EV

Cell Propulsion Launches Li-ion Battery Facility in Bengaluru

Bengaluru-based mobility and EV technology startup Cell Propulsion has launched its pilot production line for Li-ion batteries at a facility which has a maximum output of 500kWh/month. The cells will be used in the company’s in-house light commercial electric vehicles. Founded by Nakul Kumar (CEO & Co-founder), Paras Kaushal (COO & Co-founder), and Supratim Nuskar (CTO), who […]

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Magenta Closes Series A Round With new Commitments Worth $15 Mn

EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a  commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […]

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Ola Planning to Take its Electric Scooter to the International Markets

Ola Electric is looking at taking its electric scooter to international markets this fiscal according to company Chairman Bhavish Aggarwal. Ola Electric is looking at taking its electric scooter to international markets this financial year, including countries like France, Italy and Germany, according to company Chairman and CEO Bhavish Aggarwal. The company, which is working on setting […]

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EnBW to Build Europe’s Biggest Fast Charging Station for all EVs

EnBW is planning a new flagship charging station at the Kamener Kreuz autobahn interchange near Dortmund, Germany. With 52 charging points, it will be the biggest public fast charging station in Europe and will be powered by solar panels. As per the firm, the high power chargers have capacities of up to 300 kilowatts. Depending […]

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Ola E-scooters and Hypercharger Network to Hit Market in July 2021

Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced yesterday that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the […]

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India’s First Li-ion Battery Plant in Karnataka

Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […]

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Flipkart Ties up With Mahindra Logistics to Accelerate EV Deployment

Indian e-commerce major – Flipkart has partnered with Mahindra Logistics Limited (MLL) as one of its key logistics partners to help fast-track deployment of electric vehicles (EV) across its logistics fleet in the country. The move follows on from the e-commerce majors commitment to have a 100 percent electric logistics fleet and deploy more than […]

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Amara Raja Opens Tech-hub for Lithium-ion Cells in Tirupati

Amara Raja Batteries has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. Amara Raja Batteries, a leading automotive battery manufacturer in India has announced that it has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in the state of Andhra […]

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India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA

In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […]

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