Electric Vehicles

KoBold Raises Over $190 M to Source Metals for EV Batteries

Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […]

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India’s 1st Virtual Marketplace for EVs is All Set for Launch

Electric vehicles (EVs) have begun making inroads into common Indian households as a result of rising innovative collaborations among automobile manufactures, battery producers, research institutes and the government. In anticipation of a fast approaching boom in the sector, the country’s first virtual e-mobility marketplace – EV MARKETZ – is all set for a launch. The […]

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Tata Group declines to participate in ‘EV Battery’ PLI Scheme

The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […]

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Charged Up! EV Sales to Hit One Million Per Month Mark Soon

After a record-setting milestone of electric vehicles sales, almost doubling in 2021 to 6.6 million compared to 3 million of a year earlier, a more ambitious question emerges. When will the EV sales hit a million per month milestone? The year 2021 was the harbinger for electric vehicles. The market hit an all time high […]

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WB E-Vehicle Plans Stumped by Shortage of Lithium-ion Batteries

The high dependence on imported lithium ion batteries (cells) is taking a toll on the vehicle industry that looks for a quick and quality transition from fossil fuel based to electricity mode. This time the Transport Minister of West Bengal – Firhad Hakim – has said that the state is not able to expand its […]

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Government to come up with ‘Incentives’ for Battery Swap in Two Months

The run for renewables and decrease the carbon footprint looks quite robust as too much is happening this week. Just as Finance Minister had declared a battery swapping scheme in the Union Budget to promote faster adoption of electric vehicles (EV), government sources are saying that the concerned department is about to finalise the incentives […]

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EV Push Continues To Gather Pace With NITI Aayog Shoonya Campaign

India’s foremost planning body the NITI Aayog, has added over 70 corporate partners from e-commerce, ride-hailing, logistics and manufacturing ecosystems for its Shoonya campaign. A NITI Aayog, RMI and RMI India initiative to promote zero-pollution mobility across the nation, the campaign aims to promote the use of electric vehicles (EVs) for deliveries and rides through […]

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Tube Investments to form Subsidiary to Increase Focus on Clean Mobility

Murugappa group company Tube Investments of India (TII) will form a new 100% subsidiary which will consolidate its electric three-wheeler and other EV-related ventures. Through this clean mobility subsidiary, Tube Investments of India (TII) will acquire around 70% controlling stake in Cellestial E-Mobility for an investment of Rs 161 crore. The acquisition would be through […]

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IIT Researchers Develop New Tech to Cut EV Charging Costs by Half

Researchers from various IITs have developed a new technology for charging Electric Vehicles which costs about half of the current on-board charger technology and can help to significantly reduce the cost of two-and-four-wheeler EVs. According to the team, the lab scale development has already been done at IIT (BHU) and upgradation and commercialisation was in […]

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