Nexeon Raises $200 Million To Fund Battery Materials Manufacturing

Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January.  $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […]

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e-Rise Enters Indian Electric Vehicles Market; Produce 30,000 Units A Year

Electric vehicle manufacturer eRise – Drive Electric has announced its entry into the Indian markets. eRise makes long range, high performance electric two-wheelers built specifically for Indian road conditions. It’s the automotive arm of KL Group. eRise intends to launch three low speed electric scooters immediately and two high speed vehicles in the coming 3 […]

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CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport

State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […]

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More Than 13 Lakh EVs Registered In India: Gadkari

More than 13 lakh electric vehicles (EVs) are registered in India excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep, the Minister of Road Transport and Highways of India, Nitin Gadkari, said in a recent written reply to the Rajya Sabha. The minister revealed that 2,877 public EV charging stations have been sanctioned in 68 cities […]

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Ather Energy Rolls Out Ather 450X Scooter

Electric vehicle major Ather Energy recently rolled out the new avatar of its flagship scooter Ather 450x with a bigger battery, new tyres, software changes at Rs 155,657 ex-showroom in Bengaluru. The flagship model has contributed to about 80% of sales of the company promising even more with bigger battery which will run to real-life […]

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iVOOMi Energy To Invest Rs 200 Crore In New Factory In Pune

Electric vehicle manufacturer iVOOMi Energy has announced fresh plans for expansion of its electric two wheeler business in India.  iVOOMi has said that it will be investing Rs 200 crore in a new manufacturing unit at Pune. The company will also enhance research and development (R&D) in the segment. The company is a electric two-wheeler […]

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Volkswagen And Energy Web To Provide 24/7 EV Charging Solutions

Germany-based automotive manufacturer Volkswagen Group has announced partnership with Energy Web, a Germany-based nonprofit building operating systems for energy grids. Under this collaboration, Volkswagen’s Elli and Energy Web have developed a new smart charging solution enabling EV owners to charge their vehicles with renewable electricity that is matched directly with the vehicle’s real-time electricity consumption. […]

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