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Wardwizard Innovations and Triton EV Form Strategic Partnership to Advance Electric Vehicle Manufacturing Wardwizard Innovations & Mobility Ltd. (WIML), known for its ‘Joy e-bike’ brand in India, made a big move by teaming up with Triton EV, a famous U.S. electric vehicle maker. This partnership aims to change the electric vehicle scene in India and the UAE over the next five years. The agreement was signed at Wardwizard’s head office in Vadodara. Triton EV’s Founder, Mr. Himanshu Patel, and Mr. Yatin Sanjay Gupte, Chairman and Managing Director of Wardwizard Innovations & Mobility Limited, sealed the deal. In this partnership, Triton EV chose WIML to make battery-operated trucks in India and the UAE. WIML will also increase its production to make two-wheelers and Three-wheelers for Triton EV. Both companies are committed to helping the electric vehicle industry grow, following the green mobility goals set by the government. Triton EV will share technology for hydrogen battery packs in two and three-wheelers with WIML. They’ll also provide important technology help for setting up and expanding production in India. This collaboration is unique because both companies agreed to share their suppliers, making their business run smoothly. Additionally, WIML will help develop vendors for both companies, making their supply chain strong and connected. WIML is committed to being environmentally friendly. They plan to make hydrogen battery-operated trucks and vehicles in India with Triton EV. This big project fits with their goal of being innovative and environmentally responsible in the electric vehicle field. Mr. Yatin Sanjay Gupte, who leads WIML, is excited about how this partnership can change the electric vehicle industry. By combining WIML’s manufacturing skills with Triton’s advanced technology, they aim to make electric vehicles for India and the UAE. Mr. Himanshu Patel, Triton EV’s founder, sees this collaboration as a major step in expanding into new markets. He’s impressed with WIML’s skilled workforce and top-notch manufacturing abilities and expects to make a bigger impact in India and the UAE with advanced products and technology. With the partnership between WIML and Triton EV, India and the UAE are taking a big step toward green mobility solutions. This MOU will help India and the UAE achieve their sustainable transportation goals by accelerating the transition to electric vehicles. Click here for more such informative insights Join the All India EV Community

Himachal Pradesh Introduces e-Taxi Initiative to Promote Sustainable Transportation In an effort to make Himachal Pradesh a more environmentally conscious state, Chief Minister Sukhvinder Singh Sukhu launched the e-Taxi scheme under the Rajiv Gandhi Employment Startup Scheme. CM Sukhu described the program as a government effort toward environmental sustainability. He underlined that the e-Taxi scheme, which was unveiled today, aims to issue electric taxi permits to the unemployed with a 50% subsidy. These taxis will be available for services in government departments, promoting employment and contributing to a pollution-free environment in Himachal Pradesh. This is in line with Congress’s commitment to the public, which includes the inclusion of a startup scheme worth Rs 680 crore for the unemployed. CM Sukhu emphasized that jobless people can simply apply online via the website of the Transport Department in order to receive benefits from the scheme. In the future, the government intends to implement jobless assistance programs in the fields of agriculture and solar energy as part of the startup’s subsequent stages. In addition, e-charging stations will be installed by the government at 17 different locations throughout the state. Sukhu expressed optimism that Himachal Pradesh is moving closer to becoming a green state, adding that plans for solar energy initiatives are slated for the second phase and agricultural sector development for the third. A comprehensive investigation into the mining scam was announced by Sukhwinder Singh Sukhu in response to concerns raised by the previous BJP government about illegal mining. He cited cases in which 131 stone crushers in the Beas River Basin were operating without permission, causing the government to suffer large financial losses. The investigation will encompass all crushers installed in the River Basin. Click here for more such informative insights Join the All India EV Community

