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RACEnergy, Hala Mobility Join Hands For Deployment Of Battery Swapping Technology

Hyderabad-based battery swapping technology player RACEnergy has collaborated with multi-modal ride-sharing platform Hala Mobility for the deployment of battery swapping technology for 2,000 electric two-wheelers. The partnership is aimed at facilitating smooth run of electric mobility. The battery swapping technology of RACEnergy will be integrated with electric scooters. These EVs will be employed for delivery []

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Beyond Batteries: Hydrogen Combustion Engine, A Viable Alternative for Clean Mobility

Electric vehicles running on battery-powered electricity are not just a future concept anymore. The new electric vehicle sales surpassed the 10 million mark worldwide in 2022 and it seems likely that sooner or later EVs will replace the conventional ICE mobility options. However, bottlenecks impeding EV growth and the technological advancements in using hydrogen as []

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Gujarat Sees 600 Percent Jump In Electric Vehicle Registrations In One Year

The World Resources India (WRI), an international clean energy think tank, claimed that between 2021 and 2022, Gujarat recorded a steep hike in registration of Electric Vehicles (EVs). WRI-India, in its analysis, said that between 2021 and 2022, the state witnessed a 600 percent rise in EV registration. The state government in 2021 came up []

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Magenta Mobility Gets Capital Infusion of $22 Mn From bp, Morgan Stanley India Infra

Electric mobility solutions provider Magenta Mobility has revealed that it has concluded a Series A1 funding round, which has rung in USD 22 million equity investment coming in from UK-headquartered bp and Morgan Stanley India Infrastructure-managed investment fund. The firm has shared that with the freshly infused capital, it will look at fleet and geographical []

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Avendus Capital Places Indias Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, Indias largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade []

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There is no scheme for ore-refining, converting them into cathode materials Rajat Verma, CEO & Founder, Lohum

Powering next-gen li-ion battery mobility and energy solutions, making second lives for batteries a reality through reuse technology, and lithium ion battery recycling, Lohum is proving to be a gamechanger in the battery recycling and repurposing space. Rajat Verma, CEO & Founder, Lohum, offers insights into the battery recycling industry, providing an overview into the []

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Ex Meta Executive Satish Mittal Takes Over Reins of Chargeup as Chief Digital Officer

A builder of network of EV charging and battery swapping solutions, Chargeup, has announced the onboarding of former Meta Executive and ex-CTO, Vodafone, Satish Mittal, as the firms Chief Digital Officer. Assuming the new role, Satish will  be responsible for accelerating technology, digital, and partnerships initiatives for the brand. Satishs appointment comes at a juncture []

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Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023

Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth []

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Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver

Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping []

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