Tata Power Renewable completes $525 million equity fundraising from BlackRock, Mubadala
The investment will fund Tata Power Renewable’s aggressive growth plans as it targets over 20 GW of renewables assets and a market-leading position in the rooftop and electric vehicle charging space across India over the next five years.
Servotech appoints EV charging solutions distributor for Middle East and Africa
Servotech has signed a pact with Dubai-based Al-Ansari Motors to provide EV charging solutions in the Middle East and Africa. The company aims for $50 million in business from this region in the next one to two years.
BPCL launches 12 fast EV chargers on Delhi-Jalandhar highway
The DC fast electric vehicle (EV) chargers will be available at BPCL fuel stations between Delhi and Jalandhar. BPCL plans 200 such fast-charging corridors along national highways by March this year.
Union Budget 2023-24: EV industry calls for GST cut for batteries, low-cost EV finance, and more
Players in the electric vehicle (EV) hope the government will bring down the goods and services tax (GST) on EV batteries to 5% and lower duties on raw materials required for cell manufacturing. They also call for easy, low-cost EV finance to drive customer adoption.
Servotech to install solar-plus-storage carport with EV charging at MNRE premises
Servotech Power Systems will deploy a 5 kW solar carport paired with lithium battery storage and two 11 kW DC fast EV chargers at the Ministry of New and Renewable Energy’s (MNRE) premises in Delhi.
Servotech secures DC fast EV charger contract from BPCL
Servotech has landed the contract to supply and install 800 units of DC fast EV chargers at BPCL’s retail sites and fuel and gas stations across the country.
India’s EV charger market to surge at 46.5% annually until 2030
The annual electric vehicle (EV) charger shipments will grow to 0.9 million units by the year 2030, from around 17,000 units in 2021. The growth in sales will be driven by government policies and private investments.
Jio-bp to install fast EV chargers at M&M dealerships
Jio-bp will set up a DC fast charging network at Mahindra & Mahindra’s dealership network and workshops across the country as the latter plans to launch a range of electric SUVs in the next few years.
Erisha E Mobility launches EVs and EV charging stations, eyes battery manufacturing
The electric vehicle (EV) manufacturer has launched electric cargo and passenger vehicles in the L5 category, along with EV charging stations. It also plans gigawatt-scale production of EV batteries soon.
Shell to install over 10,000 charging points across India by 2030
The energy major launched the first of these electric vehicle (EV) chargers for the four-wheeler and two-wheeler segments in Bengaluru today.