Waaree Technologies Ltd. and 3DBattery Ink MoU for Cutting-Edge Energy Storage Solutions Waaree Technologies Ltd. (WTL) and the Israeli company 3DBattery have signed a non-binding Memorandum of Understanding (MoU) to work together on the development and manufacturing of advanced energy storage solutions. The partnership is focused on 3DBattery’s lithium-ion and soon-to-be sodium-ion technology, and further assessment of the partnership will be conducted before a definitive agreement is signed. The partnership with 3DBattery will enable Waaree Technologies Ltd. to produce high-performance, rechargeable energy storage solutions domestically, thereby strengthening its position in the Indian and international new energy domains. 3DBattery is a leading manufacturer of high-tech Lithium-ion battery cells with state-of-the-art chemistry that give improved energy storage performance. The firm offers a range of cell chemistries for applications including Micro Mobility, Stationary and Renewable Energy, and Electric Vehicles. “We are excited to welcome 3DBattery on board as a partner. Their immense R&D capabilities, coupled with Waaree’s capabilities in manufacturing new energy solutions, will certainly pave the way for a paradigm shift in energy storage.” Commenting on the partnership Kirit Doshi, Chairman & Managing Director, of the Company said He emphasized the strategic importance of developing capabilities for 5GWh of battery cell production by utilizing 3DBattery’s lithium-ion and sodium-ion battery technology. Doshi emphasized the importance of reducing dependency on a single source and diversifying supply chains. “Our ability to produce the first fully Indian-manufactured next-generation battery system assumes a special significance. Through this partnership, Waaree will be equipped with the capability to serve every segment of the energy storage market, and to become a driving force in the global clean energy transition.” He stated Waaree Technologies Ltd. is a public limited company that is a subsidiary of Waaree Group, a conglomerate with a presence in the solar, instrumentation, and energy storage sectors. Waaree Technologies Ltd. is mainly involved in the manufacturing and supply of solar systems, such as solar panels, inverters, batteries, and water pumps. It also provides solar EPC (engineering, procurement, and construction) services through its subsidiary, Waaree Renewables Technology Limited. About Waaree Technologies Ltd.  Waaree Technologies Ltd. was incorporated on June 28, 2013 and has its registered office in Mumbai, Maharashtra. It has an authorized share capital of INR 12.00 crore and a paid-up capital of INR 10.77 crore. Waaree Technologies Ltd. claims to be India’s largest solar manufacturer with a capacity of 12 GW and has successfully installed over 10,000 solar projects across the country. Waaree Technologies Ltd. also offers lithium-ion batteries for various applications, such as forklifts, e-bikes, e-rickshaws, telecom and UPS. Click here for more such informative insights Join the All India EV Community

How Exponent is developing an eco-friendly EV infrastructure startup First, people in a country used to cars running on petrol and diesel found electric vehicles (EVs) strange and unfamiliar. It was like they were from another planet. Second, the EVs didn’t have trust because they weren’t associated with a well-known brand. Even when EVs started seeming reliable, the idea that an EV could be better than traditional fuel vehicles in terms of technology, speed, comfort, efficiency, and quality seemed unbelievable. “Trying out EVs was seen as a guaranteed failure,” -Vinayak remembers Third, in big cities where you could easily find petrol stations, the lack of charging stations for EVs made people think that EVs wouldn’t work in India. The common question was, “Where and how will you charge?” However, Vinayak and his team were focused on making progress. Six years later, there was no doubt that EVs were successful. By 2020, Ather would have become a leader in providing high-quality EVs. Towards the end of 2020, Vinayak started looking at the second part of the issue: the egg. Even though electric cars were seen on the roads and people wanted to buy them, they weren’t widely used. The interest and desire didn’t turn into actual use. Vinayak realized the problem was not just the cars but the whole system for powering them. People had three big questions: Where do I charge my car? How much time will it take? And how long will my car battery last? But there were no clear answers to these questions.  “That triggered us to start Exponent Energy,” says Vinayak, who along with Sanjay Byalal, co-founded the energy-tech startup in October 2020., along with Sanjay Byalal, co-founded the energy-tech startup in October 2020 Despite finding the egg, Vinayak found it difficult to hatch.  “Again, nobody believed us when we said that we would charge vehicles in 15 minutes,” grinned the co-founder and CEO of Exponent, a company that raised $5 million in December 2021 for its pre-Series A fundraising round and began doing business in March 2023. If fast charging technology and batteries seemed like something out of a fantasy book, there was another issue that had grown to be unbelievable: Could the EV charging industry ever turn a profit? Well, if it was going to turn a profit, then a large number of cars needed to be charged quickly, and fast charging was the only way to do it. Fast forward to November 2023. Vinayak reckons that he has successfully hatched the egg. Exponent’s battery packs, charger and connector, he claims, can rapidly charge EVs in 15 minutes. What has also grown rapidly is a long list of backers—Lightspeed, YourNest VC, 3one4 Capital, AdvantEdge VC, Motherson Group, and the family office of Pawan Munjal—who have pumped in $18 million so far in the startup. Exponent, which started from Bengaluru, has now expanded to Delhi NCR and plans to foray into Mumbai, Hyderabad, Chennai and Ahmedabad by the end of this fiscal. “Our first set of investors took a big bet on the team and our track record at Ather,” -says Vinayak “The team has a distinctive grasp on their business model,” says Sunil Goyal, managing director at YourNest Venture Capital. He emphasizes that the co-founders concentrated on creating an energy company that was intended to address a significant issue for consumers, fleet operators, OEMs, and providers of charging infrastructure. -Supporters of Exponent “They envisioned that their products will create substantial value for all players in the ecosystem,” he says, adding that even though there was a high risk of failure, he was confident that the founding team could accomplish the goal of a 15-minute rapid charge. Content Credit: forbesindia Click here for more such informative insights Join the All India EV Community

