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India offers $452 mn incentives for Green Battery Storage Boost
Information Minister Anurag Thakur revealed that this program will actively support the development of a storage capacity of 4,000 megawatt hours (MWh) by the year 2030-31.Read more
Ador Welding unveils Rhino E Electric Welder at Schweissen & Schneiden 2023
The rapid development of Rhino E in a record time of just four months highlights Ador's formidable capabilities. This product serves as a testament to the prowess of Ador's Technical Development Centre.Read more
RIL unveils ambitious new energy ventures
Dhirubhai Ambani Green Energy Giga Manufacturing Complex, Solar PV Manufacturing Ecosystem, Solar PV Manufacturing Ecosystem, Cost-Efficient Wind Power Generation, Battery Giga Factory, and Sodium-Ion Battery Technology, Green Hydrogen are included project names.Read more
US allocates $15.5 bn to boost electric vehicle transition
The United States Department of Energy is allocating $15.5 billion to facilitate the shift towards electric vehicles (EVs).Read more
Yuma Energy collaborates with MCD, BRPL for battery swapping stations
As part of the collaboration Yuma Energy will set up battery swapping stations across Delhi in a move to support the evolving e-mobility ecosystem in the capital. Yuma currently supports half a million swaps and serves 125,000 customers every month.Read more
ACC batteries’ demand to grow at a CAGR of 50%, says CII report
Raw Materials for Battery & Component Manufacturing, a report by CII in collaboration with 6Wresearch reveals that India is experiencing a robust demand of ACC batteries. By 2030, the anticipated demand for advanced chemistry cells to reach 220GWh.Read more
Tata Sons to invest £4 bn in 40 GW battery cell gigafactory in UK
The investment is an integral part of the Tata group’s commitment to electric mobility and renewable energy storage solutions and establishes a competitive green tech ecosystem in the UK at scale.Read more
Spark Minda bags Battery Charger Order for Rs 750 Cr from a leading OEM
The awarded product will be manufactured at Spark Minda's state-of-the-art, Spark Minda Green Mobility Systems (a wholly owned subsidiary of Minda Corporation Limited) facility at Pune.Read more
Maha govt & Gogoro to partner on Ultra Mega Project for Smart Battery Infrastructure
Maharashtra’s Ultra Mega Project offer outlines an eight year phase 1 investment plan that includes more than $500 million investment in manufacturing and $1 billion in smart battery infrastructure.Read more
EAM to invest $650 mn to establish EV battery components facility in USA
Epsilon Advanced Materials (EAM), India’s leading battery materials company is looking to power 1 million electric vehicles through its proposed facility in USA. The company commits largest Indian investment in USA’s EV battery industry.Read more