Israeli start-up StoreDot has developed technology that can eliminate the “range anxiety” associated with electric cars. It can turn from flat battery to full charge in just five minutes. Ultra-fast recharge specialists StoreDot have developed a first-generation lithium-ion battery that can rival the filling time of a standard car at the pump. “We are changing […]
Battery storage, green hydrogen and flexible coal-fired power generation can help India address its next big challenge of integrating large-scale variable renewable energy into the electricity grid over the next decade, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “The transition to low-cost, variable renewable energy generation requires a flexible […]
Chinese EV maker NIO has officially launched Battery as a Service (BaaS). The battery leasing service will allow drivers to buy an EV without owning the battery pack – one of the most expensive EV components – thereby lowering the starting price of its cars. NIO BaaS is a breakthrough innovation in both technology and […]
Ampere Vehicles has announced its partnership with Autovert Technologies, a Fintech that specializes in EV subscriptions products. The collaboration leads to a launch of a unique Battery subscription plan through an IOT backed platform, that will make electric scooters even more affordable. Starting with a few select dealers in Bangalore, the approach will be replicated […]
The global recession and pandemic may have made the EV market gloomy and cancelled business plans all over the world but Europe’s push into electric cars isn’t one of them. According to Associate Press, despite of the painful recession the sales of electric and hybrid cars have performed better than the overall market and for […]
EDF Renewables UK has partnered with Octo Energy to identify and deliver 200 megawatts of hybrid solar and battery storage projects in England and Wales, the firm said on Monday. The move comes as EDF Group plans to double its installed renewable energy capacity from to 50 gigawatts (GW) to 28 GW by 2030. Octo […]
Sensor market growth will be dictated by an expected increase in demand for electric vehicles. The “Strategy Analytics Powertrain Body Chassis and Safety (PBCS) service report, “Global xEV Sensor Market 2018-2027,” forecasts that the global market for current, position/speed and temperature sensors, will grow at a CAAGR of 25.7% over the 2019 – 2024 timeframe. The […]
International Energy Agency (IEA) recently said that to meet global EV target by 2025 the world needs battery manufacturing capacity of 1,000 Gigawatt hour (GWh) per year. IEA said “Assuming that the global auto industry’s announced targets for electric vehicle production are met despite the Covid-19 crisis, around 1,000 GWh of battery manufacturing capacity would […]
As many as 42 global organisations including Amara Raja Batteries from India on Thursday agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new initiative at its 50th annual meeting here, the World Economic Forum said batteries will be a major driver in reducing the carbon […]
The BMW Group is forging ahead with electromobility and deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. Limited) and Samsung SDI. The original CATL order volume of four billion euros announced in mid-2018 will now be increased to 7.3 billion euros (contract duration from 2020 to 2031), with 4.5 […]
