European consumers are buying electric cars at a faster pace than ever, encouraged by government subsidies and the availability for the first time of models built by their favorite brands. The boom is so strong that Europe passed China as the world’s largest electric-vehicle market last year. Its share of new electric-car sales nearly doubled […]
Detel plans to raise Rs 150 cr by this year-end to strengthen EV portfolio
With the government’s initiatives to make India self-reliant in the area of EV mobility, the company has taken a step ahead to support the government’s Make in India campaign New Delhi: Homegrown brand Detel on Monday said it plans to raise Rs 150 crore by the end of this year to drive in new electric vehicles. The […]
GM teams up with Microsoft as electric car market revs
Ives and others think Apple is poised to begin putting its technology to work in self-driving, electric cars although the iPhone maker has remained mum on the subject San Francisco : General Motors announced an alliance Tuesday with Microsoft on its Cruise autonomous driving venture, combining forces to challenge Tesla and others in an electric […]
IEX expands Green Market – introduces new contracts to enable renewable energy trade on the same day and up to 11 days ahead
~The two newly introduced green contracts, Daily and Weekly, are in addition to already operational Intra-day and Day-Ahead Contingency (DAC) contracts in the Green Market ~ ~Within 102 days of commencement, Green Market has traded 459 MU volume comprising 404 MU traded in Solar and 55 MU traded in Non-Solar segments~ New Delhi: The Indian […]
Market for Electric Vehicle Powertrain Materials to Reach $47 bn by 2030
BOSTON : Traction batteries and motors in electric vehicles (EVs) are very different to the powertrain components of the internal-combustion engine vehicles they replace. Their meteoric rise will lead to much greater demand for several materials markets which otherwise would see only modest growth. For example, while the combustion engine and transmission relies heavily on […]
Solar-charged vanadium flow machine pre-qualifies for UK’s frequency response market
‘Flow batteries’ could provide frequency response in the UK for the first time ever, as a modestly sized solar-plus-storage system has been pre-qualified into National Grid’s dynamic firm frequency response (dFFR) market. Last week energy storage technology provider and system integrator RedT – which prefers the description ‘flow machines’ for its vanadium redox flow, long […]
GM Tackles the Problem: Where Do I Charge My Electric Vehicle?
Electric vehicles are on the market, but many potential buyers wonder: where do you charge them? Along with high prices, the availability of charging stations has remained a key concern of consumers who are interested in, but nervous about, purchasing electric vehicles. “We know that charging infrastructure is a key barrier for a lot of […]
Suzlon falls 2% after selling two subsidiaries
At 1511 hrs, Suzlon Energy was quoting Rs 6.53, down 1.8 percent on the BSE. Shares of Suzlon Energy fell almost 3 percent intraday on March 28 after the renewable project developer completed the sale of two of its subsidiaries to CLP Wind Farms (India) Ltd (CLP). The company in its BSE release said that […]