PDEU Welcomes Gujarat’s first Vanadium Flow Battery Plant Making electric cars more common is hard because there aren’t enough charging stations. A lot of these stations use fossil fuels, which isn’t good for the environment. But now, the smart people at Pandit Deendayal Energy University have made a special battery system that can make electric car charging stations last longer. This is a big step towards making electric cars better for the planet! People who know a lot about electric vehicles (EVs) say that regular charging stations that use lithium batteries can provide 7 to 19 kilowatt-hours (kWh) of power to charge a car. In India, a typical EV needs about 30 kWh of power to charge, so only one car can charge at a time at these stations. But there’s a new kind of energy storage device called a VRFB (Vanadium Redox Flow Battery), and it’s special because it can store 100 kWh of power. This means it can charge multiple cars at the same time. The new charging setup, which will be officially opened at the upcoming PDEU convocation, includes solar panels, wind turbines on a building called the Translational Research Centre, and a power cube with a capacity of 100 kWh. One part of the setup is designed to show how EV charging works. Smart people are saying that in India, places like IIT Madras and the Indian Institute of Science have been studying VRFB. PDEU is one of the few places really putting effort into making this technology sustainable and doable, according to the important people there. Prof. S. S Manoharan, who is in charge at PDEU, mentioned that their plan involves using both solar and wind power. “When the sun is out in a country like India, which is mostly sunny, it will generate solar energy. When the sun is down, it will still work with wind power generation. Compared to conventional power storage, the battery has several advantages, including better safety, no loss of power storage capacity, and a longer lifespan. Thus, we are witnessing research in this direction across the globe,” – said, Prof. S. S Manoharan When these batteries are used, they can store renewable energy that can power multiple cars after one full charge. Sources connected to the project said the university is in talks with a private firm for design and development and the state government to expand the network of these batteries and specially designed charging stations in Gujarat. They added, though, that the talks are currently in the preliminary stage. However, the technology’s very large setup and the scarce raw ingredient vanadium are some of its disadvantages. “Battery energy storage technology is crucial for scalable renewable energy deployment, and it must be paired with storage to manage energy dispatch during peak demand periods,” – said Prof Manoharan “Compared to lithium, vanadium scores highly on many counts. The rechargeable flow battery employs vanadium ions in different oxidation states to store chemical potential energy.” Content Credit: ET Auto Click here for more such informative insights Join the All India EV Community

BLive Aims to Secure $5 Million in the Next 6 Months New Delhi: Investor interest in BLive is “strong,” according to CEO and co-founder Samarth Kholkar, who also stated that the company hopes to make a funding-related announcement within the next six months. BLive is a multi-brand electric vehicle platform, and it is looking to raise USD 5 million in the next six months. “We have raised under USD 2 million over some time, and we are looking to raise USD 5 million now because our primary interest is to invest in technology and people. “Technology, because we are a platform at the end of the day, which has a lot of data coming in, now it is time to consolidate, extrapolate and use the latest technology, including blockchain to ensure we can scale up our business from a typical 10X to a 100X,” – said, Samarth Kholkar, CEO and co-founder og BLive “So to boost that, we need a strong tech platform, which will help us reach that scale…to that milestone,” – Kholkar told PTI BLive’s revenue growth will be driven by the use of technology, he said, and he pointed out that “we have the right levers for business already in place, which are essentially the market and the product.” Regarding plans for funding, Kholkar stated that interest is being shown by green funds and climate tech funds with a presence in the US, Europe, and India. “At the same time, people who are in the automotive space, also find that this is a beautiful democratisation of automobile space that we are creating, and they are also looking at it not just as an India case study but also something that can be easily adopted in the international markets,” – said, Samarth Kholkar, CEO and co-founder og BLive With many brands listed on its platform, BLive is India’s first multi-brand EV platform, providing a broad range of EV products and services on a digital platform. BLive gives its customers an omnichannel experience, comprising premium experience stores throughout India and an online e-commerce store. Click here for more such informative insights Join the All India EV Community

