Electric Vehicles

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ChargePoint’s Q1 Net Loss Narrows 11% YoY on the Back of Higher Income

Electric vehicle (EV) charging solution provider ChargePoint’s net loss narrowed by 11% year-over-year (YoY) to $79.4 million for the first quarter (Q1) of the financial...

June 2, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Sheru’s Vehicle-to-Grid Station to Support Delhi DISCOM’s Peak Power Demand

New Delhi-based electricity distribution services company BSES Rajdhani Power (BRPL) has partnered with energy storage and software company Sheru to develop a...

May 24, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Siemens to Acquire Mass-Tech’s Electric Vehicle Division for ₹380 Million

Siemens, a German-based multinational conglomerate that is also involved in the transmission and generation of power, has signed an agreement to acquire the electric...

May 24, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Fixed Charge Waiver for Power Connections to Boost EV Charging Infra: Interview

While direct and indirect tax incentives have propelled the growth of electric vehicles in India, the government can augment electricity infrastructure to ensure the...

May 24, 2023

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Sumit Jha

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Electric Vehicles

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Market & Policy
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Battery Startup EMO Raises ₹100 Million in Seed Funding Round

Bengaluru-based energy startup EMO Energy, which builds battery packs for high-power applications, has raised ₹100 million (~$1.2 million) in a seed round led by...

May 23, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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Government to Cut Electric Two-Wheeler Subsidy to ₹10,000 From June

At a time when the sales of electric vehicles, especially two-wheelers (e-2W), were seeing an upsurge, the government has slashed the subsidy for e-2Ws from ₹15,000...

May 22, 2023

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Gourav Mishra

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Electric Vehicles

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Market & Policy
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Rajasthan Electronics Invites Bids for 222 EV Charging Stations Across India

Rajasthan Electronics and Instruments (REIL), a joint venture between the center and the Rajasthan government, has invited bids to empanel agencies for location...

May 15, 2023

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Tesla Begins Building $1 Billion Lithium Refinery in Texas

Electric vehicle maker Tesla has begun constructing a 50 GWh in-house lithium refinery in the greater Corpus Christi region of Texas, representing an investment of over...

May 10, 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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Battery Swapping Company RACEnergy Raises $3 Million in Pre-Series A Round

Hyderabad-based deep-tech battery swapping company RACEnergy raised $3 million in a combination of debt and equity in a pre-series A round funding. Growx Ventures led...

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EV Startup BluSmart Secures $42 Million Funding to Strengthen Operations

BluSmart Mobility, an electric vehicle (EV) ride-hailing service and charging infrastructure operator, has secured $42 million in its most recent funding round held last...

May 5, 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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Kerala Invites Bids for Developing 13 Public Electric Charging Stations

The Kerala government’s Agency for New and Renewable Energy Research and Technology (ANERT) has invited bids to select an agency for developing 13 public electric...

May 4, 2023

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Gautamee Hazarika

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Electric Vehicles

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Tenders and Auctions
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Experts Call for Subsidies to Foster Growth of EV Charging Infrastructure

Electric Vehicle (EV) sales in India have steadily grown in the last few years. In 2022, the sector witnessed a staggering 300% growth in sales compared to 2021, with...

May 2, 2023

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Rakesh Ranjan

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Electric Vehicles

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Grid

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Market & Policy
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Odisha Invites Bids for the Supply of 300 EVs

Odisha Renewable Energy Development Agency (OREDA) has invited bids to provide electric vehicle (EV) fleet services for 300 EVs on an own, operate, and maintain basis....

May 2, 2023

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Government Sets Norms for Auto Components Certification Under PLI Program  

The Ministry of Heavy Industries (MHI) has released standard operating procedures (SOPs) under the Production Linked Incentive (PLI) program for automotive companies and...

April 28, 2023

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Gourav Mishra

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Electric Vehicles

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Market & Policy
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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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