EV Makers Expect Tax Cuts and Incentives in Budget 2023

EV Makers Expect Tax Cuts and Incentives in Budget 2023

The Indian electric vehicle (EV) industry is hoping for the government to rationalize the indirect tax structure on EV components and extend the rollout of incentives under the Faster Adoption ...
Shell to Acquire US-based EV Charging Firm Volta for $169 Million

Shell to Acquire US-based EV Charging Firm Volta for $169 Million

Shell USA, a subsidiary of the oil major Shell, has acquired Volta, a U.S.-based Electric Vehicle (EV) Infrastructure company, in an all-cash transaction valued at approximately $169 million. The acquisition ...
Researchers Use Compression to Raise Lithium Cell Cycle Life by 40%

Researchers Use Compression to Raise Lithium Cell Cycle Life by 40%

Researchers at the ARC Training Centre for Future Energy Storage Technologies (storEnergy) found that the suppression of the lithium metal creep (Li-creep) under controlled conditions can extend the cell cycle ...
/ / Energy Storage, Technology
Industry Expects Electric Vehicle Sales to Build on Blockbuster 2022

Industry Expects Electric Vehicle Sales to Build on Blockbuster 2022

The electric vehicle (EV) industry is entering the new year on the back of blockbuster sales in 2022 when it clocked one million units, a growth of over 300%, as ...
Two And Three-Wheelers Dominate India’s 1.8 Million Registered Electric Vehicles

Two and Three-Wheelers Dominate India’s 1.8 Million Registered Electric Vehicles

India has more than 1.8 million registered electric vehicles (EVs), with Uttar Pradesh accounting for nearly 23% of the total at 0.41 million, Nitin Gadkari, Minister of Road Transport and ...
/ / Other, Renewable Energy
EV Charging Company ChargePoint’s Q3 FY23 Loss Widens to $84.5 Million

EV Charging Company ChargePoint’s Q3 FY23 Loss Widens to $84.5 Million

Electric vehicle (EV) charging solution provider ChargePoint Holdings recorded a net loss of $84.5 million in the third quarter (Q3) of the fiscal year (FY) 2023, compared to a loss ...
/ / Electric Vehicles, Other
Pune Municipal Corporation Invites Bids to Set Up Electric Vehicle Charging Stations

Pune Municipal Corporation Invites Bids to Set Up Electric Vehicle Charging Stations

Pune Municipal Corporation (PMC) invites proposals for the commissioning, operation, and maintenance of electric vehicle (EV) charging stations for the public at designated locations in Pune. PMC has issued a ...
Goa Invites Bids to Set Up 40 Electric Vehicle Charging Stations

Goa Invites Bids to Set Up 40 Electric Vehicle Charging Stations

Goa Energy Development Agency (GEDA) invites expressions of interest cum bids for the commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various locations in Goa. The ...
Daily News Wrap-Up: Hero MotoCorp Partners with HPCL to Deploy EV Charging Stations Across India

Daily News Wrap-Up: Hero MotoCorp Partners with HPCL to Deploy EV Charging Stations Across India

Here are some noteworthy cleantech announcements of the day from around the world: Hero MotoCorp and Hindustan Petroleum Corporation (HPCL) entered into a collaboration to establish charging infrastructure for electric ...
/ / Other, Renewable Energy
EV Charging Startup Exponent Energy Raises $13 Million in Series A Funding Round

EV Charging Startup Exponent Energy Raises $13 Million in Series A Funding Round

Electric vehicle (EV) charging startup Exponent Energy secured $13 million in its Series A funding round. The funding round led by Lightspeed Venture Partners saw participation from existing investors like ...
EV Charging Company ChargePoint’s Revenue Up 90% YoY in Q4 FY 2022

EV Charging Company ChargePoint’s Revenue Up 90% YoY in Q4 FY 2022

U.S.-based electric vehicle (EV) charging network company ChargePoint has released the financial results for the fourth quarter (Q4), and the fiscal year (FY) 2022 ended January 31, 2022. The company ...
Daily News Wrap-Up MNRE Approves 400 MW Solar Park in Himachal Pradesh by SJVN

Daily News Wrap-Up: MNRE Approves 400 MW Solar Park in Himachal Pradesh by SJVN

Here are some noteworthy cleantech announcements of the day from around the world: Ministry of New and Renewable Energy (MNRE) has granted in-principle approval to SJVN to develop a 400 ...
/ / Other, Renewable Energy
Electric Vehicle Sector Lays Out Expectations for Budget 2022

