The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support... Read More
From extending consumer incentives to launching schemes to attract foreign electric vehicle makers to India, the government has left no stone unturned to make EVs a smart... Read More
The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor... Read More
Tata owned Jaguar-Land Rover announced it had partnered with energy storage start-up Allye Energy to create a mobile battery energy storage system (BESS) using repurposed batteries... Read More
India's new EV manufacturing policy is likely to pay a quick dividend. Elon Musk announced that he would be visiting the country to meet Prime Minister Narendra Modi. "Looking forw... Read More
Korean automakers Hyundai Motor and Kia Corporation have signed a Memorandum of Understanding with Exide Energy Solutions to localize EV battery production in India. The move, focu... Read More
Renault and Nissan last week revealed plans to relook at their India strategy, including previously decided plans for launching electric vehicles in the country. The companies stre... Read More
Indian Oil and Panasonic Energy Co Ltd, the battery arm of Japan's Panasonic group, have signed a binding term sheet to set up a joint venture unit manufacturing cylindrical lithiu... Read More
Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) is reportedly in discussions with US automaker General Motors for a deal that would licence the Chinese company'... Read More
Northvolt announced the company had started construction of its battery giga factory "Northvolt Drei" in Germany. Europe had battled to keep the factory within its borders, after t... Read More
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