IESA projects over $500 million investment in Indian battery, mobility startup ecosystem within a year
Bharat Battery Show, part of the Bharat Mobility Global Expo 2025, saw participation of one hundred startups. Many of these startups are seeking funding from major conglomerates and investment firms.
Blue Energy to set up EV truck, battery manufacturing facility in Maharashtra
Blue Energy Motors has signed an agreement with the Government of Maharashtra to set up a manufacturing facility designed to produce 30,000 EV trucks annually. The facility will also house a battery pack line.
The EV charging boom: A $1 trillion opportunity by 2040
The EV charging sector is on the brink of unprecedented growth, with a trillion-dollar investment forecasted by 2040. While the path to this future is fraught with challenges, it also offers immense opportunities for innovation and economic growth.
Siemens to demerge energy business into separate listed entity
Siemens Energy India will provide solutions across the entire energy value chain – from power and heat generation, transmission to storage.
MG Motor India partners with Epsilon Group for EV charging, battery recycling
MG Motor India has signed an agreement with Epsilon Group for electric vehicle (EV) charging solutions and battery recycling and second-life expertise.
Tata Power Q3 FY 2024 PAT grows to INR 1,076 crore
Tata Power’s profit after tax for the third quarter (Oct-Nov-Dec. period) of FY 2024 grew to INR 1,076 crore compared to INR 1,052 crore in Q3 FY 2023.
Siemens profit 36% up YoY in July-Aug-Sept quarter
Siemens Ltd has announced a revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023.
Mobec launches portable EV charging network
The Noida-based startup has rolled out the franchise network to provide mobile EV charging as a service. It targets 100 franchise partners by the end of 2023.
Delhi’s aggressive EV timelines may hit gig workers’ livelihood: IAMAI
The recently released Delhi motor vehicle aggregator and delivery service provider scheme envisages that aggregators and delivery service providers in Delhi will switch to an all-electric fleet by April 1, 2030.
Faster electric car rollout in Bangladesh demands policy support
The economic burden of air pollution in Bangladesh, for which transport is one of the major reasons, calls for strong policy-level intervention to increase the adoption of electric cars.
