Page 2 - Electric Car Battery

Hyundai, Kia tie up with Exide for electric vehicle battery localisation

The two auto majors plan to focus on the production of lithium iron phosphate cells. This will make them pioneers in the space

Tata cuts EV prices by up to Rs 1.2 L to pass on battery price reduction

Indian automaker Tata Motors' electric vehicle (EV) unit on Tuesday said it reduced prices of its cars by up to 1,20,000 rupees ($1,445.54) to pass on battery price reduction benefits to its customers

60 battery, EV infra cos to participate in Bharat Mobility Global Expo

More than 60 battery, recycling, and electric vehicle infrastructure firms will participate at Bharat Mobility Global Expo to be held from February 1 to 3, to showcase their innovations, a statement said on Monday. Industry body India Energy Storage Alliance (IESA) is organizing a dedicated pavilion on battery technologies, recycling, and EV infrastructure as part of this global expo, an IESA statement said. More than 60 leading companies including Amara Raja, LivGuard, GODI Energy, Epsilon Advanced Materials, Bhilwara Group, Replus, Himadri Speciality Chemical, Trontek Group, and Battrix are participating in the event. "India is at the forefront of a transformative mobility revolution, and this expo serves as a testament to the nation's commitment to sustainable transportation," Rahul Walawalkar President, IESA and CES (Customized Energy Solutions) India said in the statement. The expo will showcase the diversity and innovation propelling emobility landscape, he added. "Central t

Tesla planning to bring in smaller batteries for its India car: Report

These smaller batteries are already being used by the company in China and could be key for Tesla to reduce the cost of the car it has proposed to bring to India

For EV battery infra: Gogoro open to commit billions to India story

Taiwan's electric vehicle giant unveils first e-scooter in India

Buying insurance for your electric car? Key factors to keep in mind

We explore the essential factors to consider when purchasing insurance for electric and hybrid cars

Centre to seek bids for $960 million EV battery production program

The government will seek bids from potential investors next month, they said

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