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battery costs

A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER

A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […]

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Mooving, HPCL Collaborate To Expand Battery Swapping Stations

Mooving, a smart swapping network powered by Livguard and a brand under the SAR Group announced collaborating with Hindustan Petroleum Corporation Limited (HPCL), a government enterprise. Under the partnership, Mooving will get access to 22,000+ HPCL retail outlets across India to install its automated swapping stations.  One of the key factors in HPCL’s decision to […]

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Global Investments In Battery To Decline In 2024: Rystad Report

Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […]

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We Are Set To Expand Battery Recycling: Anupam Kumar (MiniMines)

How did the journey of MiniMines start?  We founded the company in 2021. I started the company with other co-founder Anupam Kumar and Arvind Bhardwaj. We were driven by a vision to tackle the dual challenges of high electric vehicle (EV) costs, lack of critical minerals, massive import dependency worth 7 billion USD, and environmental […]

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Global Battery Demand Can Quadruple To 4,100 GWh By 2030, Says Report

Global battery demand is expected to quadruple to 4,100 gigawatt-hours (GWh) between 2023 and 2030 as electric vehicle (EV) sales continue to rise. As a result, OEMs must hone in on their battery strategies, according to a new report by Bain & Company. Over 250,000 electric cars were sold globally every week in 2023, more […]

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Battery Recycling Can Slash EV Battery Cost By €3,000 In Europe, Says Report

A recent report by Deloitte hinted at new opportunities in slashing electric car battery costs by up to €3,000 by roping in EV battery recycling techniques. It suggested that the adoption of a redesigned approach, spanning the entire product lifecycle is expected to bring the cost down while revenue is expected to see an increase […]

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All In For Battery Based Energy Storage- Saurabh Kumar, GEAPP

For India’s energy sector, the impact Saurabh Kumar has been well documented. Currently, the Vice President-India, GEAPP (Global Energy Alliance for People and Planet) Kumar is well known for being the man behind the LED revolution in the country, which he initiated during his stints as the key founder of the public sector Bureau of […]

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magniX Launches ‘Samson’ Electric Aviation Battery

magniX, the company powering the electric aviation revolution, has announced the launch of Samson in its battery line. magniX Samson batteries have been designed for aviation and industries or applications that require high levels of performance, safety, and reliability. Samson batteries will be certifiable under aviation regulations, while delivering industry-leading energy density, unmatched cycle life, […]

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