Page 3 - Electric Car Battery

Own an electric car? There is now an add-on cover for your car's batteries

The insurance add-on launched for private cars, covers expenses incurred in the repair/replacement of the batteries and any associated charges due to unexpected power surges while charging

Developers seek to cash in on soaring EV sales with residential chargers

India is aiming to make EVs account for a third of total vehicle sales by 2030, but scarcity of public charging stations could derail these ambitions

TMS Ep548: Delhi-Meerut RRTS, freight corridor, media stocks, EV batteries

Why didn't India build RapidX under Indian Railways? What challenges will Eastern Freight Corridor face? Should you binge on the rally in media stocks? What are the different types of EV batteries? An

Powering up: India takes 'standardised' road to charge up electric vehicles

The implementation of a universal charging standard by the government would allow users to charge their EVs at any available charging station nationwide

Govt mulling another PLI scheme for batteries to bring down cost: Singh

The government will bring out another production-linked incentive scheme for batteries to bring down cost and boost the adoption of electric vehicles in India, union minister R K Singh said on Monday. Speaking at the EV (electric vehicles) Ready India Dashboard of OMI Foundation, the Union Power and New & Renewable Energy Minister said, "We are coming out with another production-linked incentive (PLI) to increase the volumes (of storage or battery)." He was of the view that the price of storage will come down with (higher) volumes. "Price of storage will come down only if you add volumes. That is why there is a production-linked incentive (PLI) for storage," he said. He pointed towards limited battery manufacturing capacity in the world and termed it as a reason for high prices. The minister opined that higher cost and lower driving range are issues in adopting EVs. The central government had approved the (PLI) scheme for manufacturing advanced chemistry cell (ACC) batteries at an

India Battery Manufacturing Vision aims 500GWh annual capacity by 2035

Industry body India Energy Storage Alliance (IESA) on Friday unveiled its 'India Battery Manufacturing Vision' targeting over 500GWh capacity by 2035, having potential to create over 2.6 million jobs and bring investment worth USD 35 billion in the country. IESA is focused on the development of advanced energy storage, green hydrogen, and e-mobility technologies in India. "IESA has also set a vision to further scale this capacity to over 500 GWh by 2035 considering the demand growth for both stationary storage and e-mobility in India," said Rahul Walawalkar, Chair, WESD, Founder and President of IESA, and president & MD, Customized Energy Solutions (CES) India, in a statement. He explained that with 'India Battery Manufacturing Vision', the country can generate over 2.6 million jobs and bring in USD 35 billion investments by 2035. IESA is anticipating that the first gigafactory (manufacturing facility that produces components linked to electrification and decarbonization ...

Tesla proposes building EV battery storage factory in India: Report

While both Tesla and the Indian government remain keen on the proposal, and New Delhi continues to review it, it is not certain if the plan will be realised, said the first source

Exxon Mobil experiments with extraction of lithium from subsurface brine

Exxon is looking at how to utilize its expertise in fracking of oil and gas from shale rock, which involves the use of large volumes of water

Startup Exponent Energy aims to power 25,000 electric vehicles by 2025

Energy tech startup Exponent Energy is aiming to power 25,000 electric vehicles by 2025 as it displayed its proprietary energy stack comprising battery pack, charging station and charging connector in Bengaluru on Monday. The company, in a statement, said it is looking to expand its operations to Delhi NCR, Mumbai, Hyderabad, Chennai and Ahmedabad by the end of this fiscal and is targeting to deploy 1,000 charging stations and 25,000 EVs powered by Exponent, by 2025. Exponent said its energy stack together unlocks a 15-minute rapid charge, and long battery life (3,000 cycle life warranty, 3 times the industry standard) - all done on regular LFP cells for the first time in the industry. Rapid charging kills range anxiety and the need for expensive, oversized battery packs, it said, adding that with this two-sided approach, EVs powered by exponent will be 30 per cent more affordable, which has been made possible by an optimised battery capacity (30 per cent smaller), and 5-year ...

