Towards EV Solutions

Thunderplus’s “Charger Lagao Paise Kamao” Initiative to Support Economic and Sustainable Growth in India ThunderPlus, an EV charging enterprise in India, has introduced a new campaign, ‘Charger Lagao Paise Kamao,’ to transform household units into earners using electric vehicle charging points. This program goes a step further and provides a solution to the challenge in the growth of sustainable energy exploitation, targeting communities, most particularly women and disabled people. The participants do not have to do much as the initiative provides the necessary #evcharginginfrastructure and allows them to earn a viable income. Register for the Program ? Individuals interested in participating can register via ThunderPlus’s official website or through associated partner platforms. During registration, they provide personal information and specify the location for charger installation, ensuring the charger is in a suitable and accessible spot. ??Purchase and Install the ThunderPlus Charger ? After registration, participants buy a 3.3 KW OCPP AC charger for Rs 9,999. This charger is versatile, capable of charging two-, three-, and four-wheel electric vehicles, and is built for durability with an IP67 rating (water and dust resistance). ?ThunderPlus handles the installation to meet necessary safety and performance standards. ??Activate and Start Earning ? Once the charger is installed, it’s activated and listed on ThunderPlus’s app, making it visible to nearby EV owners seeking charging stations. ? Charger owners earn income every time their charger is used, with earnings potential of up to Rs 15,000 monthly per charger. In areas with high demand, individuals operating multiple chargers may earn as much as Rs 50,000 monthly. Read Detailed News: https://lnkd.in/dxDddrYb ??Key Specs and Features ? Power Output: 3.3 KW AC, suitable for slower charging, making it ideal for private spaces. ? Compatibility: Supports multiple types of EVs, including two-wheelers, three-wheelers, and four-wheelers. ? Cost: Rs 9,999, making it affordable for a broad user base to participate. According to the Precedence Research report, the global #evchargingstation market size is calculated at USD 44.52 billion in 2024 and is projected to hit around USD 344.61 billion by 2032 with a remarkable CAGR of 29.1% from 2023 to 2032. #towardsevsolutions

Major Asian Carmakers and Technology Companies to Develop Solid-State Batteries Leading Asian carmakers and tech giants, including Nissan Motor Corporation, Toyota Motor Corporation, and Samsung Electronics SDI, plan to develop #solidstatebatteries. Solid-state batteries (#SSBs) are an evolving technology that significantly advances traditional #lithiumionbatteries. They utilize a #solidelectrolyte rather than the liquid or gel electrolytes that are found in conventional batteries, which promises enhanced safety and energy density. However, the manufacturing process for solid-state batteries is complex and still needs a fully developed supply chain. These challenges contribute to higher production costs, deterring many major manufacturers from fully committing to this technology at scale. Browse Full News ?? https://lnkd.in/d3nZxGEW Electric Vehicle Battery Market According to Precedence Research’s detailed report, the global #electricvehiclebattery market size is calculated at USD 63.51 billion in 2023 and is projected to surpass around USD 573.08 billion by 2033, expanding at a CAGR of 25.1% over the forecast period 2024 to 2033. The electric vehicle battery market is driven by rising fuel prices, increasing environmental awareness, a global push for sustainable transportation, government incentives and policies, and advancements in battery technology. Key Highlights of Electric Vehicle Battery Market: ?? The Asia Pacific electric vehicle battery market size was valued at USD 18.26 billion in 2023. ?? Asia Pacific accounted for the biggest market share of 40.19% in 2023. ?? By battery type, lithium-ion battery segment recorded the largest maket share of 64.96% in 2023. ?? By battery type, the Lithium-ion battery segment contributed the highest market share of 32.52% in 2023. ?? By vehicle type, the commercial vehicles has held the biggest market share of 55.14% in 2023. ?? By propulsion, hybrid electric vehicle segment captured the largest market share of 34.60% in 2023. ?? By capacity, 50-110 kWh segment hold 32.23% revenue share in 2023. ?? By material, manganese segment hold 25.95% revenue share in 2023. ?? By battery form, pouch segment has generated revenue share of over 43.03% in 2023. Country-wise Breakout of Electric Vehicle Battery Market: ? China electric vehicle battery market was valued at USD 7.25 billion in 2023 and it is expected to reach at CAGR of 26% from 2024 to 2033. ? Japan electric vehicle battery market was valued at USD 5.11 billion in 2023 and it is projected to grow at a CAGR of 25.5% from 2024 to 2033. ? South Korea electric vehicle battery market was valued at USD 5.87 billion in 2023 and it is expanding at a CAGR of 25.3% from 2024 to 2033. ???????????????? ???????????????? ???????????????? ?? https://lnkd.in/gHZ28wzY #precedenceresearch #towardsevsolutions

