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Govt selects 4 bidders for PLI scheme for ACC battery storage
The government expects direct investment of around Rs 45,000 crore in Advanced Chemistry Cell (ACC) battery storage manufacturing projects.Read more
Hero Electric, Mahindra & Mahindra form partnership for electric mobility
As part of the partnership, Mahindra Group will manufacture Hero Electric’s electric bikes – Optima & NYX at their Pitampur plant. Partnership will also enable electrification of Peugeot Motocycles’ portfolio through platform sharingRead more
Altair and CoEP signs MoU to launch Centre of Excellence on electric mobility
Under the MoU, 60 engineers will work on electric mobility applications. The CoEP will conduct formal PG-diploma courses as part of the student curriculum while Altair will act as the technology partner.Read more
ABB CEO discusses AI, robotics with Maharashtra CM Devendra Fadnavis
The discussion focused on how a partnership with ABB could be created to effect artificial intelligence and digitalisation technologies to meet the state’s requirementsRead more
Paras Enterprises banking on EVs and renewables for future growth
The company sees electric mobility as the next area of expansion. The growth in renewable energy has led Paras to also explore the requirement from winds mills and solar farms.Read more
Raasi Solar to make Li-ion battery in India using CSIR technology
The company, which will set up Li-Ion facility in Tamil Nadu’s Krishnagiri district, aims to bring down the cost of cell manufacturing below Rs 15,000 per KW to replace the lead acid batteryRead more
Mahindra to invest Rs 500 crore for EV plant in Chakan
Mahindra & Mahindra Ltd (M&M Ltd), a part of the $19 billion Mahindra Group, will make an additional investment at its Chakan plant in Maharashtra.Read more
Nagpur leads India is electric mobility revolution
This unique project will bring vehicles across different segments, including e-buses, e-cabs, e-rickshaws and e-autos together on a single platform, the Ola app, enabling citizens of Nagpur to book these vehicles for their transportation needs. This pilot project will commence with a 200-strong fleet, including 100 of Mahindra’s new e2o Plus vehicles. The rest of the fleet will consist of vehicles sources from other OEMs including Tata Motors, Kinetic, BYD, TVS amongst others.Read more