ChargeZone Aims to Secure $125 Million to Enhance EV Charging Infrastructure ChargeZone, a company that sets up electric vehicle (EV) charging stations, wants to work with big car companies in India to improve the EV charging network across the country. Kartikey Hariyani, who started ChargeZone and is its CEO, said in an interview that they are going to make official agreements with Volvo-Eicher, Ashok Leyland, and Maruti Suzuki soon. This company from Gujarat joined forces with MG Motors on Thursday to make the EV charging system in India better. Before this, they had worked with several well-known car makers like Hyundai, Mercedes-Benz, Kia Motors, and Audi. In order to facilitate the use of public charging infrastructure by owners of electric vehicles and to support automotive consumers’ need for energy storage, the firm has launched a new funding round., “USD 50 million round was announced a couple of quarters ago, and we have just initiated a new round, which is USD 125 million, and we plan to complete the race by next summer,” he added.   ChargeZone provides charging points for both passenger vehicles (PVs) and MHCVs. “In case of electric buses and electric trucks, you require superchargers, and the ratings of the charges generally are 180 kilowatt while those in case of electric cars, it’s ranging from 30 – 60 kilowatt.” Hariyani said, Talking about the energy difference between the two passenger vehicles (PVs) and MHCVs. There are certain challenges to building a good EV infrastructure scenario in India. The company’s new electric mobility platform, Billion Electric, will work with Ashok Leyland to deploy electric trucks for mid-mile mobility, which typically has a range of up to 500 km. By the end of this year, the collaboration will be announced. “Locations, getting enough electrical load at a particular site, reliability on the highways” are the challenges that are not confined to India but worldwide.   – said, Hariyani ”We have provided Charge Cloud as a technology to ADNOC Abu Dhabi National Corporation,” he said when talking about the expansion of ChargeZone. ADNOC is one of the largest oil and gas giants in the Middle East. The business claims to have a proprietary technology called Charge+ Cloud, an operating system to manage the charges, which makes the charging process entirely automated and frictionless. Click here for more such informative insights Join the All India EV Community

Gogoro CrossOver Launch In December: The Company’s 1st Scooter In India After its launch in December, people will start buying the Gogoro CrossOver scooter in early 2024. At first, they will make a lot of these scooters for business customers like Zomato and Swiggy. They will also give some to Zypp Electric, a company that only uses electric vehicles for deliveries. Later on, Gogoro plans to make new versions of the CrossOver for everyday riders. The company is spending about $1.5 billion (around Rs 12,300 crore) in Maharashtra. The scooter is designed to carry a lot of things. It has a strong steel frame. This scooter is longer than other Gogoro scooters, with a wheelbase of 1,400 mm. You can put things on the back, on the flat part where you stand, and in the front. It has a big light in the front with a metal piece over it. You can add a rack to the front using this metal piece. The flat area where you stand is quite large and can hold a lot of stuff. specifications and performance of the Gogoro CrossOver The Gogoro CrossOver scooter has a suspension system with front telescopic forks and two shock absorbers at the back. It rides on 12-inch wheels. For stopping, it uses a 220 mm disc brake at the front and a 180 mm one at the back. The scooter is 142 mm above the ground and weighs 126 kg, including its batteries. It has two batteries, each weighing about 10 kg. These batteries can be quickly changed in just 6 seconds, which is really fast. This quick swap feature is great for delivery workers because it means they can work more hours without stopping, helping them earn more money. The specific motor to be used in the CrossOver scooter in India hasn’t been announced yet. In other countries, it has a liquid-cooled motor that can produce up to 7 kW (9.51 horsepower) and a maximum torque of 26.6 Nm. We’re still waiting to see if regular customers can buy the same model. For business customers, each battery might have a capacity of 1.6 kWh. This business version will have a weaker motor, making about 3 kW (4 horsepower). Its top speed might be between 60-65 km/h, and it could travel about 100 km on a full charge. Gogoro is focusing on using parts made locally. This will help make their scooters more affordable in India. The cost of owning one could be lowered even more if they offer recharged batteries as a service. Gogoro is also planning to grow its network of places where you can swap batteries. Right now, they are working with Hindustan Petroleum Corporation Limited (HPCL) to set up these battery-swapping stations. Click here for more such informative insights Join the All India EV Community