Honda eActiva: A Game-Changer in India’s Electric Two-Wheeler Market Honda Motorcycle & Scooter India Pvt. Ltd., a subsidiary of Honda Motor Company, is preparing to step into the #electricvehicle (EV) sector with plans for the eActiva, which is the electric variant of its bestselling Activa scooter. The Honda Activa EV is scheduled to be launched in the Indian market on November 27, 2024, and will be a revolutionary product for the two-wheeler segment. In India, the #EVindustry is expanding at a high pace as more people embrace eco-friendly means of transport. View detailed news here ?? https://lnkd.in/dh6rH7hV Electric Scooters Market Size 2024 to 2032 According to the Precedence Research report on the?electric scooters market size?was valued at USD 40.92 billion in 2024 and is predicted to surpass around USD 88.75 billion by 2032, growing at a solid CAGR of 57.3% from 2024 to 2032. ?The global electric scooters industry is anticipated to be driven by increasing electric scooter sharing services owing to their costeffective urban commute for end-user across all the developed and developing economies across the globe. Know about Electric Scooters Market Size, Visit Here ?? https://lnkd.in/g9Es6xaU Top Companies of Electric Scooters: Gogoro AllCell Technologies, LLC BMW Motorrad Green Energy Motors Corp. American Honda Motor Company, Inc. Greenwit Technologies Inc, Jiangsu XINRI Co., Ltd. KTM AG Peugeot Motocycles Terra Motors Corporation Suzuki Motor Corporation Vmoto Limited THAI YAMAHA MOTOR COMPANY LIMITED Xiaomi Technology #precedenceresearch #towardsevsolutions

Mahindra to Launch New Electric SUVs, Entering the Luxury Vehicle Market Mahindra and Mahindra Limited [Automotive and Farm Equipment Business] revealed its plan to launch two high-profile #electricSUVs on November 26, 2024. This launch is expected to create a historical event in the Indian automotive industry and depict how Mahindra calmly implements new values and innovation in its future vehicles. It also wants to meet the increasing market need for luxury electric vehicles and strengthen its market leadership. Precedence Research’s analysis uncovers that the #Indiaelectricvehicle market revenue was USD 11.36 billion in 2024 and is expected to cross USD 1,053.10 billion by 2034. The Indian EV sector is growing at a compound annual growth rate (CAGR) of 57.3% from 2024 to 2034. #towardsevsolutions Read More: https://lnkd.in/d4q5VrUt

EV LAB Unveiled the First Electric Mobility Experience Centre in Dubai EV LAB, a pioneering Retail-as-a-Service (RaaS) electric mobility startup, officially opened the region’s first electric mobility experience center in Dubai. Located in Dubai World Trade Center (DWTC), the state-of-the-art facility transforms the way consumers engage with sustainable mobility solutions. The center supports the UAE’s Net Zero 2050 goal, promotes green transportation, and educates the public about the benefits and opportunities of electric mobility. Browse More: https://lnkd.in/dydGgupJ Electric Mobility Industry Key Player Highlights Tesla: Recent Development: Tesla expanded its charging network to support e-bikes and e-motorcycles, and continued to innovate in battery technology for broader EV applications. Revenue: Tesla’s revenue from electric mobility initiatives, especially from charging and energy infrastructure, saw substantial growth in 2023. Gogoro: Gogoro launched its battery-swapping network in select global markets, expanding its sustainable infrastructure and making urban electric transportation more accessible. BMW Group: Introduced the new CE 04 electric scooter, designed for urban mobility and showcasing BMW’s innovation in e-mobility solutions. American Honda Motor Company, Inc.: Honda announced a strategic partnership with Sony to develop new electric mobility solutions and is planning to roll out more electric motorcycle models. Mahindra Group: Mahindra introduced new electric three-wheelers for the Indian market and expanded its partnerships in EV technology and manufacturing. KTM AG: Launched electric off-road motorcycles, appealing to environmentally conscious adventure riders. KTM saw an increase in revenue in 2023, largely attributed to its expanding electric off-road lineup. Ninebot U.S.: Expanded its product line with electric kick scooters designed for urban transport, positioning itself as a leader in micro-mobility. Terra Motors Corporation: Announced new electric three-wheeler models for commercial use in Asia and invested in battery technology R&D. Suzuki Motor Corporation: Collaborated with several Japanese companies on a shared battery consortium to improve battery technology for electric vehicles. Vmoto: Released an upgraded range of high-performance electric motorcycles with longer range and faster charging times. #towardsevsolutions #electricmobility

