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Sodium-ion battery maker Faradion mulling over manufacturing in India

By : Sustainability ..., Apr 24, 2020

Sodium-ion battery maker Faradion Ltd on Thursday said it is actively exploring having a manufacturing presence in India for its batteries for diversified applications. The company, which had won its first order from ICM Australia, is seeking to push its Sodium-ion batteries...

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Covid-19 impact: Electric vehicle plans may take backseat in FY21

By : Sustainability ..., Apr 24, 2020

Leading auto manufacturers are likely to put their electric vehicle (EV) plans on the back-burner as they focus on restoring demand for core bread-and-butter products, suggested a number of senior industry executives. With mounting losses due to the disruption in operations...

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Govt's Rs 10,000-cr scheme to promote electric vehicles fails to take off in its first year

By : Sustainability ..., Apr 23, 2020

The government’s push to incentivise the purchase of electric vehicles in India has failed to take off, with only a fraction of the targeted number sold in the first year of the three-year Rs 10,000 crore subsidy scheme. The second phase of the Faster Adoption and...

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EV tourism start-up, BLive raises an undisclosed amount from Mumbai Angels Network

By : Sustainability ..., Apr 17, 2020

BLive, an eco-tourism start-up which has pioneered the concept of Electric Vehicle Tourism in India, has raised an undisclosed amount from Mumbai Angels Network in its pre-Series A funding round. The funds raised will be used for developing tech infrastructure, market...

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Will India Become The Largest EV Market In The World By 2030?

By : Sustainability ..., Apr 14, 2020

The future of mobility is clean and sustainable and it is only a matter of time that India makes a bigger splash in the global green mobility market. The World Economic Forum and Ola Electric highlighted that the Indian automobile industry is one of the fastest-growing...

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EV startup Zypp plans to raise $50 million over five years

By : Sustainability ..., Apr 13, 2020

Gurugram-based electric vehicle startup Zypp is planning to raise around $50 million over the next five years to expand operations. The company, that currently provides electric scooters on rent to consumers mostly in the NCR, is looking at raising $12 million over the next 6...

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Covid-19 impact: How EV industry is coping with the lockdown?

By : Sustainability ..., Mar 30, 2020

The novel coronavirus pandemic has put brakes on the country’s manufacturing with the 21-days complete lockdown across the nation. The coronavirus pandemic is having an unanticipated impact on every sector due to disruption in the supply chain and production. For the electric...

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EESL Tenders for PCS and Fast Combo Chargers for EVs

By : Sustainability ..., Mar 27, 2020

Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible bidders for the supply and installation of power conversion systems (PCS) and fast combo chargers for electric vehicles (EVs). The scope of work for the selected bidders will include...

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IIT-Kgp's ''Deshla'' e-vehicle project gets funding for building

By : Sustainability ..., Mar 16, 2020

The IIT Kharagpur''s ''Deshla'' electric vehicle project has secured funding from a leading trusteeship firm for developing aerodynamic body panel design of a next-generation electric three-wheeler. The lightweight structure will enable the electric vehicles to achieve a peak...

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Vw Plans To Tap Electric Car Batteries To Compete With Power Firms

By : Sustainability ..., Mar 13, 2020

Volkswagen's expansion in electric cars will open up new business opportunities in storing and managing energy, encroaching on business currently dominated by utilities and energy firms, chief strategist Michael Jost said on Thursday. Electric car batteries could be used to...

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