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HomeElectric vehicles

Electric vehicles

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Projects

Blue Energy Motors inks MoU with Maharashtra government for EV Truck manufacturing facility

January 23, 2025

Blue Energy Motors, a partner in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, involving an investment of Rs 35 billion to establish a manufacturing facility for […]

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Projects

Refex Green Mobility to acquire Gensol’s 2,997 EVs and associated debt of Rs 3.15 billion

January 17, 2025

Refex Green Mobility Limited will acquire 2,997 electric four-wheelers from Gensol Engineering Limited as part of a strategic tie-up. The agreement involves the transfer of an associated term loan of Rs 3.15 billion, streamlining operations […]

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Miscellaneous

Exide Industries invests Rs 1499.9 million in lithium battery subsidiary

January 16, 2025

Exide Industries Limited has invested Rs 1499.90 million in its lithium battery subsidiary, Exide Energy Solutions Limited (EESL), through a rights-based equity subscription. This brings Exide’s total investment in EESL to Rs 33,022.3 million, inclusive […]

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Financings

Shriram Finance consolidates green financing initiatives under Shriram Green Finance

December 23, 2024

Shriram Finance Limited has consolidated its green financing initiatives under a new vertical, Shriram Green Finance, which will focus on funding sustainable projects beyond electric vehicles (EVs). The vertical will prioritise the financing of EVs, […]

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Miscellaneous

UltraTech deploys 100 EV trucks for logistic operations

November 19, 2024

UltraTech Cement Limited is scaling up the use of electric trucks in its logistics operations. The company has contracted 100 EV trucks to transport 75,000 tonnes of clinker monthly over a 400-km roundtrip between its […]

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Policies and Programmes

Government Launches Rs 109 billion PM E-Drive Scheme to Boost Electric Vehicle Adoption

October 3, 2024

The Ministry of Heavy Industries (MHI) has announced the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme. With an outlay of Rs 109 billion, this initiative is designed to accelerate the adoption […]

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Policies and Programmes

MoP releases guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024

September 23, 2024

The Ministry of Power has released guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024. These guidelines will apply to public, semi-public, and private charging stations across India, including utilities, central and state agencies. […]

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Projects

Amazon and Gentari partner to deploy EVs in India

August 14, 2024

Amazon India and Gentari Green Mobility India (Gentari) have announced a fleet management collaboration to deploy electric vehicles (EVs) in India. The aim is to increase zero-tailpipe emission deliveries in India. Gentari will procure and […]

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Miscellaneous

Bhupathi Raju Srinivasa Varma shares subsidy outlay for EV charging stations

August 8, 2024

The Minister of Heavy Industries and Steel, Bhupathi Raju Srinivasa Varma in a written reply in the Lok Sabha gave an update on the status of charging stations in India. Under Phase-II of FAME India scheme, […]

Expert Take

Ensuring Recovery: Critical role of recycling of critical metals in lithium-ion batteries

June 24, 2024

By Prassann Daphal, Chief Executive Officer, Recyclekaro The global transition to renewable energy and electric mobility hinges significantly on the efficiency and sustainability of lithium-ion batteries. These batteries, the backbone of modern electronics and electric […]

Finance

Shifting Gears: Strategies to de-risk EV financing

April 10, 2024

India’s electric vehicle (EV) market is experiencing substantial growth, with a notable surge in EV sales over the past two years. Specifically, electric two-wheeler sales have increased by 41 per cent and electric three-wheeler sales […]

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Policies and Programmes

India’s new EV policy spurs global manufacturers to produce locally

March 18, 2024

In an effort to position India as a prime manufacturing hub for electric vehicles (EVs), the government has introduced attractive provisions in its new EV policy. The policy provides global manufacturers with a discounted customs […]

Knowledge Bank

The Role of E-fuels in Decarbonising Transport: Report

February 23, 2024

The report “The Role of E-fuels in Decarbonising Transport” by IEA focuses on the low emissions fuel for accelerating the decarbonisation of the transport sector. Significant reductions in fossil fuel demand are possible in road […]

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Financings

Pure EV secures $8 million investment to expand sales network across India

February 23, 2024

Pure EV, an electric vehicle manufacturer based in Hyderabad, has successfully raised $8 million in its latest funding round to support the expansion of its sales network in India, aiming to increase the number of […]

Knowledge Bank

EVs as an attractive flexibility solution for the power system

November 17, 2023

CEA has recently released a report titled “Electric Vehicle Utilisation for Vehicle-to-Grid (V2G) Services”. The report provides a brief overview of the services that EVs can provide to the power system through smart charging, key challenges, […]

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Projects

Kolkata Police invites bids for supply and maintenance of EVs

August 24, 2023

Kolkata Police has issued a request for proposals (RfP) for supply and maintenance of 200 four-wheeler electric vehicles (EVs). According to the tender guidelines, the bidders are required to submit Rs 9 million as an […]

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Miscellaneous

Greenfuel and Ventrex collaborate for hydrogen solutions

August 11, 2023

Clean mobility solution provider, Greenfuel Energy Solutions, has partnered with Ventrex, a global leader in electronic pressure regulation for hydrogen, CNG, and LNG. The two companies have partnered for delivering green hydrogen and advanced natural […]

Knowledge Bank

Towards Decarbonising Transport 2023: NITI Aayog, GIZ and Agora Verkehrswende Report

July 28, 2023

NITI Aayog, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and Agora Verkehrswende collaborated and released a report titled “Towards Decarbonising Transport 2023: A Stocktake on Sectoral Ambition in the G20.” The study examines the current […]

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International News

Avalon, Metso enter MoU to build lithium processing plant

July 12, 2023

Metso has entered into a strategic partnership with Canadian mineral development company, Avalon Advanced Materials, to establish terms to develop a lithium hydroxide production facility. The facility will process lithium mineral concentrates that are essential […]

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International News

LGES, Stellantis resume Ontario plant construction as subsidy deal reached

July 6, 2023

Stellantis, a global automaker, and LG Energy Solution, a South Korean battery manufacturer, have resumed construction at their joint-venture electric vehicle (EV) battery plant in Canada after securing an enhanced package of government subsidies. The […]

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