EVgo Received a Conditional Commitment for a $1.05 Billion DOE Loan Guarantee to Accelerate Public Fast Charging Expansion Across the U.S. EVgo Inc., a major player in the public fast-charging service network for EVs in the U.S., said that it has received USD 1.05 billion as a loan from the U.S. Department of Energy (DOE). This funding is expected to expand the network of high-speed EV chargers across the nation. This will further increase electric vehicle use across U.S. roads and ensure adequate station availability for both urban and rural areas. The DOE loan guarantee will ensure that America develops sustainable transportation infrastructure and achieve net-zero emissions. According to Precedence Research’s report on the global #electricvehiclechargingstation market was valued at USD 44.52 billion in 2024 and is anticipated to touch USD 344.61 billion by 2032, expanding at a CAGR of 29.1% from 2024 to 2032. Read More: https://lnkd.in/d7mJt49t #towardsevsolutions #evchargingstation #ev

ABB’s Energy-efficient Motor and Inverter Pack Solution to Enhance Electric Buses Performance ABB’s new package, which encompasses a HES580 inverter and AMXE250 motor, is specifically designed for electric buses. The new propulsion package is more reliable and efficient than conventional inverters, highlighting a significant leap forward in sustainable, cleaner transportation options. According to Precedence Research’s report on the global #electricbus market size was estimated at USD 32.15 billion in 2024 and is projected to cross USD 113.06 billion by 2034, registering a solid CAGR of 13.4% from 2024 to 2034. Browse Full Insights: https://lnkd.in/d3ay_DRh #towardsevsolutions

Hyundai Motor India Aims to Achieve 15% Market Share in the Near Future Hyundai Motor India Ltd., India’s second-largest car manufacturer, recently debuted on the stock exchanges. Through the introduction of new #electricvehicles and a robust localization strategy, Hyundai Motor India (HMI) aims to penetrate the EV segment, as it targets the sale of 15% market share in the near future. This IPO has become the largest in the country to date, leaving behind the Life Insurance Corp’s Rs 21,000-crore IPO two years ago. According to the Precedence Research’s detailed report, the india electric vehicle market size was evaluated at USD 11.36 billion in 2024 and is predicted to achieve around USD 1,053.10 billion by 2034. The India EV industry is expanding at a double-digit CAGR of 57.3% from 2024 to 2034. Read More: https://lnkd.in/dFYAjJ9z #towardsevsolutions

Nissan to Launch Bi-Directional EV Charging Technology by 2026 Nissan’s strategic business plan, The Arc, focuses on introducing an affordable bi-directional electric vehicle charging technology by 2026 for #electriccars, and it aims to develop advanced revenue streams that will drive innovative technologies and expand the shift toward #electricvehicles. Nissan Motor Corporation’s Ambition 2030 is a long-term strategy aiming to revolutionize the world safer, cleaner, and transformative. Electric vehicle owners can utilize the electricity stored in their car batteries or sell it back to the grid using vehicle-to-grid technology and bi-directional charging. This technology enables electric vehicles to store renewable energy like wind or solar energy, which is considered a crucial effort to reduce dependence on fossil fuels. According to the Precedence Research Report, the global #electricvehiclecharging tation market size was estimated at USD 44.52 billion in 2024 and is predicted to achieve around USD 344.61 billion by 2032. The EV?charging station industry is poised to grow at a remarkable CAGR of 29.1% between 2024 and 2032. #precedenceresearch #towardsevsolutions Know More: https://lnkd.in/dNuiWW4p

Skoda Launches New Electric Vehicles in the Indian Market by 2025https://lnkd.in/dRqC4z7w announced to launch of three new electric vehicles in the Indian market in the upcoming year 2025. According to the media reports, the Czech carmaker is working on three new electric cars including Enyaq EV, Elroq EV, and Skoda Epiq EV that will be launched in the year 2025. The Skoda Enyaq EV will be the first electric car of Skoda that will be presented in the Indian selling market next year. The Skoda Elroq EV will be the first compact electric SUV of Skoda with an 82-kWh battery pack and 286 bhp electric motor. The Czech carmaker isTowards EV Solutions