Electric Vehicle Sector Lays Out Expectations for Budget 2022

The Indian electric vehicle (EV) industry is expecting favorable announcements as the Union Finance Minister, Nirmala Sitharaman, is set to present that Budget 2022 on February 1. Last year proved ...
/ / Electric Vehicles, Grid
Top Developments That Shaped the Electric Vehicle Industry in 2021

Top Developments That Shaped the Electric Vehicle Industry in 2021

India’s electric vehicle (EV) policies announced by the Union government and state governments saw established EV players accelerate manufacturing even as several startups entered the market in 2021. As of ...
/ / Electric Vehicles, Grid
EV Charging Startup Exponent Energy Raises $5 Million in Pre-Series A Round

EV Charging Startup Exponent Energy Raises $5 Million in Pre-Series A Round

Electric vehicle (EV) charging startup Exponent Energy has secured $5 million in its pre-series A round of funding. The round was led by YourNest VC, with participation from 3one4 Capital, ...
Daily News Wrap-Up: Hydrogen Solutions Provider Plug Power Acquires Frames Group

Daily News Wrap-Up: Hydrogen Solutions Provider Plug Power Acquires Frames Group

Here are some noteworthy cleantech announcements of the day from around the world: Turnkey hydrogen solutions provider Plug Power completed the acquisition of Frames Group, a  turnkey systems integration provider ...
/ / Other, Renewable Energy
US Could Have up to 35 Million Electric Vehicles on Roads by 2030: SEPA

US Could Have Up to 35 Million Electric Vehicles on Roads by 2030: SEPA

The United States would have 10 million to 35 million electric vehicles on roads by 2030. This will generate around 100 TWh of new power demand annually, according to a ...
/ / Electric Vehicles, Grid
Over 165,000 EVs Deployed With ₹5.64 Billion Incentives Under FAME-II Program

Over 165,000 EVs Deployed with ₹5.64 Billion Incentives Under FAME-II Program

As of November 25, 2021, over 165,000 electric vehicles (EVs) have been supported through demand incentives of ₹5.64 billion (~$75.36 million) under the second phase of the Faster Adoption and ...
Daily News Wrap-Up: Hild Energy to Set Up a 50 MW Solar Project for Coal India Subsidiary

Daily News Wrap-Up: Hild Energy to Set Up a 50 MW Solar Project for Coal India Subsidiary

Here are some noteworthy cleantech announcements of the day from around the world: Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, has awarded Chennai-based solar energy solutions provider ...
/ / Other, Renewable Energy
Daily News Wrap-Up MYSUN Wins 140 MW of Captive Open Access Solar Projects

Daily News Wrap-Up: MYSUN Wins 140 MW of Captive Open Access Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Distributed solar company MYSUN has won 140 MW of solar projects under the captive open access mode ...
/ / Other, Renewable Energy
Pune-based EV Charging Startup goEgoNetwork Raises $2 Million in Seed Funding

Pune-based EV Charging Startup goEgoNetwork Raises $2 Million in Seed Funding

Pune-based startup providing electric vehicle (EV) charging solutions goEgoNetwork has raised $2 million in seed funding to expand its electric charging network. Rishi Bagla, Chairman of Bagla Group, an auto component manufacturer, ...
/ / Finance and M&A, Other
EV Charging Company ADS-TEC Energy to Go Public in a $580 Million SPAC Deal

EV Charging Company ADS-TEC Energy to Go Public in a $580 Million SPAC Deal

ADS-TEC Energy, a Germany-based electric vehicle (EV) charging company, has signed a definitive business combination agreement with European Sustainable Growth Acquisition Corporation (EUSG), a special purpose acquisition company, resulting in ...
/ / Finance and M&A, Other
EV Charging Company Allego to Go Public in a $3.14 Billion SPAC Deal

EV Charging Company Allego to Go Public in a $3.14 Billion SPAC Deal

Allego, an electric vehicle (EV) charging network company, has signed an agreement for a business combination with Spartan Acquisition Corp III, a special purpose acquisition company (SPAC), resulting in Allego becoming ...
/ / Finance and M&A, Other
Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters

Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters

The Transport Department of the Government of Meghalaya has issued the 'Meghalaya Electric vehicle Policy, 2021', which aims to see electric vehicles (EV) representing 15% of the state's overall vehicle ...
Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure

Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure

Sterling and Wilson, Mumbai-based engineering, procurement, and construction company, has signed a joint venture (JV) agreement with U.S.-based energy solutions company Enel X to enter the e-mobility segment in India. The companies ...
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