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Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

announced the renewal of the Industrial Mining Licence for the Malsiripura, M1 mining project in Sri Lanka (known as Ceylon until 1972) from the Geological Survey and Mines Bureau (GSMB). The K1 mining project is fully permitted, and the company is in the process of deepening the shaft and has doubled capacity for hoisting graphite.

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ASK Auto forms JV with AISIN Group to enter domestic, global car parts aftermarket – ET Auto

Baua Electric

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

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Elcora awarded NSERC-ENGAGE grant to support development of graphene supercapacitors

Green Car Congress

The supercapacitor market is forecast to reach US$2.18 Elcora was founded in 2011 and has been structured to become a vertically integrated graphite & graphene company. The project will focus on studying Elcora’s high-quality graphene as an electrode material for supercapacitors. billion by 2022 at a CAGR of 20.7%

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Joy e-bike maker to develop hydrogen scooter, eyes global expansion | Autocar Professional

Baua Electric

Furthermore, the company plans to set up a new 100-acre EV ancillary cluster in Gujarat to manufacture components and the focus will be on consolidating operations and maximising output from the Gujarat facilities for now.

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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.

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Exide and Leclanché launch Li-ion battery JV in India

Green Car Congress

Exide Industries Ltd, India’s largest manufacturer of lead acid storage batteries and power storage solutions provider, and Switzerland-based Li-ion battery manufacturer Leclanché SA announced a joint venture to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market and grid-based applications.

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Hero Cycles delivers first batch of made in India electric bicycles to Germany 

Electric Vehicles India

The Indian motorcycle manufacturer electric bicycle division has now looking for Europe and the continent’s burgeoning electric bicycle market. The shipments mark a step towards establishing Hero Motors as the largest fully integrated e-bike company in Europe. . New leader in the European market.

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