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Northvolt unveils sodium-ion battery, breaking China's EV battery stranglehold

Diverging from traditional batteries, Northvolt's pioneering sodium-ion battery eliminates the reliance on lithium, nickel, graphite, and cobalt.Read more

Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing

A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more

Servotech Power Systems bagged 2649 EV chargers order from BPCL

The manufacturing and production of these AC chargers has already begun and the supply of the chargers will begin from December 15th and will be completed within three months.Read more

Auto dealers to clock 8-10% revenue growth as volume normalises

Sales volume growth will normalise this fiscal from the 17.3% surge last fiscal, due to the high-base effect (especially in the commercial vehicle [CV] and passenger vehicle [PV] segments) as well as factors specific to different vehicle segments.Read more

Govt mulls revised telecom incentive scheme as companies struggle to meet targets

The updated scheme is anticipated to extend eligibility for incentives to some new telecom networking products.Read more

Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations

The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more

India aims for $1 trillion exports by 2030, focus on electronics, RE, EVs

The surge is attributed to the export of Samsung and Apple phones, with smartphone exports reaching $10.9 billion in FY 23, marking an 88.9% increase from April to August.Read more

West Bengal opens doors to foreign investments in EV

The event, organised by the British Deputy High Commission in Kolkata in collaboration with the Bengal Chamber of Commerce and Industry, saw the participation of 11 UK-based companiesRead more

TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025

Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more

CESL invites bids for 3,600 e-Buses, infra development under PM-eBus Sewa

The deadline for bid submissions is December 14, 2023, with bids set to be unveiled on the same day. Prospective bidders are required to submit a non-refundable tender fee of Rs 25,000 ($299.9).Read more

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