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Cygni Energy, Indus Towers Plan 1.5 GWh BESS Manufacturing Capacity
Cygni Energy and Indus Towers have signed an MoU to explore energy storage solutions for telecom infrastructure, including BESS manufacturing capacity of up to 1.5 GWh.Read more
Ultraviolette Raises $85 Million to Scale EV Manufacturing and Expansion
Ultraviolette has raised $85 million to scale manufacturing, develop next-generation EV platforms and expand internationally, including a planned US entry in 2027.Read more
India EV Battery Demand to Surge 14-Fold by 2032: CES Report
CES says India’s EV battery demand may rise from 17.7 GWh in 2025 to 256.3 GWh by 2032, driven by electrification, new models, fuel prices and policy support shaping growth over next seven years termRead more
Ultraviolette Secures $45 Million in Series E Funding from Zoho and Lingotto
Ultraviolette has announced that it has secured $45 million as part of its ongoing Series E round.Read more
Japan's TDK Ventures invests in Indian electric 2W maker Ultraviolette
Ultraviolette secures $21M funding led by Japanese deep-tech investor TDK Ventures to accelerate electric two-wheeler innovation, expand retail network, and advance battery technology for global markets.Read more
Trentar to commercialise KPITs’ breakthrough sodium ion battery technology
The technology transfer agreement includes Trentar investing in the manufacturing capacity of 3GWH sodium-ion batteries and KPIT receiving upfront technology transfer fees and additional royalty fees over 8 years.Read more
Hyundai India partners with Amara Raja for indigenous AGM battery technology
The AMARON AGM batteries, manufactured by ARE&M, have shown remarkable improvements in durability, outperforming conventional CMF batteries by approximately 150%. Read more
Amara Raja Invests €20million in InoBat
InoBat, specialises in research, development, and production of batteries for electric vehicles.Read more
Northvolt unveils Sodium-Ion Battery, Paves way to sustainable energy transition
The World Bank Group's 2023 report on Challenges and Opportunities underscores the water intensity and potential environmental impacts of lithium extraction, driving the search for alternatives like sodium-ion batteries.Read more
KPIT unveils breakthrough Sodium-ion battery technology to alleviate Lithium dependency
Sodium-ion battery tech offers an extended lifespan with 80% capacity retention for 3000-6000 cycles and faster charging capability as compared to Lithium batteries.Read more
