Page 160 - Electric Vehicles

TVS Motor signs agreement with Tata Power to develop EV ecosystem

A memorandum of understanding between the two companies speaks of deploying solar power technologies at TVS Motor's select locations

Govt asks CIL to explore prospects in electric vehicles, charging pods

CIL has chosen new business area for diversification where carbon emission is minimum

Ministry asks Coal India to invest in electric vehicles, charging pods

Coal India is the world's largest coal mining company by production and accounts for over 80% of India's output of the fuel.

Battery giants face skills gap that could jam electric highway

LG Energy Solution (LGES), SK On, and Samsung SDI Co Ltd all rank in the top-six global battery makers, and supply the likes of Tesla Inc, Volkswagen and Ford Motor Co among others.

Volvo plans $2.9 billion IPO to fund electric vehicle transformation plans

Volvo and its parent company, Chinese carmaker Geely, have applied to hold an initial public offering on the Nasdaq Stockholm

Our doors are wide open for EV players like Tesla: Tamil Nadu minister

Thangam Thennarasu, who holds the industries portfolio, says his state could see Rs 35 trillion in investment by 2030 and projects worth Rs 20,000 crore have come since the new govt took charge

Tamil Nadu government opens doors for electric vehicle makers

Industries minister says state to see Rs 35-trillion investment by 2030

Amazon-backed EV maker Rivian discloses nearly $1 bn losses in IPO filing

Amazon has ordered 100,000 of Rivian's electric delivery vans as part of the e-commerce giant's broader effort to cut its carbon footprint.

UK-based Causis E-Mobility to invest Rs 2,800 crore to set up EV plant

UK-based firm signs MoU with the Maharashtra Govt

Kinetic Green plans Rs 1,750 crore investment in Andhra Pradesh

Kinetic Green Energy and Power Solutions CEO met Andhra Pradesh Chief Minister here on Friday and discussed her company's plans to invest Rs 1,750 crore for setting up new facilities in the state

NHAI developing EV charging infrastructure along highways: Gadkari

According to Gadkari, there is a massive response seen in the domestic market for electric scooters from new start-ups.

BP invests about Rs 97 crore in BluSmart, its first fund in India

BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years

Ola Electric raises over $200 mn funding, valuation touches $3 bn

The funding for the EV maker was led by Falcon Edge, SoftBank and others

BP leads $25 mn funding round in EV ride-hailing start-up BluSmart

BP Ventures has made its first direct investment in India by pumping in USD 13 million in integrated EV ride-hailing and charging company BluSmart. It led a USD 25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside other existing investors, the firm said in a statement. "BluSmart will use the capital to expand its fleet of electric vehicles and charging stations from its home city of Delhi to five additional Indian cities in the next two years," it said. The statement, however, did not say the funding will translate into how much equity holding in BluSmart. Sophia Nadur, managing partner at BP Ventures, will join BluSmart's board. To date, BP Ventures has invested almost USD 800 million in more than 60 companies across seven geographies. BP Ventures was set up more than 10 years ago to identify and invest in private, high growth, game-changing technology companies, accelerating innovation across the entire energy ...

Top headlines: Govt sets Air India reserve price; world fears inflation woe

Opec says India will be hooked on oil for years to come. Sharp rise in natural gas prices, power outages worsen inflation worries. More in top headlines of the day

Flipkart to deploy over 2,000 EVs in delivery fleet ahead of festive season

Walmart-owned Flipkart on Wednesday said it will deploy over 2,000 electric vehicles in its delivery fleet prior to the festive season and the Big Billion Days

Mahindra considering funding options for EV supercar unit, says report

BENGALURU (Reuters) - Mahindra & Mahindra Ltd is considering options to raise funds for its unit Automobili Pininfarina, as the Indian automaker looks to start production of its $2.2 million electric hypercar, Bloomberg News reported.

Oil will be world's No. 1 energy source for decades, says OPEC

OPEC says that more electric vehicles on the road and the push for alternative and renewable energy will indeed usher in an era of declining demand for oil in rich countries

Ford, SK Innovations to invest $11.4 bn on electric truck, battery plants

The project will create two vast sites to produce electric vehicles and the batteries to power them, employing nearly 11,000 workers, the companies said Monday

PLI Scheme for auto sector to promote electric vehicles needs a relook

The government's PLI scheme for automobile makers might leave the electric two-wheeler industry, which has seen a lot of action recently, out in the cold. Let's delve into the details of the matter