electric-vehicles

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Hero MotoCorp Increases Stake in EV Firm Ather by 2.2%

Hero MotoCorp has increased its stake in electric mobility firm Ather Energy by 2.2% by purchasing shares worth ₹1.24 billion (~$14.85 million). The indicative period...

June 11, 2024

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Staff

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Electric Vehicles
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EU, India Invite Expressions of Interest for Battery Recycling Collaboration

The European Union and India have announced a matchmaking platform to foster collaboration among startups working towards battery recycling technologies for electric...

April 10, 2024

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Mercom Staff

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Energy Storage

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Tenders & Auctions
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ChargePoint’s Q4 Revenue Drops 24% as EV Adoption Slows

California-based electric vehicle (EV) charging firm ChargePoint reported a fourth-quarter (Q4) 2024 revenue that was 24% lower than last year as slowing EV adoption...

March 6, 2024

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Arshreet Singh

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Electric Vehicles

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Finance and M&A
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responsAbility Injects $25 Million in BluSmart to Expand EV Charging Network

Switzerland-based responsAbility, an impact-investment firm with over $4.7 billion in assets under management, said it would invest up to $25 million in BluSmart, an...

January 30, 2024

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Arshreet Singh

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Electric Vehicles

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Finance and M&A
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Taiwan-based ProLogium Opens Giga-Scale Solid-State Battery Factory

Taiwan-based solid-state battery manufacturer ProLogium opened a giga-scale lithium ceramic battery factory called Taoke in Taoyuan, Taiwan. The factory has a planned...

January 29, 2024

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Arshreet Singh

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Energy Storage

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Other
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Battery Startup IBC Raises $35 Million to Fund Factory in Bengaluru

International Battery Company (IBC), a lithium-ion battery startup, raised $35 million (₹2.91 billion) in a pre-series A round led by RTP Global, a venture capital firm...

January 18, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A
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Month in a Minute: Top Headlines from the Indian Renewable Sector in December 2023

India installed over 1.3 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2023, an increase of 12% year-over-year (YoY), according to...

January 3, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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ChargePoint’s Q3 Revenue Drops 12% YoY as Demand for Charging Infra Dwindles

Electric vehicle (EV) charging solution provider ChargePoint’s revenue for the third quarter (Q3) of 2023 came in at $110.3 million, a 12% year-over-year (YoY) decrease...

December 7, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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CESL Invites Bids to Procure 3,600 Electric Buses under PM-eBus Sewa Initiative

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids to select an operator for the...

November 21, 2023

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Gautamee Hazarika

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Electric Vehicles

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Grid

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Tenders & Auctions
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CEA Recommends Measures for EV-to-Grid Charging

The Central Electricity Authority (CEA) has suggested measures to standardize and ensure the interoperability of batteries to facilitate the integration of electric...

November 15, 2023

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Gautamee Hazarika

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Electric Vehicles

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Grid
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Toyota Announces $8 Billion Investment in its US Battery Facility

Automobile manufacturer Toyota has announced an $8 billion investment in its United States-based facility, Toyota Battery Manufacturing North Carolina (TBMNC), aiming to...

November 3, 2023

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Staff

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Electric Vehicles

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Grid
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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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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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Delhi Transport Department Invites Bids to Deploy 3,000 Electric Two Wheelers

The Delhi Transport Department has invited bids to select service providers to deploy high-speed and low-speed electric scooters and e-bicycles to enhance last-mile...

September 25, 2023

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Arjun Joshi

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Electric Vehicles

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Tenders and Auctions
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ChargePoint’s Q2 Loss Surges to $125.3 Million, Driven by Inventory Impairment

Electric vehicle (EV) charging solution provider ChargePoint reported a net loss of $125.3 million in the second quarter of fiscal 2024, a 35% increase year-over-year...

September 8, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy

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