electric

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Solid Power’s Q1 Net Loss Widens to $19 Million on Higher R&D Expenses

Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), said its net loss widened to $19.2 million in the first quarter (Q1) of 2023...

May 17, 2023

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Gourav Mishra

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Other

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Renewable Energy
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New Energy Efficiency Rules to Save Americans $570 Billion Over 30 Years

The U.S. Department of Energy (DOE) has announced final energy efficiency rules for 16 product categories to help Americans save $570 billion in utility bills and cut...

May 8, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Government to Begin Auction for Lithium Reserves Found in J&K in December

The Government of India will auction the 5.9 million tons (mt) of lithium reserves found in Jammu and Kashmir’s (J&K) Reasi district in December this year, the...

May 2, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: Government Invites Bids from Merchant Bankers for IREDA IPO

The Ministry of Finance’s Department of Investment and Public Asset Management has invited bids from book-running lead managers (BRLMs) to help list the government’s...

April 28, 2023

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Mercom Staff

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Daily Wrap-up
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Hyundai Motor and SK ON to Invest $5 Billion for EV Battery Plant in US

Hyundai Motor Group said it will form a 50:50 joint venture with EV battery maker SK On to invest $5 billion in an electric vehicle (EV) battery cell production facility...

April 25, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Tesla’s Q1 Net Income Drops 24% Due to Lower Average Sales Price

U.S.-based electric vehicle maker Tesla reported a net income of $2.5 billion in the first quarter of the financial year (FY) 2023, a 24% year-over-year (YoY) drop. The...

April 20, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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NextEra’s Clean Energy Business’ Net Income Up 17% YoY in Q4 2022

The U.S.-based energy company NextEra Energy reported a net income of $1.52 billion for the fourth quarter (Q4) of 2022, up by 26.41% year-over-year (YoY), driven...

January 27, 2023

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Gourav Mishra

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Energy Storage

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Finance and M&A
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Euler Motors Closes Series A Funding Round with Additional $2.6 Million Raise

New Delhi-based electric vehicle (EV) maker Euler Motors announced that it had raised an additional $2.6 million in Series A funding from ADB Ventures – the...

March 18, 2021

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Nithin Thomas

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Electric Vehicles

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Grid
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Andhra Pradesh Invites Bids to Procure Electric Two-Wheelers for Government Employees

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has invited expressions of interest for electric two-wheelers for use by state...

March 10, 2021

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Nithin Thomas

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Electric Vehicles

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Market & Policy
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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)...

March 5, 2021

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Nithin Thomas

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Electric Vehicles

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Market & Policy
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Karnataka Invites Bids for 50 Electric Buses under FAME II Program

The North Western Karnataka Road Transport Corporation (NWKRTC) has floated a tender for 50 electric buses under the gross cost contract (GCC) model under the Faster...

February 26, 2021

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Nithin Thomas

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Electric Vehicles

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Tenders & Auctions
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Kerala Budget Proposes ₹2.5 Billion Loan for Rooftop Solar, Cuts Tax on EVs

Kerala’s Finance Minister Thomas Isaac announced a 50% reduction in motor vehicle tax for electric, fuel cell, and full hybrid battery electric vehicles (EV) for five...

January 18, 2021

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Nithin Thomas

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Grid

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Market & Policy
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Indian Oil Corporation Invites Bids for 15 Fuel Cell Electric Buses in Faridabad

The Indian Oil Corporation (IOC) has floated a tender for 15 hydrogen polymer electrolyte membrane (PEM) fuel cell electric buses to be supplied at its research and...

January 11, 2021

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Nithin Thomas

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Electric Vehicles

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Grid
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No Registration Fee or Road Tax for First 200,000 Electric Two-Wheelers in Telangana

The Government of Telangana has released its new Electric Vehicle (EV) and Energy Storage Policy for 2020-2030, announcing subsidies, policy measures, and other...

November 3, 2020

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Nithin Thomas

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Grid

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Market & Policy
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Proposals Invited for Installing EV Charging Infrastructure on Highways & Expressways

The Department of Heavy Industry (DHI) has issued an expression of interest (EoI) inviting proposals for setting up public electric vehicle (EV) charging infrastructure...

October 13, 2020

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Nithin Thomas

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Electric Vehicles

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Grid

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