Indian EV Charging Startup Exponent Eyes Funding to Grow Rapid Business

Indian EV Charging Startup Exponent Eyes Funding to Grow Rapid Business

ByNews Polite

Exponent Energy, an Indian rapid charging startup, is in talks with new and existing investors to raise money to expand its energy services business to three-wheeled passenger vehicles and buses, its chief executive told Reuters in an interview.  The maker of electric vehicle batteries that can be fully charged in…

Automakers Plan a Second Life for Old EV Batteries, but That Depends How Long the First Is

Automakers Plan a Second Life for Old EV Batteries, but That Depends How Long the First Is

ByNews Polite

Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the appetite for affordable cars cast doubt on this part of the circular economy. An array of startups offers second-life energy storage using old EV batteries….

Haryana Government Approves State EV Policy, Announces SOPs to Manufacturers

Haryana Government Approves State EV Policy, Announces SOPs to Manufacturers

ByNews Polite

The Haryana government on Monday approved the State Electric Vehicle (EV) Policy 2022 offering several financial incentives to EV manufacturers. A decision in this regard was taken at a meeting of the state cabinet which met here under the chairmanship of Chief Minister Manohar Lal Khattar. The EV policy offers…