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EV Manufacturer Euler Motors Raises INR 30 Crore From Its Investors

Delhi-based electric mobility solutions provider, Euler Motors has announced that it has raised Rs 30 crore from its existing and new investors as a part of its ongoing Series A round. The company has raised the investment from existing investors Inventus India, Jetty Ventures, and Sujeet Kumar, Co-founder, Udaan. Additionally, this round of investment has […]

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Fourth Partner Energy Expands Footprint Ties up With Indonesia’s Indika Energy

Fourth Partner Energy has partnered with Indika Energy to form JV -EMITS with the aim of accelerating Indonesia’s renewable energy transition. Fourth Partner Energy (FPE), one of India’s leading solar solutions firms has announced a partnership with Indonesia’s energy major, Indika Energy. The joint venture (JV) company Empat Mitra Indika Tenaga Surya (EMITS) is aimed […]

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Yamaha, Honda, KTM, and Piaggio Team Up to Create Swappable Batteries Consortium

Yamaha Motor Co., Ltd. has announced that the company has signed a Letter of Intent with Honda Motor Co., Ltd., KTM AG, and Piaggio & C SpA to set up a Swappable Batteries Consortium for Motorcycles and light electric vehicles (EVs). By extending the range, shortening the charging time, and lowering vehicle and infrastructure costs, […]

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All Delhi Officials Will Commute in EVs, Request 4W Owners to Switch: Gahlot

Delhi Transport Minister Kailash Gahlot has announced that all leased or hired cars to be used by Delhi government officials for commute will be electric vehicles (EVs) within the coming six months. The Minister also requested all four-wheeler owners in the city to switch to EVs. Also, he claimed that the subsidies being offered by […]

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Solid-State Li-ion Battery Firm QuantumScape Issues Q4 Results

America based solid-state lithium-metal EV battery manufacturer QuantumScape has released its quarter fourth (Q4) and Full Year 2020 (FY20) results for the first time as a publicly-traded company. Interestingly, the fourth quarter of 2020 was historic for the company as it developed its business combination with Kensington Capital Acquisition on November 25, 2020, and became […]

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New Zealand Approves 22 New Low-Emission Transport Projects For Clean Environment

Energy and Resources Minister Megan Woods has said that the New Zealand government has approved 22 new low-emission transport projects, as extended additional support to clean up the environment. A community electric bike and car share scheme, additional electric vehicle (EV) charging stations, as well as five hydrogen trucks and a demonstration electric truck, are […]

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bp & EnBW Selected for 3 GW Offshore Wind Leases in the UK

bp and partner EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4 for projects worth 3 GW. bp and partner Energie Baden-Wuerttemberg AG (EnBW) of Germany have together been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4, the […]

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MNRE Formalises Amendments to RTC RE Power Procurement Guidelines

MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […]

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