bp invests in electric mobility startup BluSmart
The venture capital arm of British energy company bp has invested $13 million in BluSmart in a $25 million Series A funding round. The investment will help BluSmart bring its electric vehicles and charging stations to five major cities.
Mapping the future of cleaner transportation
Eight key developments are accelerating the advancement of electric vehicles. These range from the improvements in cost and performance of electric vehicle (EV) batteries to hydrogen-powered vehicles.
Siemens sees big opportunity in India for its electric mobility solutions
The company expects the first phase of growth in the Indian electric vehicle market coming from commercial vehicles. It has been quick to capitalize on the opportunity by partnering with Switch Mobility, the electric vehicle arm of commercial vehicle major Ashok Leyland.
India, Russia to fund joint R&D in clean energy
India’s Department of Science & Technology and the Russian Science Foundation (RSF) have launched a collaborative funding program for Indian and Russian researchers to jointly research clean energy, new materials, and smart transport.
Amplus Solar launches innovation challenge for clean energy start-ups
Applications are invited from start-ups with ready-to-deploy solutions in areas like distributed solar, Internet of Things (IoT) applications in energy, battery storage and electric mobility. Winners will be supported through seed capital to scale up.
Second-life energy storage winner in EDF’s startup contest
Bangalore-based Nunam—which enables second life for used lithium-ion battery cells—is the winner of Pulse India competition conducted by French energy giant EDF. The EDF contest aims at supporting Indian startups committed to developing low-carbon and sustainable energy solutions.
Sona Comstar, IIT Delhi launch incubation program for EV startups
The program aims at supporting the development of innovative electric vehicle (EV) solutions like extending range through battery capacity improvements, and battery management, fast charging infrastructure, and mobile charging solutions for emergencies. Two startups shall be supported each year with up to INR 80 lakh each to complete proof of concept and develop prototypes.
Hitachi ABB Power Grids India wins Rs 120-crore order
The company has bagged an order from state-run Chittaranjan Locomotive Works to supply transformers for goods and passenger locomotive engines.
India can become electric vehicle manufacturing hub within five years: Nitin Gadkari
The industry needs to cut a dependence on electric vehicle battery imports from China, according to the road transport minister, who said the government is looking to support research into alternatives to lithium-ion technology.
Magenta Power to roll out street lamp integrated EV charger
The ChargeGrid Flare, costing around Rs 95,000, shall enable faster deployment of curbside vehicle charging with less street clutter than other approaches.
