LEAD ACID BATTERIES
Not so well known stakeholders of EV ecosystem: 8 stocks that don't come instinctively, 3 with an upside potential of more than 18%
We also have a whole list, but we have separated the eight companies, just because these companies are not the names which one would instinctively think about and probably they may have more to go as they form this index.
Tesla Power India asks vendors to remove Tesla marks from EVs amid trademark dispute
Gurugram-based Tesla Power India informed the Delhi High Court about removing Tesla marks from electric scooters. The company assured compliance with its undertaking and refrained from entering the electric vehicle market.
Delhi High Court seeks details from Tesla Power India in trademark case with Tesla Inc
The Delhi High Court has requested Gurugram-based Tesla Power India to submit an affidavit detailing the sales figures of electric vehicle scooters and the current inventory in a trademark dispute with US electric vehicle giant Tesla Inc. Justice Anish Dayal has instructed the company to provide information on dealers, launch dates, and stock availability. This directive follows Tesla Inc.'s claim that Tesla Power was selling electric scooters through dealers under different sub-brands despite an earlier agreement.
Tesla vs Tesla: Court asks Tesla Power India to furnish dealer and product details
The Delhi High Court directed Gurugram-based Tesla Power India to detail stocks, sales of electric vehicle scooters in response to a petition by Tesla Inc. on a trademark infringement suit. The court will hear the case on Thursday.
Coconut power for EVs? How startups are racing to decarbonise batteries
With the world betting on electric vehicles, the need for greener batteries has become important to maintain the balance between development and sustainability.
It’s a buy-on-dips market but we have not increased cash allocation: Abhay Agarwal
Abhay Agarwal says "we have recently rebalanced our model portfolio, booked some profits in small and midcaps that we have over allocated to last year at the same time and redeploying them in largecaps where we see more value now. That is the only change that we have made in the portfolio. Other than that, we do not have increased cash allocation."
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Leasing of lithium-ion batteries for 3-wheelers to be rolled out soon in Kolkata
On the streets of Kolkata and surrounding areas, e-rickshaws, popularly known as 'toto', are set to be powered by lithium-ion batteries with the rolling out of a battery leasing model, officials said on Sunday. Neuron Energy, a lithium-ion battery maker, has joined hands with Urja Mobility to spearhead the leasing model which has so far been heard only in the business-to-business EV sector, they said.
Hyundai, Kia partner with Exide Energy Solutions for EV battery localisation in India
Hyundai Motor Company and Kia Corporation have teamed up with Exide Energy Solutions Ltd, an Indian battery manufacturer, to localize electric vehicle (EV) battery production in India. They aim to focus on lithium-iron-phosphate (LFP) cells, aligning with their EV expansion plans for the Indian market.
From waste to wealth: The economics of battery refurbishing
Battery refurbishment emerges as a key solution for environmental challenges, extending lead-acid battery life and reducing premature failures. This sustainable approach not only enhances battery performance but also offers cost-effective benefits, promoting environmental well-being.
Behind the scenes of a battery refurbishing business that's turning old batteries into new powerhouses
Battery refurbishing is a sustainable and cost-effective solution for the future of energy storage. It reduces the demand for new batteries and decreases waste. The process involves screening batteries based on various factors like manufacturer information and physical conditions. Refurbished batteries provide a new life for old batteries, contributing to a greener future.
Tesla Power India launches refurbished battery brand ReStore
Tesla Power India said approximately 10 crore lead acid batteries are scrapped and replaced every year in India, costing Rs.40,000 crore to the Indian economy.
Agrochem seeing subdued demand, battery chemicals in focus: Ajay Joshi
Ajay Joshi says: “In battery chemicals, in the electrolyte and solvent space, Aether Industries, AMI Organics, Tatva Chintan, are some of the companies that are going to do well. In fact, Aether Industries, also happened to sign an MOU with the leading EV company for a multi-year supply contract of electrolyte.”
Solution to pollution: Are electric cars ‘green’?
While demand for EVs is rising, India needs to ensure that this transition in transportation is truly green.
EV sector has swerved back into funding avenue. But why are investors staying cautious?
Investment in the Indian electric vehicle (EV) ecosystem is on the rise, with deals worth $1.2bn announced between January and August 2023, set to surpass the total funding announced in 2022, according to Tracxn. The sector has seen a 60% growth in funding in Q3 2023 compared to Q3 2022, and experts predict the emergence of unicorns and consolidation in the EV space. Investment is increasingly focused on credible companies with strong technology and a clear path to profitability, and there is growing interest in EV components, EV mobility services, and the entire EV ecosystem.
How engineer terror suspects used advanced education skills to make bombs from matchsticks, floor cleaners
Delhi Police's Special Cell has arrested two individuals with expertise in creating improvised explosive devices (IEDs) using common chemicals. Mohammed Shahnawaz Alam, a mining engineer, and Arshad Warsi, a physics teacher and PhD student, were taken into custody for suspected involvement in terror-related activities. The suspects had knowledge of explosives, raising concerns among the anti-terror unit.
