There are several factors driving the uptick in prices, but the single most important one is rising costs for materials including cobalt, nickel and lithium
Unit will house Amara Raja E-hub, an advanced energy research and innovation centre to meet firm's development needs and offer facilities to other players in the energy and mobility space
French battery startup Verkor, for example, announced on Wednesday that it had raised 250 million euros ($249 million) to fund a megafactory
Electric vehicle maker Triton Electric India has issued a letter of intent to defence public sector unit Bharat Electronics for the procurement of battery packs for its semi-truck project in India at an estimated value of Rs 8,060 crore, according to a regulatory filing. The 300 kilowatt lithium-ion battery packs are to be delivered by Bharat Electronics (BEL) to Triton in 24 months commencing from January 2023, the filing stated. "Triton Electric Vehicle India Pvt Ltd, a part of Triton Electric Vehicle LLC, USA today issued a letter of intent to Navaratna Defence PSU Bharat Electronics for procurement of 300 KW Li-Ion battery packs for its semi-truck project in India at an estimated value of Rs 8,060 crore," the filing said. BEL chairman and managing director Dinesh Kumar Batra received LoI from Triton Electric Vehicle LLC CEO and Founder Himanshu B Patel at Defexpo 2022 in Gandhinagar. "The purchase order for first-off quantity with 100 per cent advance payment has been handed ov
The government has extended the earlier October 1 deadline for the implementation of new battery testing norms for electric vehicles (EVs)
Market for device that can store a large amount of energy is expected to be worth $25 billion by 2030 globally
The Indian EV industry suffers from overdependence on imports, limited local manufacturing, finite access to raw materials, and refining capacities
In addition, about $2.5 billion will be invested in Toyota Battery Manufacturing in North Carolina
The companies have unveiled an electric three-wheeler that rapid charges from 0-100 per cent battery capacity within 15 minutes at Exponent's e-pump network
'White gold' need for electric car batteries is scarce in the country and getting expensive internationally
China dominates global EV battery production and companies like Contemporary Amperex Technology Co (CATL) are developing batteries to go farther on a single charge
The automaker will create a new company called Power Co under CEO Frank Blome and the production at the plant will start in 2025
The standard was formulated considering real-life scenarios such as EV parked vehicle (battery is not used for an extended period of time), battery running at high and low temperatures
Jio-bp will set up EV charging and swapping stations at various Omaxe properties across 12 cities under the agreement
Samsung SDI will own a 51 per cent stake in the $2.5 billion joint venture company set up with the Chrysler parent, and its investment could increase to as much as $1.57 billion in the long term
'Defects may have happened because companies intentionally used lower-grade materials to cut costs,' it says.
Most consumers who want to buy electric passenger vehicles have one thing to ask: How long will the battery last in one charging? This has also given rise to range anxiety. Let us know more about it
To meet ambitious electric vehicle targets, Indonesia has drawn in several battery and car manufacturers in recent months with a variety of incentives
According to the draft policy, vehicles with swappable batteries will be sold without a battery, providing the benefit of lower purchase costs to potential EV owners
General Motors, Mercedes-Benz, Hyundai, Stellantis and Volkswagen have issued recalls since February of 2020