1. Ratan Tata-backed startup debuts mobile EV charging service.
Ratan Tata-backed energy distribution startup ‘Repos Energy’ launched an organic waste-powered ‘mobile electric charging vehicle’. Repos has signed an agreement with ‘waste to power’ organization ‘Urja Bio System’ & battery recycling company ‘Batx Energies’ for mobile distribution of clean power to EVs through second-life batteries.
Repos proposes to create an ecosystem that facilitates the delivery of all forms of energy at the doorstep of end-consumers with the help of technology. The company believes mobile energy distribution is the future and the fastest way to make energy reach the end-user.
This new offering by the startup is designed as a fast-charging service available any day, anytime, anywhere. The company’s new ‘Green Mobile Electric Charging Vehicle’ accumulates power generated through waste into recycled second-life batteries and then carries out the distribution through mobile electric charging vehicles.
About 75% of power in India is generated through burning of coal and then using this power to charge EVs. Battery reuse & recycling is also an issue in the country. As an attempt to find a solution for these problems, Repos has come up with this solution of ‘waste to power’ fuelled ‘Mobile Electric Charging Vehicles’ where power produced through waste is stored in recycled 2nd life batteries which in turn are mounted on mobile vehicles used as charging stations for end-consumers. The entire process ensures negligible carbon emissions thus serving the overall purpose of clean energy generation & distribution.
2. Magenta collaborates with Amazon India for EV charging solutions.
Electric mobility & charging solutions provider Magenta has announced a collaboration with Amazon India. As part of the tie-up, Magenta will work with the global giant to induct a fleet of electric vehicles comprising electric two, three & four-wheelers, for its delivery partners. Magenta will also provide charging solutions for the same. The partnership is part of Amazon India's plan to induct 10,000 EVs into its fleet by 2025.
3. Electric fleet startup BluSmart raises Rs.2000 crore.
BluSmart Electric Mobility, an all-electric cab services company, has raised nearly $250 million (Rs.1997 crore) from investors. BP Ventures already has a stake in BluSmart and has invested in this round as well. Most of the other funding will come from global investors based in the US & Europe.
The newly-raised funds will be used for purchasing more EVs and expanding the charging infrastructure. The company aims to deploy 5000 electric cars by the end of this year.
Back in September 2021, BP Ventures invested $13 million (Rs.10.38 crore) in BluSmart as its first Indian deal.
Founded in 2006, BP Ventures is the corporate venture arm of oil & gas major BP, headquartered in London.
4. Mahindra to hire 900 professionals for EV development.
Mahindra is looking to recruit 900 professionals for its Chennai-based R&D centre ‘Mahindra Research Valley (MRV)’. The company’s electric division is ramping up its engineering team by bringing onboard 900 engineers to strengthen its EV game and design & develop new electric vehicles. Till recently, Mahindra Electric’s R&D base was in Bengaluru. That wing will continue to play a supporting role.
By 2027, Mahindra plans to have 5 electric SUVs in its line-up: 4 new EVs and the eXUV400.
5. Delhi Govt begins setting up 14 EV charging stations.
The Delhi Govt has begun the process of building 14 EV charging stations at bus depots in the capital city. The new charging stations are coming up at bus depots in Rajghat, Chhattarpur, Dwarka, Bawana amongst other areas. These charging stations will have real-time status notification system. The EV users will be charged under Rs.2 per unit. Currently, Delhi has 573 EV charging stations and 812 EV charging points.
6. Toyota India’s plans for electric & hybrid vehicles.
Toyota India plans to build a favourable ecosystem for electric & hybrid cars in the country which involves upgradation of its technical training institute, introduction of electric cars and hybrid cars.
The ‘Toyota Technical Training Institute’ will introduce programs for servicing hybrid & electric vehicles. The institute has also increased the number of seats from 200 to 1200.
Toyota recently introduced the hybrid version of its SUV ‘Urban Cruiser’. The company believes hybrids can offer a solution to the problem of lack of EV charging infrastructure in India at the moment.
For complete EV charging solutions, explore the Kazam website.
