vehicles

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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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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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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...

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CESL to Lease 3,500 Electric Cars, Invites Bids

Convergence Energy Services (CESL), a wholly-owned subsidiary of Energy Efficiency Services (ESSL), has invited price bids to lease 3,500 electric four-wheelers (cars)...

January 9, 2023

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Gourav Mishra

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Electric Vehicles

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Grid
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Unfit 20-Year Old Private Vehicles to be Deregistered Under ‘Vehicle Scrapping Policy’

Speaking in the Lok Sabha, the Minister of Road Transport & Highways, Nitin Gadkari, announced the ‘Vehicle Scrapping Policy.’ “In the interest of...

March 19, 2021

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Rakesh Ranjan

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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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Inclusion of Hydrogen Fuel Safety Standards Proposed in the Central Motor Vehicles Act

The Ministry of Road Transport and Highways (MORTH) has proposed amendments to the Central Motor Vehicles Rules, 1989, to include safety evaluation standards for...

July 23, 2020

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Nithin Thomas

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Electric Vehicles

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Grid
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NVVN Issues EoI for 10 Fuel Cell Electric Vehicles for Public Transport in Leh, New Delhi

The NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of the NTPC, has issued a global expression of interest (EOI) for ten fuel cell electric vehicles...

April 28, 2020

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Nithin Thomas

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Energy Storage

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Tenders & Auctions
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2019: A Year of Positive Momentum for India’s EV Sector

The electric vehicle sector in India saw a lot of positive moves in 2019, with the launch of FAME India – II, introduction of tax exemptions for buyers, subsidies for...

December 11, 2019

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Nithin Thomas

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Electric Vehicles

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Grid

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