Empowering India: A glimpse into Battery Energy Storage Systems for a sustainable future
India envisions a future where 30% of new vehicle sales will be electric by 2030. A substantial amount of battery storage is needed to facilitate this shift - a staggering 34 GW or 136 GWh to support the additional 450 GW of renewables.
Lead poisoning can have damaging effects, it may lead to loss of IQ and mortality, says study
Lead poisoning poses a greater threat to global health than previously believed, potentially causing over five million deaths annually and leading to a loss of nearly six IQ points in young children.
Best Inverter batteries under 250 Ah for uninterrupted power and unmatched reliability
Elevate your power backup solution with our cutting-edge 250Ah inverter batteries. Designed for enduring performance, these batteries ensure uninterrupted electricity supply during outages. Their advanced technology guarantees long-lasting reliability, making them a wise investment for your home or business. Say goodbye to power disruptions and embrace a more efficient, dependable source of energy. Upgrade to the best inverter battery under 250Ah today and enjoy continuous power, worry-free.
India's renewable energy ambitions could exceed 500 GW, says ISA DG Ajay Mathur
India is poised not only to achieve its ambitious target of 500-gigawatts renewable energy capacity by 2030 but also surpass it, driven by an anticipated decline in battery prices by 2025, according to Ajay Mathur, Director General of the International Solar Alliance (ISA). In an interview with PTI, Mathur, who has also been a member of the Indian Prime Minister's Council on Climate Change, said global climate finance distribution remains skewed and that reforming multilateral development banks and facilitating renewable energy investments have been priority areas of India's G20 presidency.
100Ah Inverter battery for everyday powerful backup starting at Rs.8,900
Experience uninterrupted power with our selection of 100Ah inverter batteries, designed to deliver robust and reliable backup for your everyday needs. This list of 100Ah inverter battery options provide ample capacity to keep your essential appliances running during power outages. Discover a range of options that combine affordability with powerful backup performance, ensuring your home remains comfortable and functional, regardless of electricity disruptions.
Amara Raja Batteries to expand into two-wheeler market to power growth
Amara Raja, which currently has customers only in the three-wheeler EV market, gets about 2.5% of its revenue from its lithium-ion battery business, while the rest of its total revenue of 103.85 billion rupees ($1.25 billion) in fiscal 2023 was from its flagship lead acid storage battery-making unit.
Clarios ARBL sells entire 14% in Amara Raja Batteries via block deal; Kotak MF, Societe Generale pitch in as buyers
According to bulk deal data available with the exchanges, Clarios ARBL has offloaded about 2.39 crore shares in the company at a price of Rs 652.9. According to latest shareholding data, the company is majority owned by public shareholders at 71.94% stake, while promoters own the rest 28.06%.
How to choose right battery for Electric two-wheelers
Being the prime energy source of an EV, batteries determine the range, speed, and cost of the EV. Therefore, while choosing the battery for electric two-wheelers (E2Ws), several key elements must be considered.
7 Best Inverter Batteries in India for Ultimate Power Backup Starting at Rs. 6,840
An efficient inverter battery can prove to be the most ideal solution to frequent power outages, especially in the hot Indian summers. The best inverter batteries in India are not only cost-effective in comparison to diesel generators but are also compact and easy to store. Read on to know more.
Best Exide Inverter in India for Home: Get Complete Power Coverage
We understand that an inverter is an important household appliance these days because almost everything runs on electricity, even our jobs. To help you find an inverter that is perfect for your house, we have curated a list of the best inverters from Exide. Continue reading this article to find the best Exide inverter in India for your house.
New faces will compete with Amara Raja in lithium-ion batteries for years to come: Vikramadithya Gourineni
India's Amara Raja Batteries is set to construct a commercial pilot plant and two-gigawatt hour manufacturing facility, among other facilities, as part of the first phase of its $1.3bn investment in battery cells. The company, which is targeting 60% domestic value addition within five years, predicts that technological innovations and the discovery of more critical materials will suppress the increased price of batteries to enable healthy discounting, and says it will remain dependent on raw material imports in the short term.
EV battery company Pointo raises $3 million funding
EV battery start-up Pointo has raised $3 million funding from investors for its expansion into 20 districts of West Bengal. The EV company, backed by Mufin finance, said that 4MW li-ion batteries will be deployed in West Bengal by 2024.
Reducing tax, doling subsidies to regulated recycling sector can help reduce lead pollution: Study
Recycling was put forward as a good way to deal with the scarcity of metal and to handle the accompanying pollution. However, the proper recycling of lead is still a concern and it is lagging due to mushrooming of the unregulated battery recycling sector alongside the regulated ones.
Amara Raja Batteries plans $1 billion capex in 5-7 years, to focus more on new-age energy storage systems
The battery maker would be focusing more on the new-age energy storage systems such as Lithium-ion Technology keeping in view the market trends as Lead Acid battery market growth rate is expected to taper off over a period of time, S Vijayanand, President, New Energy wing of Amara Raja said.
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