As dark stores move closer to consumers to reduce turnaround times, the demand for frequent, efficient restocking has surged. This shift has brought the middle mile into focus as a space ripe for innovation, particularly through the integration of commercial electric vehicles (EVs).
Wardwizard Innovations & Mobility has partnered with New York-based lithium battery technology company C4V to develop battery cells for its electric vehicle portfolio.
NTPC will set up a green hydrogen fuelling station in Bhubaneswar and provide hydrogen buses for short-haul and long-haul operation.
India’s climate policies on power, transport and residential sectors, such as scaling renewables to advancing energy efficiency and electric mobility, have already mitigated 440 million tonnes of carbon dioxide (MtCO2) between 2015 and 2020, and are on track to save 3,950 MtCO2 emissions between 2020 and 2030. However, achieving net-zero by 2070 needs bolder action.
Ratings agency ICRA projects the share of renewables (including hydro) in India’s power generation mix to rise to 35% by FY 2029-30, from 21% in FY 2024.
Amazon has partnered with Gentari to deploy more three-wheeler electric vehicles for Amazon deliveries.
Amara Raja Energy & Mobility Ltd has secured the technology license from China’s Gotion High-Tech to manufacture lithium ferro phosphate (LFP) battery cells in both cylindrical and prismatic form factors.
Contemporary Amperex Technology Co. (CATL) has shown its latest lithium iron phosphate (LFP) battery at an auto show in Beijing. The Chinese company says it has an energy density of 205 Wh per kg, almost 8% higher than the current state of the art for such batteries.
Siemens Ltd has reported strong double-digit profitable revenue growth across businesses for the first quarter of financial year 2024 ended Dec. 31, 2023.
Gensol Engineering, a solar EPC and electric mobility solutions provider, has raised INR 900 crore ($108.46 million) equity capital from international and domestic investors.
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