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StoreDot in Strategic Collaboration with Volvo Cars for EV Cells

StoreDot, which delves into extreme fast charging (XFC) battery technology for electric vehicles, has signed a ]multi-year agreement with Volvo Cars to develop an optimized battery for next generation Volvo cars. The collaboration, with experts from Volvo Cars and StoreDot working together, will lead to the development of XFC cells which will be optimized and []

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EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report

The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual 2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and []

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Shuzlan Energy, Transvolt Mobility in Deal For 350 Bus Charging Points

Shuzlan Energy Private Limited, a trailblazing name in the EV charging infrastructure sector, has announced a significant partnership with Transvolt Mobility. This strategic collaboration marked a key milestone in the journey towards electrifying public transportation with the signing of an agreement to provide Indias largest EV Charging Point Operator (CPO) infrastructure for 1,000 buses. These []

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Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower

Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in []

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Magenta Mobility Secures Debt Financing from SIDBI for EV Deployment in Delhi NCR

Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across Delhi-NCR region. []

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CSIR-CMERI Scientists Develop Made in India Electric Tractors

West Bengal-based Central Mechanical Engineering Research Institute (CMERI) has now developed an indigenously developed fully electric tractor named for farmers. CMERI operates under the Council of Scientific and Industrial Research (CSIR) of the Indian government. CMERI has named the electric tractor CSIR Prima ET 11.  CMERI claimed that the electric vehicle was produced only with []

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Electric Supply Chain Firm ZEVO Secures Funding from Agility Ventures

ZEVO, a completely integrated electric supply chain and warehousing platform, announced today that it has successfully raised funding from Angel Fund Agility Ventures. The funding will be utilized to further expand ZEVOs fleet of electric vehicles and micro storages, focusing on last-mile delivery and integrated logistics solutions along with electric refrigerated deliveries. As investors, we []

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Godawari Electric Motors Ventures into EV Two-Wheeler Segment

Godawari Electric Motors, manufacturers of the Eblu range of electric two and three-wheelers, today announced the launch of family e-scooter, Eblu Feo. This is the first product from the company in the EV two-wheeler segment in India. The pre-bookings for Eblu Feo commenced on August 15, 2023 and the deliveries will start from August 23, []

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Power Consumption By EVs Up 216% In Maharashtra

In a sign of things to come across more and more states in India, the sale of power for electric vehicles in the state has increased by 216% in ten months from 4.56 million units in September 2022 to 14.44 million units in July 2023, Chairman and Managing Director of Maharashtra State Electricity Distribution []

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