One of India’s oldest and largest electric two-wheeler manufacturers, Hero Electric, announced a long-term partnership with Maxwell Energy Systems for its advanced Battery Management Systems (BMS). As part of this partnership, Maxwell will supply more than a million units of its BMS over the next three years to support Hero... Read more →

Ballard Power Systems signed an agreement to launch a pilot project to develop a hydrogen fuel cell electric truck (FCET) for mining logistics and transportation with Adani Enterprises Limited (AEL), part of the diversified Adani portfolio of companies, and Ashok Leyland. The hydrogen-powered mining truck will weigh 55 tons, have... Read more →

Tecnimont Private Limited, Indian subsidiary of Maire Tecnimont Group, has signed a non-binding Memorandum of Understanding (MoU) with NTPC, India’s largest power generation company. The objective of the MOU is jointly to evaluate and explore the possibility to develop commercial-scale green methanol production facilities at NTPC projects in India. The... Read more →

India’s sales of new vehicles totaled at least 4.25 million units, based on preliminary results, topping the 4.2 million sold in Japan, according to a Nikkei report. New vehicles delivered in India totaled 4.13 million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding... Read more →

Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. for operation of 1,500 electric buses in the city of New Delhi. As part of the agreement, TML CV Mobility Solutions Ltd. will supply, operate and maintain 1,500 units of 12-meter... Read more →

Cummins and Tata Motors signed a Memorandum of Understanding (MoU) to collaborate on the design and development of low- and zero-emission propulsion technology solutions for commercial vehicles in India, including hydrogen-powered internal combustion engines (H2ICE), fuel cells (FC), and battery electric vehicle (BEV) systems. The shift to sustainable mobility is... Read more →

Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. Tata is offering special introductory prices starting INR 8.49 Lakh (US$10,000) (All India – Ex-showroom), for the first 10,000 customers (of which 2000 will be reserved for the current owners of... Read more →

FPT Industrial, the global powertrain brand of Iveco Group, has entered into an agreement to make a minority investment in Blue Energy Commercial Vehicles Private Ltd, a zero-emission truck technology company headquartered in Pune, India, engaged in the manufacturing of clean energy trucks under the brand Blue Energy Motors. The... Read more →

Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, India’s largest electrified shared mobility provider, and creating a battery-swapping service company. Yulu deploys shareable, low-speed, electric two-wheelers to facilitate accessible, sustainable urban mobility in India. As part of the agreement, Magna will have a stake... Read more →

Ballard Power Systems announced a fuel cell module order from Medha Servo Drives, a leading rail system integrator, which has been contracted by Indian Railways to develop India’s first hydrogen powered trains. Indian Railways is a statutory body under the ownership of Ministry of Railways, Government of India that operates... Read more →

India’s Avaada Group signed a Memorandum of Understanding (MoU) with the Department of Industries and Commerce, Government of Rajasthan to set up a green ammonia facility with a production capacity of 1 million tons per annum and a renewable energy power plant in Kota, Rajasthan. The MoU, signed as part... Read more →

Aemetis announced that its Universal Biofuels subsidiary in India, owner and operator of a biodiesel plant located near the Port of Kakinada on India’s east coast, was selected by the three government-controlled oil marketing companies (OMCs) and a major oil refiner to supply approximately 8,000,000 gallons of biodiesel over the... Read more →

An anti-pollution helmet developed by a Delhi-based startup can help 2-wheeler riders breathe cleaner air. The helmet developed by Shellios Technolabs has a Bluetooth-enabled app that lets the rider know when the helmet requires cleaning. The helmet titled PUROS is integrated with air purifying accessories which include the patented innovations... Read more →

The Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) intend to expand their cooperation. Both companies signed a Term Sheet on the supply of MEB electric components for Mahindra’s new, purpose-built electric platform INGLO, deepening the Partnering Agreement from earlier this year. (Earlier post.) The cooperation intends to have a... Read more →

Mahindra & Mahindra, India’s leading SUV manufacturer, unveiled its new INGLO EV platform and five e-SUVs under two new EV brands—XUV and BE—showcasing its vision for the future of electric mobility. The five e-SUVs are the XUV.e8, XUV.e9, BE.05, BE.07 and BE.09. The first four of these are to be... Read more →

At Prawaas 3.0 in Hyderabad (India) earlier this month, Eberspaecher presented its new all-electric air-conditioning system AC135 AE, especially developed for hybrid and battery-electric driven buses in the Asia-Pacific region. Market forecasts show that by 2030, 40% of the bus fleet in India will consist of BEVs. In this context,... Read more →

