electrification

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Canada Launches $1.1 Billion Fund for Critical Minerals Development

Canada’s Ministry of Energy and Natural Resources has launched a CA$1.5 billion (~$1.1 billion) fund to develop critical minerals infrastructure to be spent over seven...

November 24, 2023

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Staff

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Other

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Renewable Energy
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Hyundai to Manufacture 200,000 EVs Annually at New South Korea Plant

Car maker Hyundai Motors is setting up a new electric vehicle (EV) plant in Ulsan, South Korea, with an investment of KRW2 trillion ($1.53 billion). The construction for...

November 13, 2023

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Staff

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Electric Vehicles

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Manufacturing
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Maharashtra Transport Corporation Invites Bids for 11 EV Charging Stations

Maharashtra State Road Transport Corporation (MSRTC) has floated separate tenders for installing 11 electric vehicle (EV) charging stations around different bus and...

October 26, 2023

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Gautamee Hazarika

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Electric Vehicles

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Tenders and Auctions
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Birla Carbon Acquires Belgium-based Battery Materials Maker Nanocyl

Birla Carbon, a group company of the diversified Aditya Birla Group, has acquired Nanocyl, a multi-wall carbon nanotube (MWCNT) manufacturer based in Sambreville,...

October 12, 2023

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Staff

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Electric Vehicles

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Finance and M&A
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Global Investments in Clean Energy to Reach $1.8 Trillion in 2023: IEA

Global investments in clean energy could reach an unprecedented $1.8 trillion in 2023, but this must increase significantly to about $4.5 trillion annually by early 2030...

September 29, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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CESL Invites Bids to Deploy 2,000 Electric Cars Across India

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids to appoint a service provider to...

September 25, 2023

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Gautamee Hazarika

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Electric Vehicles

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Tenders and Auctions
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Hero MotoCorp Approves ₹5.5 Billion Investment in Ather Energy

The Board of Directors of Hero MotoCorp approved an investment of up to ₹5.5 billion (~$66.3 million) in the rights issue of Indian electric two-wheeler company Ather...

September 5, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Cabinet Approves ₹576 Billion Program to Boost Urban Electric Mobility

In a move towards promoting sustainable urban transportation and economic growth, the Union Cabinet has approved the “PM-eBus Sewa” program, under which  10,...

August 16, 2023

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Gautamee Hazarika

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Electric Vehicles

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Markets & Policy
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Maharashtra Invites Bids to Set Up 310 EV Charging Stations

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has invited bids to empanel agencies for two years to set up 310 electric vehicle charging...

August 16, 2023

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Gautamee Hazarika

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Electric Vehicles

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Tenders and Auctions
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India’s Solar Module Manufacturing Capacity Grows Ten-fold Within a Decade

India’s solar module manufacturing capacity has witnessed a staggering tenfold growth, soaring from 2.4 GW per annum in 2014 to an impressive 25 GW per annum in...

August 8, 2023

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Gautamee Hazarika

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Manufacturing

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Markets & Policy

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Solar
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Rising Demand for Electric Vehicles Fuels 35% Sales Growth Forecast in 2023

Over 10 million electric cars were sold globally in 2022, and the sales are anticipated to increase by 35% this year, reaching a total of 14 million, finds a report by...

April 27, 2023

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Gautamee Hazarika

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Electric Vehicles

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Other

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Renewable Energy
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US Opens Applications for $2.5 Billion Program to Build EV Infrastructure

The Biden-Harris Administration opened applications for a new multi-billion-dollar program to fund electric vehicle (EV) charging and alternative-fuelling infrastructure...

March 15, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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EV Startup FreshBus Raises ₹260 Million Seed Investment from ixigo

Bengaluru-based electric vehicle startup FreshBus has secured ₹260 million (~$3 million) in seed funding from ixigo, an AI-based travel app, for the launch of inter-city...

February 17, 2023

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Gautamee Hazarika

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Electric Vehicles

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Energy Efficiency

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Finance and M&A
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Electric Vehicle Chargers Spending to Hit $200 Billion by 2026: BNEF

Total investment in electric vehicle chargers is set to cross $100 billion in 2023, and the next $100 billion of spending is expected to be achieved within the next...

February 1, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Rajesh Exports Signs Agreement for 5 GWh Lithium-Ion Cell Factory in Karnataka

Bengaluru-headquartered Rajesh Exports, through its subsidiary ACC Energy Storage, has signed an agreement with the Union Ministry of Heavy Industries (MHI) and the...

January 25, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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