Turno said it plans to use the funding to build a proprietary battery-tech platform to address issues around end-of-life battery value, amid global concerns around EV batteries and e-waste Commercial electric vehicle distribution and financing platform Turno on Thursday said it has raised USD 13.8 million (around Rs 112 crore) in a funding round to […]
What’s next for grid storage after a booming but chaotic year? – EQ Mag
Grid-scale batteries are finally taking off — but now supply can’t keep up with demand. Here’s a recap of what went down in 2022 and a preview of the year ahead. Energy storage succeeded like never before in 2022 — and the sheer scale of this newfound success is causing problems. A few years ago, […]
WEIRD ENERGY STORAGE SOLUTIONS COULD HELP THE GRID GO RENEWABLE – EQ Mag
We’re all familiar with batteries. Whether we’re talking about disposable AAs in the TV remote, or giant facilities full of rechargeable cells to store power for the grid, they’re a part of our daily lives and well understood. However, new technologies for storing energy are on the horizon for grid storage purposes, and they’re very […]
As India’s electric vehicles become more popular, batteries are a big business opportunity – EQ Mag
The EV battery space is a big opportunity for manufacturers as it is at the core of the energy ecosystem transition The future of electric mobility is bright in India, says a recent report by the India Energy Storage Alliance (IESA). The country’s EV market is expected to grow at a CAGR of 49 per […]
Batteries included: Building and operating sustainable gigafactories – EQ Mag
As the demand for electric vehicles grows, so does the demand for the batteries to power them. Meeting that demand will require more gigafactories to be built at speed and scale. As economies move toward more sustainable transport options, more electric vehicles (EVs) are rolling off production lines than ever before. These vehicles need to […]
How do electric vehicle batteries work? – EQ Mag
The individual cells in most rechargeable EV batteries today have the same basic components: Electrodes, electrolyte and separator. The positive electrode is called the cathode; the negative electrode is the anode. The cathode is the single most expensive element, accounting for up to a third of the cost of a battery cell. Most lithium ion […]
DMRC AND SUN MOBILITY FLAG OFF A FLEET OF ELECTRIC AUTOS WITH SWAPPABLE BATTERIES IN THE NATIONAL CAPITAL – EQ Mag Pro
New Delhi : Delhi Metro Rail Corporation (DMRC) and SUN Mobility have partnered to boost emission-free last mile connectivity in Dwarka, New Delhi. In an event on Wednesday, DMRC and SUN Mobility flagged-off a fleet of electric 3-wheelers that will run across eight metro stations in Dwarka sub-city. The initial 50-vehicle fleet is a part […]
Lopal and CATL to Jointly Develop Project for Manufacturing Lithium Carbonate – EQ Mag Pro
Major Chinese battery manufacturer CATL is rapidly expanding its presence in the upstream part of the Li-ion battery supply chain. On September 7, Chinese battery material producer Lopal Technology announced that it will be developing a project for manufacturing lithium carbonate with two wholly-owned subsidiaries of CATL. The production capacity of the project is set […]
Low-carbon fun: Making RV manufacturing greener – EQ Mag Pro
Being outside and enjoying nature is a key value proposition of the recreational-vehicle industry. Protecting the environment will soon become more important for the industry’s players. For most recreational-vehicle buyers and owners, connecting with nature in some capacity is important. This urge to experience the great outdoors has contributed to the growth of the RV […]
Electric vehicles with or without batteries will be taxed at 5%, clarifies finance ministry – EQ Mag Pro
The Union Ministry of Finance on Monday clarified that electric vehicles sold with or without batteries will be taxed at a single rate of 5 percent. Back in June, during the 47th meeting of the GST Council chaired by Union Finance Minister Nirmala Sitharaman, the government had reduced the tax rate on lithium-ion batteries from […]