Tata Group picks Britain for new EV battery plant, to invest $5.2 bn

The gigafactory - Tata's first outside of India - includes an investment of 4 billion pounds ($5.2 billion), the company said

Spark Minda receives Rs 750-cr EV battery charger order from leading OEM

The product will be manufactured at Spark Minda's state-of-the-art facility, Spark Minda Green Mobility Systems Private Limited, in Pune

Magenta Mobility launches EV charger to charge 12 vehicles simultaneously

Magenta Mobility on Tuesday announced the launch of an in-house designed EV charger, which can charge 12 vehicles simultaneously, amid growing demand for such facilities and fast-paced electrification in the automobile industry. The EV charger with 12 charging outputs of 3.3 kW each will help in reducing per-point charging costs for fleet operators and residential societies, the company said in a statement. With charging times ranging from 3 to 3.5 hours, minimal downtime, and competitive pricing, among others, the charger caters to the needs of all types of EVs -- two, three and four-wheelers, it said. "We are introducing PLENT, a multi-charging product meticulously engineered in-house with remarkable features to enhance the EV charging experience while addressing the requirements of the Indian market," said Maxson Lewis, founder and Director of Magenta Mobility. The company said it comes with safety features such as system-level temperature monitoring and power and protection ...

TN working on improving EV charging infrastructure: Minister TRB Rajaa

Tamil Nadu is engaged in improving the electric vehicle charging infrastructure aimed at accelerating the adoption of EVs in the state, Minister for Industries T R B Rajaa has said. To boost EV consumption, the government also amended a policy thereby allowing battery-operated e-autorickshaws, e-taxis and e-buses to be issued permits by the transport department without a permit fee. Earlier, permits were not being issued to battery operated passenger vehicles and those vehicles that run on methanol or ethanol fuel. In 2018, the Ministry of Road Transport and Highways had issued a notification that battery operated passenger vehicles and passenger vehicles driven on methanol or ethanol fuel were exempted from obtaining a permit. The latest move by the Tamil Nadu government comes in the backdrop of a meeting on June 16 held in the city with the Minister for Industries Rajaa, who was apprised by the members of the electric vehicle industry about this issue. Accordingly, the governmen

EV plant, battery manufacturing unit to come up in Pune and Aurangabad

Maharashtra Chief Minister Eknath Shinde on Wednesday said an electric vehicle facility and an EV battery manufacturing unit in Pune and Aurangabad, respectively, are among the Rs 40,000 crore worth of projects sanctioned by the state government. Talking to reporters here, Shinde said the EV and battery manufacturing units will come up with an investment of Rs 12,482 crore. He said a private company, Gogora India Pvt Ltd, will set up 12,000 battery swapping stations across the state in the next few years. A battery swapping station is a place where EV owners can quickly exchange their empty battery with a fully charged one. The CM said these projects will provide a boost to the fast-growing EV sector.

Threatened by shortages, EV makers race for lithium supplies for batteries

Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure white gold in a politically and environmentally fraught competition from China to Nevada to Chile. General Motors Co. and the parent company of China's BYD Auto Ltd. went straight to the source and bought stakes in lithium miners, a rare step in an industry that relies on outside vendors for copper and other raw materials. Others are investing in lithium refining or ventures to recycle the silvery-white metal from used batteries. A shortfall in lithium supplies would be an obstacle for government and industry plans to ramp up sales to tens of millions of electric vehicles a year. It is fueling political conflict over resources and complaints about the environmental cost of extracting them. "We already have that risk of not being able to get enough, said GM's chief financial officer, Paul A. Jacobson, at a Deutsche Bank conference in mid-June. We've g

Epsilon to establish EV battery component factory in US, sets aside $650 mn

Mumbai-based Epsilon will generate more than 1,500 direct and indirect jobs at this new facility. The facility is expected to be commissioned by 2026

Ignition of change in electric vehicle battery ecosystem in India

Manufacturers are gradually emerging in a business dominated by assembly operations

Lohum partners MG Motor India for second-life EV battery solutions

Integrated battery recycling and repurposing solutions provider Lohum on Monday said it has teamed up with MG Motor India to develop second-life solutions for the car maker's EV batteries. Under the collaboration, Lohum will reuse end-of-first-life batteries of MG electric vehicles to build 2nd-life Battery Energy Storage Systems (BESS) for a wide variety of clean energy applications in domestic urban and rural markets. As part of the collaboration, it also rolled out a completely off-grid 5kWh battery energy storage system for an uninterrupted power supply even in regions with unreliable grid infrastructure. MG Motor India currently sells its ZS EV, besides the recently launched small electric car Comet EV, in the domestic market. "We anticipate over 1-GW of batteries to be deployed by MG Motor in the market through its vehicles, in roughly a three years period. "The company already has deployed close to 100-MW of power through the batteries in its EVs, which is expected to ...

Centre extends EV battery safety certification deadline by 6 months

The certification was compulsory for manufacturers from April 1, 2023, if they wanted subsidies under various EV-promotion schemes

Battery vs hydrogen trucks: Race to clean up emissions is just starting

While hydrogen trucks offer long driving range and quick refueling, only a few very expensive models are on the market. Battery-electric rigs are relatively cheaper and more widely available