Category: Power

Volkswagen AG’s top U.S. executive said that the United States faces major challenges in ramping up battery production to facilitate a shift to electric vehicles including attracting skilled workers, mining for key metals and supply chain issues. Scott Keogh, chief executive of Volkswagen Group of America, told an Automotive News forum in Washington that the […]

Despite the promise of a worldwide green recovery in the wake of the Covid-19 pandemic, this historic opportunity has been lost, says a report, but India ranked third globally for total renewable power capacity additions with 15.4 GW in 2021, following only China (136 GW) and the US (43 GW). REN21’s Renewables 2022 Global Status […]

Alsym Energy, a seven-year-old Massachusetts startup, aims to halve the cost of electric vehicle batteries with a new design that eliminates lithium and cobalt, two increasingly costly ingredients in many current EV batteries, the company said. One of the company’s goals is to help make EVs more affordable for a greater portion of the world’s […]

NEW DELHI: Jio-bp — the fuel and mobility joint venture between Reliance Industries Ltd and supermajor bp — on Wednesday said it will provide battery swapping facility to Electric Vehicles (EVs) of food delivery app Zomato. Jio-bp said it has entered into an agreement with the food delivery firm “to support Zomato’s commitment towards The […]

Greek power utility Public Power Corp. (PPC) said it was buying an e-mobility services startup to help upgrade its expanding network of charging stations for electric vehicles. The startup, called Carge, has developed a mobile application that allows electric vehicles drivers to find the quickest route to a charging station in Greece. “Integrating Carge’s digital […]

AHMEDABAD: Reaffirming its inclination to add renewable energy capabilities, Torrent Power Limited on Monday announced it has completed the acquisition of the 50MW power plant from Sunshakti Solar Power Projects (special purpose vehicle). The SPV operates the plant in Telangana and the deal has been closed for Rs 416 crore. With the acquisition of 50 […]

The United Arab Emirates-based company META4 on Monday announced to invest Rs 250 crore to set up an electric two-wheeler manufacturing plant in Telangana. The plant will help create nearly 500 direct and 2,000 indirect jobs in the state. The Telangana government will provide 15 acres of subsidised land in the national investment and manufacturing […]

NEW DELHI: As the Niti Aayog steps up to finalise the ‘Battery Swapping Policy’ for electric vehicles (EVs), automobile industry and some government departments have flagged their concerns over the plan to fix parameters like the dimension of batteries while standardising the swapping norms, TOI has learnt. According to sources, they have said such a […]

Chennai: India’s EV sales are all set to hit 800,000-900,000 units this financial year — a trebling of numbers from 340,000 units in FY21-22. “Other than the fires everything that had to happen right has happened right with petrol prices going northward, critical mass of EV sales, new products with good range and customers getting […]

Chennai: Battery swapping for electric vehicles (EVs) should focus on higher-range vehicles, as lower availability of docks initially would force users to make detours for a swap, industrialists said. This came in response to a draft policy by government think tank Niti Aayog. They, however, agreed that swapping was a welcome move to jump-start the […]

India’s EV sales are all set to hit 800,000-900,000 units this financial year — a trebling of numbers from 340,000 units in FY21-22. “Other than the fires everything that had to happen right has happened right with petrol prices going northward, critical mass of EV sales, new products with good range and customers getting the […]

SHANGHAI: Chinese electric-car maker Nio said that in 2024 it will start making high-voltage battery packs that it has developed itself, as part of a drive to improve profitability and competitiveness to take on rivals such as Tesla. Nio, plans to start producing an 800-volt battery pack in the second half of 2024, its chairman […]