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 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
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
Manufacturers are gradually emerging in a business dominated by assembly operations
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 ...
The certification was compulsory for manufacturers from April 1, 2023, if they wanted subsidies under various EV-promotion schemes
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
Demand for EV battery production is expected to reach 5.3 terrawatt hours (TWh) globally in 2035, compared with 687 gigawatt hours (GWh) predicted for 2023
The Ministry of Heavy Industries on Tuesday said Rs 800 crore under FAME India Scheme Phase II has been sanctioned to three PSU oil marketing companies (OMC) for setting up 7,432 public fast charging EV stations across the country. The amount has been sanctioned under FAME Scheme Phase II. The ministry has released Rs 560 crore or 70 per cent of the total amount to three OMCs -- Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) -- as the first installment for the installation and commissioning of upstream infrastructure and charging equipment of EV public charging stations at respective retail outlets in the country. The installation is expected to be completed by March 2024, the ministry said in a statement. At present, there are 6,586 charging stations across the country. "The addition of the new 7,432 public charging stations will be a significant push to EV charging ecosystem," the release said, and added the charging capacity would be used for chargin
The Advanced Light Source and Molecular Foundry are DOE Office of Science user facilities at Berkeley Lab
Manufacturing of electric vehicles (EVs) in India will increase its dependence on China for raw materials, mineral processing, and battery production, according to a report of by economic think tank GTRI. The Global Trade Research Initiative (GTRI) also said that there is a need for life cycle impact evaluation for the EVs sector EVs result in the release of pollutants during battery making, disposal, and charging and about 70 per cent of materials used to manufacture EVs in India are imported from China and a few other countries, it said. "EVs will increase India's dependence on China for raw materials, mineral processing, and battery production," it said. China has bought the largest lithium mines in Australia and South America. It processes more than 60 per cent of the lithium produced globally. It also processes 65 per cent of cobalt and 93 per cent of manganese. China makes three out of four batteries produced globally, it said, adding over 100 Chinese battery units make 60 p
The slot was vacated when Hyundai pulled out
On Saturday, Ola Electric Mobility signed the deal through its subsidiary companies Ola Cell Technologies (OCT) and Ola Electric Technologies (OET)
German automaker Volkswagen has recalled nearly 21,000 of its 'ID.4' electric SUVs over faulty battery software that could lead to a "loss of propulsion" sans warning.
The start-up had no track record developing technology and never confirmed how it would raise the £3.8 billion needed to start mass producing batteries, which reduces the average cost per battery
Public opinion growing in favour of EV as consumers want to save money on fuel: Deloitte
Tata is finalizing plans and will announce details soon, he said, declining to disclose the location of the facility and a time frame
The driver monitoring function warned users to keep their hands on the steering wheel while using the FSD mode
The recall covers iX SUVs and i4 and i7 sedans produced between October 14, 2021, and October 28, 2022
Company will use the financing to add more batteries to its network and expand services