Indian EV firm Ola Electric has announced the successful closure of funding round amounting to ₹3,200 crores ($380 million) in a mix of equity and debt from from Tem...
Joining the growing list of companies venturing into battery cell manufacturing in India, motor vehicle manufacturing company, Lucas TVS on Saturday (August 26) announced it will b...
The Ministry of Heavy Industries (MHI), Government of India on Thursday (August 24) announced that it has appointed Engineers India Limited (EIL) as Independent Engineer ...
The Ministry of Heavy Industries, Government of India on Monday concluded a stakeholder consultation regarding re-bidding of balance 20GWh (of 50GWh) Advanced Chemistry Cell (ACC) ...
Japanese electronics major, Panasonic is in talks with senior government officials in India to set up a battery manufacturing plant under the PLI scheme for Advanced Chemistry Cell...
India has made a strong commitment to e-mobility. The country's EV transition is gaining traction due to demand creation, State EV policies, and domestic manufacturing. Concurrentl...
Ministry of Heavy Industries has announced that three selected bidders signed the Program Agreement under Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell (ACC)...
The government push for battery cell manufacturing in India on a larger scale had begun a while ago, but it is with the introduction of the PLI schemes for ACC and electric vehicle...
The overwhelming response to the ACC PLI scheme has set the ball rolling for giga-scale manufacturing of battery cells in India. It has also opened up the space for raw material co...
To speed up the shift towards energy storage, renewable energy, and EVs, PM Modi announced at COP26 a target of 500 GW of non-fossil fuel energy usage by 2030. The FAME II, the Aut...
During the COP26 summit in Glasgow, India committed to reducing carbon emission intensity by 45 percent, taking our non-fossil energy capacity to 500 GW by 2030, meeting 50 percent...
In a major milestone for the energy storage industry, in March 2022 the Indian government announced the winners of the Production Linked Incentive (PLI) scheme for advanced battery...
Confirming earlier media reports, four companies namely, Ola Electric Mobility, Hyundai Global Motors, Reliance New Energy Solar, and Rajesh Exports are selected for incentive unde...
You can hear it … almost distinctly now… the footfall of the battery era. It's here to stay one would like to believe, for a lot rests on it; the present and most definitely the fu...
Ola Electric Mobility, Hyundai Global Motors, Reliance New Energy Solar, and Rajesh Exports have successfully cleared the technical bids evaluation by Union Ministry of Heavy Indus...
IESA's Executive Director Debi Prasad Dash, in his recommendations to Union Finance Minister Nirmala Sitharaman has outlined key policy measures and suggestions from the domestic c...
Top companies in India including Reliance Industries, Larsen & Toubro, Exide, Amara Raja, Lucas TVS, Mahindra and Mahindra, and Ola Electric Mobility are among the 10 comp...