Honda unveils EV pivot: $65 bn spend, seven new models using F1-developed technology by 2030

Honda announced it will double its investment in EVs to $65 billion and launch seven new electric models by 2030, as the Japanese company moves to catch up with industry biggies su...

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US alleges Chinese dumping, levies stiff tariffs on EVs, Li-ion batteries

The US announced new levies on $18 billion worth of Chinese imports, largely in the clean energy space, including a 100 percent tax on Chinese electric vehicles imported into the c...

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Fast Forward: Accelerting India's mobility revolution

From extending consumer incentives to launching schemes to attract foreign electric vehicle makers to India, the government has left no stone unturned to make EVs a smart...

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World Bank working on proposal for $1 bn support to India's BESS, e-mobility sectors

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The World Bank and State Bank of India (SBI) are in talks for a $1 billion line of credit to aid the country's energy transition, according to media reports. The funds will support...

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From clean energy to clean cooking, Modi outlines vision for rooftop solar + battery installations

Image Courtesy: NarendraModi.in

The Government of India will announce a package to make the country atmanirbhar in the battery domain, Prime Minister Narendra Modi announced. Speaking at the Bharat Mobility event...

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EIB approves €4.3 bn in transition funding, including €805 mn for clean power

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The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor...

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JLR partners with Allye to develop mobile BESS using second-life batteries

Image: JLR

Tata owned Jaguar-Land Rover announced it had partnered with energy storage start-up Allye Energy to create a mobile battery energy storage system (BESS) using repurposed batteries...

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Has India's new EV policy piqued Tesla's interest? Musk is coming to meet Modi

Image: Tesla

India's new EV manufacturing policy is likely to pay a quick dividend. Elon Musk announced that he would be visiting the country to meet Prime Minister Narendra Modi. "Looking forw...

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Renault, Nissan put India center stage, look to redraw their EV rollout plan

The Renault Nissan Technology and Business Center India at Chennai, seen here, will become one of the main centers of excellence for the alliance’s work in digital, artificial intelligence, human-machine interface and connectivity areas. Image: RNTBCI

Renault and Nissan last week revealed plans to relook at their India strategy, including previously decided plans for launching electric vehicles in the country. The companies stre...

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Northvolt breaks ground on 60 GWh capacity German giga factory

Image: Northvolt

Northvolt announced the company had started construction of its battery giga factory "Northvolt Drei" in Germany. Europe had battled to keep the factory within its borders, after t...

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BYD marks seven millionth New Energy Vehicle, becomes first to the mark

Image: BYD

BYD, the world's biggest new energy vehicle (NEV) company, produced its seven millionth NEV car on March 25, becoming the first company to cross the milestone. The target was achie...

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US unveils strictest car emission norms to boost EV offtake

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US President Joe Biden announced the country's strictest vehicle exhaust emissions regulations as part of attempts to accelerate the transition to electric vehicles. The new norms ...

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TVS Motor increases stake in ION Mobility through Singapore subsidiary

Image: ION Mobility

India's TVS Motor Company announced it had increased its stake in Southeast Asian e-mobility player ION Mobility last week. In a stock exchange filing, the company said, "We would ...

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India unveils new EV policy to make country a global manufacturing hub

A Tesla employee makes cars a the company's Fremont factory in USA. Image: Tesla

India has approved a scheme to promote the country as a manufacturing destination for electric vehicles, a release on the Press Information Bureau, the country's government news se...

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India cuts royalties for mining 12 critical minerals, including Vanadium

India's Cabinet has approved new royalty rates for mining of 12 critical and strategic minerals -- Beryllium, Cadmium, Cobalt, Gallium, Indium, Rhenium, Selenium, Tantalum, Telluri...

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India to launch second tranche of auction of critical and strategic mineral blocks

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India will launch the second tranche of auction of critical and strategic mineral blocks on February 29, the government informed in a press release. Union Minister of Coal, Mines &...

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BYD Americas chief says Mexico plant by year end, but no plans for exports to USA

Image Courtesy: Yahoo Finance

Chinese electric vehicle giant BYD has no plans of selling its passenger EVs in the US and finds the market "complicated" and "confusing", the CEO of its Americas operation said. S...

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US DoE announces $710 mn in loans to EV tech makers

Image: US Department of Energy

The US Department of Energy announced it has issued preliminary approval for nearly $710 million in loans to companies manufacturing electric vehicle (EV) components. The lion's sh...

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BluSmart becomes zero-emissions company following deal for 30 MW green power

Image Courtesy: BluSmart

India's all-electric ride hailing company BluSmart has signed a multi-year power purchase agreement with Tata Power to source green power, in the process becoming India's first mob...

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BYD goes upscale, plans to launch multiple luxury models this year

The BYD Yangwang U8 has raised comparisons with the Range Rover. Image: BYD

Chinese carmaker BYD plans to launch a number of "high-end luxury" models by the end of this year, the company told the Hong Kong stock market in an exchange filing. The move refle...

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Cleantech funding hits record, but falls short of what net zero pathways require

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Brookfield's latest fundraise and the record money pumped into the energy transition sector last year show investors have an appetite for cleantech risk. The world needs more of it...

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JSW to set up EV and battery operations in Odisha

JSW Chairman Sajjan Jindal shows Odisha Chief Minister Naveen Patnaik the planned complex. Image: Press Release

India's steel and energy focused conglomerate JSW Group has selected Odisha for its integrated electric vehicles (EV) and battery manufacturing project that will mark the comp...

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No looking back: Energy transition in Europe, the UK

In many ways, this year was the tipping point for renewable energy. The world has woken up to the imperative of energy transition, and countries around the world have made progress...

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Tesla plans LFP battery supply chain in Nevada gigafactory

Tesla is bringing its supply chain for lithium iron phosphate batteries (LFP) to the US, media reports suggest. The electric vehicle maker is looking to expand its battery facility...

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Panasonic eyes productivity boost before third battery plant in North America

Panasonic's Lithium-ion EV battery plant in Dalian, China. Image: Panasonic

Panasonic might put its third battery plant in North America on hold and focus on boosting productivity instead, Group CEO Yuki Kusumi said in an interview. "I keep telling people ...

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IESA pre-Budget recommendations to strengthen India's energy security

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The India Energy Storage Alliance (IESA), the country's premier industry body for companies operating in the energy transition space, has submitted its pre-Budget recommendati...

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Tamil Nadu draws green investments from Reliance, JSW Energy

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India's southern state of Tamil Nadu inaugurated its Global Investor Meet (GIM) on Sunday and announced more than ₹55,000 crore of investments from Day 1, with industrial conglomer...

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Extend FAME-II and bring back e-2W subsidy, says Indian panel

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India's Parliamentary Standing Committee on Industry has recommended the government extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) subsidy scheme by th...

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LGES to supply NCM li-ion modules for ICPT's e-bus battery system

Image: PR Newswire

South Korean battery company LG Energy Solution (LGES) has signed a supply agreement for NCM lithium-ion battery modules with Impact Clean Power Technology (ICPT), a supplier of he...

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JSW signs deal for 35 percent in MG Motor India, marks second foray into EVs

Image: MG Motor India

India's JSW Group will acquire 35 percent stake in motor company MG Motor India, the two companies announced on Thursday. The agreement for the transaction was signed in London bet...

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