electric-vehicle

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Daily News Wrap-Up: Renewable Capacity Growth Hit by Power Transmission Delays

Power evacuation infrastructure growth in India has lagged behind the pace of power capacity additions due to unique challenges faced by transmission projects, with...

September 10, 2024

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Staff

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Daily Wrap-up
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EV Charging Aggregator ElectricPe Raises $ 3 Million from Green Frontier Capital

Electric Vehicle (EV) charging aggregator ElectricPe has raised funding of $3 million pre-series A Round from Green Frontier Capital, an early-stage venture capital fund....

July 30, 2024

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Tina Freese

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Electric Vehicles

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Finance and M&A
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Battery Smart Secures $65 Million to Expand EV Battery Swapping Network

Battery Smart, a battery swapping network for electric two- and three-wheelers, has secured $65 million in a Series B funding round led by LeapFrog Investments. This...

June 20, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: SECI Invites Bids for 500 MW Wind Projects

Solar Energy Corporation of India (SECI) has invited bids to select wind power developers to set up 500 MW ISTS-connected wind power projects anywhere in India...

May 31, 2024

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Mercom Staff

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Daily Wrap-up
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EV Firm Euler Secures ₹2 Billion in Series C Funding Round

Electric vehicle (EV) company Euler Motors has closed its Series C funding round, securing ₹2 billion (~$23.9 million) and taking the total funding raised so far to ₹5.7...

May 30, 2024

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Mobility Solutions Firm Matel Aims for Growth with $4M Funding

Pune-based mobility and energy solutions provider Matel has secured $4 million in Series A financing, spearheaded by Transition VC. Gruhas and Haresh Abichandani,...

May 20, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: SJVN Tenders 1.5 GW Wind-Solar Hybrid Projects

SJVN Green Energy, a subsidiary of SJVN, has invited bids to select developers to set up 1,500 MW of Interstate Transmission System (ISTS)-connected wind and solar...

February 5, 2024

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Mercom Staff

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Daily Wrap-up
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Tesla’s Net Income in 2023 Drops 23%, Energy Storage Deployments Surge 125%

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.4 billion in the fourth quarter (Q4) of the financial year (FY) 2023, a 39% year-over-year (YoY)...

January 25, 2024

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Market & Policy
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Gensol Engineering’s Net Profit Surges Eight Fold to ₹120 Million in Q3 FY24

Engineering and consulting firm Gensol Engineering posted a net profit of ₹123.1 million (~$1.5 million) in the third quarter (Q3) of the financial year (FY) 2024, an...

January 24, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: NTPC’s 4.1 MW Rooftop Solar Projects

NTPC has invited bids for the engineering, procurement, and construction of grid-connected rooftop solar power projects with a cumulative capacity of 4,106 kW at five...

January 4, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: SECI’s Green Hydrogen Manufacturing Auction

Reliance Green Hydrogen and Green Chemicals (Reliance), ACME Cleantech Solutions, Greenko ZeroC (Greenko), HHP Two (Hygenco), and Bharat Petroleum Corporation were among...

January 3, 2024

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Mercom Staff

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Daily Wrap-up
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Top Developments That Shaped the Electric Vehicle Industry in 2023

As of September 2023, EV sales in India totaled 371,214 units, indicating a year-over-year increase of 40% compared to the 264,781 units sold in the corresponding period...

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Daily News Wrap-Up: MPERC Rejects Plea for Imposing Grid Support Charges on Rooftop Solar

Madhya Pradesh Electricity Regulatory Commission has rejected a petition filed by Madhya Pradesh Power Management Company and state power distribution companies...

December 20, 2023

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Mercom Staff

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Daily Wrap-up
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Exponent Energy Secures $26.4 Million in Series B Funding to Propel Expansion

Bengaluru-based electric vehicle (EV) charging and battery startup Exponent Energy has raised $26.4 million in a series B funding round led by Eight Roads Ventures and a...

December 14, 2023

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Gautamee Hazarika

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Electric Vehicles

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Grid

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Market & Policy
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India-based KPIT Unveils Indigenous Sodium-Ion Battery Technology

Pune-headquartered KPIT Technologies, an autonomous software integration partner for the automotive and mobility sector, has introduced its sodium (Na)-ion battery...

December 14, 2023

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Gautamee Hazarika

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Energy Storage

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Markets & Policy

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