FPT Industrial, the global powertrain brand of Iveco Group, and Blue Energy Motors, headquartered in Pune, India, and engaged in the manufacturing of clean energy trucks, have signed an agreement to introduce the first Liquified Natural Gas (LNG) trucks powered by FPT 6.7-liter engines on Indian roads by the end... Read more →

TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million... Read more →

India-based in-space propulsion startup Bellatrix Aerospace Pvt. Ltd. is raising a Series A round led by BASF Venture Capital GmbH, the corporate venture company of BASF SE, and Inflexor Ventures, an early stage deeptech/IP focused VC Fund. The round also includes participation from StartupXseed, Pavestone Capital, Mankind Pharma family office,... Read more →

Volkswagen and Mahindra & Mahindra Ltd. (M&M) are exploring the use of MEB electric components for Mahindra’s new “Born Electric Platform”. Both signed a Partnering Agreement on 18 May to evaluate the scope of collaboration. Mahindra intends to equip its “Born Electric Platform” with MEB electric components such as electric... Read more →

Maruti Suzuki India (MSI) has announced that its electric vehicle (EV) will be available in India for sale by 2025. It also iterated that the government’s target of 30% EV sales by 2030 may be difficult to achieve as the company expects EV penetration level between 8-10% by 2030 that... Read more →

Tata Passenger Electric Mobility (TPEM) unveiled the AVINYA Concept—an expression of the company’s vision of a pure electric vehicle, based on its GEN 3 architecture. Tata intends to introduce a production version by 2025. Derived from Sanskrit, the name AVINYA stands for ‘Innovation’. Tata says that the concept will be... Read more →

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. Existing investor Fenice Investment Group led the round, with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually to... Read more →

Israel-based StoreDot, the developer of extreme fast charging (XFC) technologies for electric vehicles, has secured a multi-million-dollar investment from Ola Electric, India’s leading EV manufacturer. Ola Electric is planning to incorporate and manufacture StoreDot’s fast charging battery technologies for future vehicles in India. Ola Electric joins StoreDot’s global strategic partners,... Read more →

Reliance New Energy Solar Ltd, a wholly owned subsidiary of Reliance Industries Ltd, will acquire 100% shareholding in sodium-ion battery developer Faradion Limited (earlier post) for an enterprise value of £100 million (US$135 million). In addition, RNESL will also invest £25 million (US$34 million) as primary investment as growth capital... Read more →

Hyundai Motor India Limited (HMIL) recently outlined its electrification roadmap with the expansion of its line-up to 6 Battery-Electric Vehicles (BEVs) for the Indian market by 2028. Further, Hyundai will also introduce its dedicated BEV Platform—E-GMP—in India. Hyundai’s line-up of 6 battery-electric vehicles will cater to multiple segments including mass-market... Read more →

Power Global, a leading provider of high-performance clean energy and mobility products for everyday applications, announced a strategic partnership to supply its eZee swappable lithium-ion battery technology to auto-rickshaw manufacturer Rap Eco Motors for its mass-market electric three-wheeler product line RANIE, which includes L3 and L5 models of a passenger... Read more →

bp ventures has made its first direct investment in India, investing $13 million in integrated EV ride-hailing and charging company BluSmart. bp ventures led a $25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside other existing investors. BluSmart will use the... Read more →

NITI Aayog, the Government of India’s official think tank, with support from RMI and RMI India, has launched a campaign to transform last-mile deliveries and eliminate pollution through consumer engagement. Based on the Sanskrit word for zero, Shoonya will create a verification and branding system for electric delivery vehicles and... Read more →

As part of its sustainability initiative, Tata Steel is partnering with an Indian start-up to deploy electric trucks for its steel transportin India. This marks the first use of EVs by any steel producer in the country for transportation of finished steel. The electric trucks feature a 230.4 kWh Lithium-ion... Read more →

India-based Ola Electric unveiled the Ola Hypercharger Network, the charging network for its upcoming electric two-wheeler products starting with the Ola Scooter to be launched in the coming months. Ola plans to offer the most comprehensive set of charging options to its electric vehicle customers through a combination of widely... Read more →

Air pollution in India resulted 1.67 million deaths in 2019—the largest pollution-related death toll in any country in the world—and also accounted for $36.8 billion (US) in economic losses, according to a new study led by researchers from the Global Observatory on Pollution and Health at Boston College, the Indian... Read more →

IndianOil (IOC) has inked an MoU with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation technology. The process will help produce fuel-cell-grade hydrogen at an affordable price and accelerate IndianOil’s journey towards a sustainable hydrogen economy. IndianOil Chairman S M Vaidya said that... Read more →

