Under this partnership, TORK Motors and Log9 will allow customers of both brands to utilise their chargers and charging network, which is based on BCA’s LEV DC interoperable standard (IS 17017-25 and IS 17017-2-6 released by BIS in 2021).
Generating renewable energy is a challenge, but a bigger challenge is storing that energy so that the flow of power is uninterrupted and even. A viable battery management system is the answer to this problem.
Log9 ESOP: Last year the Log9ners had benefited from a similar ESOP buyback nearing INR 1 crore. These initiatives are not just a financial transaction but a reaffirmation of Log9 s dedication to placing employees first, the company said.
Ev Sector: The Economic Survey 2023 predicts that India s domestic electric vehicle market will see a 49 percent compound annual growth rate (CAGR) between 2022 and 2030, with 10 million annual sales by 2030. Notably, an official statement from NITI Aayog also said that the EV industry’s growth in India is expected to create around 5 million jobs by the end of next decade.