this ‘price […]

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Coal Generation To Remain 30% Higher Than Solar Generation: IEA

Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […]

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Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA

Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […]

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