Tata Power Reaches Landmark of Installing 60,000 EV Home Chargers Across India Tata Power is working on making transportation more environmentally friendly. They added 11,529 new electric vehicle (EV) chargers for homes in the second quarter of the 2024 financial year. Now, they have a total of 62,000 EV chargers for homes all over India. Tata Power’s home charging options for electric vehicles are now widely available. This makes it much easier for more people who use Tata Power EZ Charge to charge their vehicles. This important achievement shows that Tata Power is a major company helping more people in India use electric vehicles. “Surpassing the milestone of 62,000 home chargers underscores our unwavering commitment to accelerating the electric mobility revolution in India. We are resolute in delivering a seamless, accessible and user-friendly charging infrastructure to meet the Charging requirements of EV owners at the convenience of their homes.” said, Virendra Goyal, Head of Business Development (EV Charging), Tata Power Tata Power also has public chargers for electric vehicles at different places like offices, societies, hotels, hospitals, car shops, malls, and highways. This makes it easy for people to charge their electric vehicles outside their homes. Tata Power EZ Charge did really well by setting up 180 new charging points for electric buses in the three months ending in September 2023. Now, they have a total of 464 places where electric buses can charge. They also have more than 700 charging points all over the country for different kinds of electric vehicles. This shows that the company is really focused on meeting the growing needs of people who use electric vehicles. Tata Power is always trying to improve and increase its charging service to match the growing demand of the electric vehicle market in India. Click here for more such informative insights Join the All India EV Community

MG Motor India Collaborates with Charge Zone to Enhance Electric Vehicle Charging Infrastructure New Delhi: MG Motor India, a well-known British car company with a history of 100 years, said on Thursday that they are working together with Charge Zone, a big company in the electric vehicle (EV) charging field, to improve the EV system in India. This partnership is another effort by MG to create a good and easy-to-use EV system in India. It will help solve a big problem in the country, which is the need for a strong network of charging stations for the increasing number of electric cars, according to the company. Over the next few months, MG and Charge Zone will work together to set up charging stations in important places like highways, cities, and MG car dealerships. They will also create special deals just for MG car owners. Everyone who owns an electric vehicle (EV) can use these charging stations. They will be added to the Charge Zone app. This will make it easy for people to find these stations, use them, and pay for the charging service. “This strategic partnership reflects our commitment to sustainable mobility and our dedication to providing our customers with a seamless electric vehicle ownership experience. Our meaningful industry associations and partnerships, including this substantive collaboration with Charge Zone, underscores our steadfast focus on building a charging infrastructure that supports the evolving needs of electric vehicle owners, providing them with convenient, efficient, and reliable charging solutions.” said, Gaurav Gupta, Deputy Managing Director, MG Motor India “In the realm of electric mobility, the need for a reliable high-speed charging infrastructure is paramount. Our partnership with MG Motor India signifies a shared vision to overcome the challenges that accompany this transformation. Building a nationwide network of charging stations is not merely a task; it’s an investment in the future of sustainable transportation. By joining forces, Charge Zone and MG are laying the foundation for a connected and electrified India, where the charging experience is as reliable and forward-thinking as the vehicles it supports.” said, Kartikey Hariyani, Founder and CEO, Charge Zone With the launch of a 6-way charging solution, MG Motor India is fast-tracking its goal of creating an electric vehicle (EV) ecosystem in India. The carmaker has already installed a network of more than 12,000 chargers, as it reported in a press release. This move helps to provide convenient EV charging options for its customers. Content Credit: ET Auto Click here for more such informative insights Join the All India EV Community