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Ideanomics Acquires Wireless Charging Provider WAVE, Signs a Definitive Agreement

New York based Ideanomics has announced the 100 percent acquisition of private wireless charger provider for heavy-duty electric vehicles (EVs), Wireless Advanced Vehicle Electrification (WAVE), Inc. The acquisition has been done by considering cash and stock, and the material terms which are disclosed in the Company’s related 8-K filing. While Roth Capital Partners acted as […]

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BYD Delivers Huge E-Bus Fleets to Colombia, Japan, and Europe

Hong Kong based BYD has announced that it has delivered over 700 electric buses to three cities in Colmbia, Japan and the Netherlands. e-bus The Bogota City Government and the Bogota City Public Transport Authority (TRANSMILENIO) held a grand launch and delivery ceremony for the first batch of 120 buses. This batch of buses will […]

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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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ICRA Grants First ‘Stable’ Rating to GMPL in EV Bus Segment India

ICRA has assigned [ICRA]A- (Stable) to Greencell Marudhara Private Limited, GMPL, the EV bus fleet operator for RSRTC in Rajasthan. Investment Information and Credit Rating Agency of India Limited (ICRA) has assigned A- (Stable) to Greencell Marudhara Private Limited, GMPL, the electric vehicle bus fleet operator for the Rajasthan State Road Transport Corporation (RSRTC) in […]

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The 20,000th Solaris Electric Bus is Running on the Roads of Warsaw

Europe’s leading Bus manufacturer, Solaris has been producing innovative and environment-friendly buses since 1996. The company has manufactured five types of buses till now and released its 20,000th bus, the electric Urbino 18 on 15th December 2020. Manufactured in Solaris factory in Bolechowo, the electric Urbino 18 is running on the streets of Poland’s capital, […]

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Can China Become ‘Carbon Neutral’ by 2060?

Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […]

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Tender Issued for Solar Home Lighting Systems for SC Beneficiaries in Assam

A tender has been issued for fixation of rates for a period of 1 year for solar PV home lighting systems for the SC beneficiaries of Assam. The Directorate of Welfare of Scheduled Castes, Government of Assam, has issued a tender, inviting bids from eligible manufacturers/ distributors /dealers on a rate contract basis for fixation […]

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Andhra Pradesh Govt Discusses EV Plans With Niti Ayog

Andhra Pradesh has become the latest state to come out with an EV policy that seeks much more than more EV’s on the road by 2024.  The state’s new EV policy hopes to attract an investment of Rs 30,000 crore and create 60,000 jobs in electric vehicles (EVs) manufacturing. All this, while getting a million […]

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EVs Could Account for 43% of Total Vehicle Sales in India by 2030: CEEW-CEF

CEEW-CEF has revealed that according to its high adoption scenario, EVs could account for 43% of the total new vehicle sales in India by 2030. A new study by the CEEW – Centre for Energy Finance (CEF) has analysed segment-wise electric vehicle (EV) sales, battery requirements, public charging infrastructure necessary, and the investments needed until […]

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