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Logistics Company Roadcast Signs EV Financing Pact With NBFC

Logistics company Roadcast has signed an agreement with Mufin Green Finance a listed Non-Banking Financial Company (NBFC) with a dedicated focus on electric vehicle (EV) financing. According to the media statement, Mufin Green Finance will lease out electric three-wheelers (E3W) equipped with GPS-enabled technology provided by Roadcast. The integration of advanced IoT systems into the […]

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Leapmotor Forms JV With European Auto Firm To Foray Into India

Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […]

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Exicom Launches DC Chargers With Power Outputs Up To 400kW

Exicom, an electric vehicle (EV) charging and critical power solutions provider in India, launched fast DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system. It has high operational efficiency, integrated ambient lighting, and many features […]

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Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds

The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region.  As per the budget document of the government, the Australian government will allocate $3.2 billion on the next one […]

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US Slaps 50% tariffs On Chinese Solar Cells

In its continuing efforts to build, and protect existing US solar manufacturers from Chinese imports, US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells. Under Section 301 of the Trade Act of 1974, solar cells – whether assembled or not into modules – tariffs will increase from […]

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Tesla Gets Approval For Shanghai Megapack Energy Storage Battery Plant

Tesla will be building a Megapack energy storage battery plant in China. The EV maker battery plant will come up near its electric vehicle gigafactory in Shanghai. According to a report, Tesla will invest around CNY1.5 billion (USD200 million) in the new megafactory. The factory will cover an area of about 20 hectares in the […]

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Google’s Nest Renew & OhmConnect To Form Virtual Power Plant In US

Renew Home, North America’s residential virtual power plant (VPP), has launched out of the combination of Google Nest Renew service and OhmConnect in the US. The company has received a $100M investment from majority owner Sidewalk Infrastructure Partners (SIP). According to a statement released by Google Renew Home, the company says “It will transform residential […]

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Tata Motors Launches New E-cargo Ace EV 1000

Tata Motors, an Indian commercial vehicle manufacturer, launched its all-new Ace EV 1000 an e-cargo mobility solution. The zero-emission mini-truck offers last-mile mobility, higher rated payload of 1 ton and a certified range of 161km on a single charge. The Ace EV is developed with inputs from its customers and the new variant to address […]

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EMotorad To Construct Integrated E-Cycles Gigafactory In Pune

Electric vehicle company EMotorad has announced it will expand its existing manufacturing unit in Pune. India will be home to two of the world’s biggest gigafactories, one for Ola Electric two-wheelers and the other for EMotorad e-cycles, said the company. According to EMotorad the gigafactory is spread across 2,40,000 sq ft in phase 1 and […]

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