Electric Vehicles

Gensol Engineering has posted a 47% year-on-year increase in its revenue to INR 1,517 million ($18.27 million) for the first quarter of fiscal 2023-24.

New research has shown that Israel has the technical potential to deploy 172.5 GW of photovoltaics, of which 132.1 GW would be from conventional installations and 40 GW from agrivoltaics. If deployed, this full potential would require energy storage with a capacity of at least 500 GWh and strong development of vehicle-to-grid technologies.

Global demand for sodium-ion batteries is expected to grow to just under 70 GWh in 2033, from 10 GWh in 2025, at a compound annual growth rate (CAGR) of 27%, according to UK-based market research company IDTechEx.

In a bid to avoid costly grid augmentation, Spanish electric vehicle (EV) charger supplier Wallbox has designed a multi-layered energy intelligence solution – proving that necessity is the mother of invention.

Indian Railways plans to run 35 hydrogen trains on various heritage and hill routes in India.

By bringing together the private sector’s expertise and the public sector’s policy support, public-private partnerships can support the development of new technologies and solutions to improve the performance, efficiency, and affordability of electric vehicles (EVs).

Uttar Pradesh led the yearly electric vehicle sales with a 15.15% share of the cumulative 1.2 million units sold in FY 2022-23. It was followed by Maharashtra (12.72%) and Karnataka (9.14%).

Chinese energy storage company Imren Battery has introduced its new EVE LF105 lithium-iron phosphate (LFP) prismatic battery cells, which can be used in a wide range of applications, including EVs, renewable energy storage, and other applications.

Chinese battery industry heavyweight CATL has unveiled a novel condensed matter battery technology with an energy density of up to 500 Wh/kg. The company said it can achieve mass production within this year.

Gentari, a Vehicle-as-a-Service (VaaS) provider, has signed pacts with Tata Motors, MoEVing, and Gati to strengthen its fleet of electric cargo vehicles.