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Spanish Firm Designs System To Maximize RE In Commercial Buildings

Spain-based Wallbox has unveiled Sirius: an innovative energy management solution designed to maximize use of renewable energy in commercial buildings. Representing a big shift from the traditional one-direction flow of electricity from the grid to the building, Sirius is capable of managing various energy sources and will automatically choose the greenest or cheapest one available […]

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Pune’s goEgoNetwork EV Charging Startup Secures $2 Million Seed Funding

Pune’s goEgoNetwork is an Indian EV charging startup that will provide EV chargers to you whether you are at home, at work, or traveling to your weekend getaway destination. Pune’s goEgoNetwork is electric vehicles (EV) Charging Startup Secures $2 Million Seed Funding. Recently the two-year-old startup has secured $2 million in seed funding to expand […]

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Global EV Charging Station Market to Reach $93 Billion by 2027: Report

The global Electric Vehicle Charging Station (EVCS) market has been fuelled by a growing awareness of environmental conservation and carbon emission reduction. Hence, it has been estimated that the global EVCS market will grow at a compound annual growth rate (CAGR) of 20% from 2021 to 2027 and reach $93 billion by 2027, according to […]

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Over 5.17 Lakh EVs Registered over Three Years in India Under FAME

The Ministry of Heavy Industries of India declared that India registered a total of 5,17,322 electric vehicles (EVs) over three years under the FAME scheme.  Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme was launched in 2015 to promote the adoption of EVs in the country. At present, Phase-II […]

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Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021

The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […]

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Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx

UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into  EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […]

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States with Attractive Subsidies Under Their EV Policies

States with new or modified Ev policies giving subsidies over and above the central government’s subsidies under FAME II. The country is in a constant hustle to ramp up EV adoption. Although the central government has brought up schemes like Faster Adoption and Manufacturing of Electric Vehicles (FAME I and FAME II). Recently the government […]

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ETO Motors Arrives In Hyderabad During ‘Go Electric’ Campaign

Hyderabad-based electric mobility as a service (EMaaS) provider, ETO Motors showcased its passenger and cargo vehicles ETO TRILUX & ETO Bulke Plus at the launch of the ‘Go Electric’ Campaign in Hyderabad. The campaign has been supported by the Bureau of Energy Efficiency (BEE) and Telangana State Renewable Energy Development Corporation Ltd. (TSREDCO).  ETO Motors deploys electric […]

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India Needs 4 Lakh Charging Stations for 20 Lakh EVs by 2026

According to a new report by Grant Thornton Bharat-Ficci, India needs around four lakh charging stations for 20 lakh electric vehicles (EVs) by the year 2026. The report that came on Sunday said that to achieve its target of 100 percent electric mobility by 2030, India needs to focus on key points, including increasing government […]

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