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BYD Announces Launch of New Blade Battery Set to Redefine EV Safety Standards

  SHENZHEN, China: Today, BYD officially announced the launch of the Blade Battery, a development set to mitigate concerns about battery safety in electric vehicles. At an online launch event themed “The Blade Battery – Unsheathed to Safeguard the World”, Wang Chuanfu, BYD Chairman and President, said that the Blade Battery reflects BYD’s determination to resolve […]

Cabinet approves Production Linked Incentive Scheme for Large Scale Electronics Manufacturing

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Production Incentive Scheme (PLI) for Large Scale Electronics Manufacturing.  The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in mobile phone manufacturing and specified electronic components including Assembly, Testing, Marking and Packaging (ATMP) units. The Scheme […]

Cabinet approves Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved financial assistance to the Modified Electronics Manufacturing Clusters (EMC2.0) Scheme for development of world class infrastructure along with common facilities and amenities through Electronics Manufacturing Clusters (EMCs).  It is expected that these EMCs would aid the growth of the ESDM sector, help […]

Cabinet approves Scheme for Promotion of manufacturing of Electronic Components and Semiconductors

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved to offer financial incentive of 25% of capital expenditure for the manufacturing of goods that constitute the supply chain of an electronic product under the Scheme for Promotion of manufacturing of Electronic Components and Semiconductors (SPECS). The scheme will help offset the disability for […]

Lithium Urban Technologies And Fourth Partner Energy To Set Up Solar-Powered EV Charging Infrastructure Across India

India’s largest commercial EV fleet operator Lithium Urban Technologies today joined hands with renewable energy solutions provider Fourth Partner Energy to build charging infrastructure across the country. This equal partnership joint venture – Shuchi Anant Virya unveiled its first EV charging hub in Gurugram, capable of charging 25-30 vehicles simultaneously. The facility will be used […]

HPCL-supported Startup Magenta Power Launching “Street Lamp Integrated EV Charger” for E-Vehicles

Leading Green Energy Solutions Provider, Magenta Power, a start-up supported by HPCL, announces its ambitious plans, to roll-out Street Lamp Integrated EV Charger –‘ChargeGrid Flare’ by April 2020. This new range of EV charging points (ChargeGrid Flare), the rst in India, is incorporated within energy-ecient street lamp columns that shall encourage EV adoption for exible […]

Volkswagen Plans to Use Electric Car Batteries to Compete with Power Firms

Electric car batteries could be used to stabilise the energy grid by charging the battery in times of excess supply, Volkswagen said. Volkswagen’s expansion in electric cars will open up new business opportunities in storing and managing energy, encroaching on business currently dominated by utilities and energy firms, chief strategist Michael Jost said on Thursday. […]