Mahindra & Mahindra and REE Automotive signed a memorandum of understanding (MOU) to explore development and manufacturing of electric commercial vehicles for global markets. Such a strategic collaboration will leverage REE’s electric vehicle corner module and platform technology of integrating powertrain, suspension and steering components in the arch of a... Read more →

Gevo, Inc. and Praj Industries Ltd. signed a binding, definitive Master Framework Agreement (MFA) to collaborate on providing renewable, low carbon, low particulate, Sustainable Aviation Fuel (SAF) and renewable premium gasoline in India and neighboring countries. This follows an earlier announcement in April 2019 between both parties regarding the commercialization... Read more →

A study led by the Barcelona Institute for Global Health (ISGlobal), a center supported by the “la Caixa” Foundation, contributes new evidence about the negative impact of air pollution on cardiovascular health. The results of the study, which analyzed the relationship between several cardiovascular markers and personal exposure to two... Read more →

India’s leading power trading company Manikaran Power Limited (MPL), in collaboration with its partner Australian project development company Neometals Ltd, has initiated a jointly-financed AACE Class 3 Feasibility Study (FS) to evaluate a lithium hydroxide refinery located in India with a nameplate capacity of a 20,000 tonnes per annum LCE... Read more →

India’s National Thermal Power Corporation Limited (NTPC) is inviting global expressions of interest for the supply of fuel cell buses and cars in India. Specifically, NTPC subsidiary NVVN intends to launch pilot projects with 5 fuel cell buses and 5 fuel cell cars each in Leh and New Delhi in... Read more →

In an effort to reduce carbon emissions, Amazon will deploy 10,000 electric delivery rickshaws in India by 2025. This commitment comes after successful pilots across different cities in 2019; learnings from these pilots have helped the company create scalable and long term EV variants to build this large fleet. These... Read more →

India’s Minister for Petroleum and Natural Gas, Dharmendra Pradhan, launched India’s first long distance compressed natural gas (CNG) bus under a strategic program led by Indraprastha Gas Limited (IGL), the largest CNG distribution company in India. The launch ushers in CNG as the fuel of choice for long distance transportation... Read more →

BP and Reliance Industries Limited (RIL) have agreed to form a new joint venture that will include a retail service station network and aviation fuels business across India. Building on Reliance’s existing Indian fuel retailing network and an aviation fuel business, the partners expect the venture to expand rapidly to... Read more →

According to an independent study by the International Institute for Applied Systems Analysis (IIASA) and the Council on Energy, Environment, and Water (CEEW), more than 674 million Indian citizens are likely to breathe air with high concentrations of PM2.5 in 2030 even if India were to comply with its existing... Read more →

Toyota Motor Corporation and Suzuki Motor Corporation have agreed to begin considering concrete collaboration in new fields. Toyota and Suzuki have been considering the concrete details of such collaboration since having concluded a memorandum of understanding toward business partnership in February 2017. (Earlier post.) Toyota and Suzuki, in addition to... Read more →

Hyundai Motor Group and India-based Ola—one of the world’s largest ride-hailing platforms—announced a strategic partnership under which Hyundai Motor Company and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become a Smart Mobility Solutions Provider. The agreement will see the... Read more →

Magnis Energy Technologies Limited announced that the Government of India, Ministry of Heavy Industries and Public Enterprises advises that Bharat Heavy Electricals Limited (BHEL) and LIBCOIN (20% owned by Magnis) are in discussions to build India’s first Li-ion battery gigafactory. BHEL is India’s largest power generation equipment manufacturer; the government... Read more →

Hyundai Motor Company is partnering with -, India’s fastest growing self-drive car-sharing company, to develop an innovative car-sharing service and conduct creative marketing activities in India. The strategic partnership includes a Hyundai Motor investment in Revv. The strategic investment and partnership will enable both Hyundai Motor and Revv to build... Read more →

Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications. As part of the JV, Leclanché... Read more →

Toyota Motor Corporation and Suzuki Motor Corporation (Suzuki) agreed to start discussing new joint projects in the fields of technological development, vehicle production, and market development. After having concluded a memorandum of understanding toward business partnership on 6 February 2017 (earlier post), Toyota and Suzuki have been pursuing concrete forms... Read more →

India-based Ola, one of the world’s largest ride-hailing companies, launched “Mission: Electric”, with a commitment to place 10,000 E-rickshaws and Electric auto-rickshaws in its service in the next 12 months. The company will develop “Mission: Electric” as a platform to bring one million electric vehicles on the road by 2021.... Read more →

Mahindra Group and Ford Motor Company will jointly develop new SUVs, and a small electric vehicle as part of several initiatives announced between the two companies. The two companies signed five new memoranda of understanding (MoU) that further strengthen their strategic alliance and accelerate the development of key products for... Read more →