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Fayetteville police solve 5 store burglaries, arrest Atlanta man

A total of five Fayetteville burglaries dating back to October 2020 were recently resolved with the recent arrest of a 36-year-old Atlanta man. Bobby J. Colston, 36, was charged with […] ....

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Delhi Startup Sell Batteries to India's Top EV Makers, Earns Rs 50 Cr Annually

Delhi: Ipower Batteries, a startup run by Vikas Aggarwal, earns crores as a leading battery manufacturer for electric vehicle (EV) companies. ....

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Benling, eBikeGo electric vehicle supplier Ipower to roll out India-made battery cells soon

Benling, eBikeGo electric vehicle supplier Ipower to roll out India-made battery cells soon
© Provided by The Financial Express
Vikas Aggarwal
Electric vehicles have the battery as their main component. The battery is the powerhouse that provides the vehicle with the capacity to propel itself forward or in some cases, reverse as well. The biggest challenge today is the fact that the batteries are imported and due to this the cost of the EV goes up. Did you know that 60 per cent of your electric vehicle’s cost is due to the batteries. Now, in India, there are very few companies that manufacture these batteries – primarily due to to the higher cost of making them in-house. Express Drives happened to chance upon one such battery maker – Ipower. This company has a backing of three decades of experience in battery manufacturing and R&D, though Ipower Batteries started full-fledged operations in December 2019 and has emerged as one of the leading green energy batter ....

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Richmond man sentenced to prison for employment tax fraud

Richmond man sentenced to prison for employment tax fraud
Prison generic
By NBC12 Newsroom | February 16, 2021 at 5:34 PM EST - Updated February 16 at 5:34 PM
RICHMOND, Va. (WWBT) - A Richmond businessman was sentenced to prison for failing to collect, truthfully account for and pay over employment taxes.
Rama Gogineni was sentenced to 11 months in prison and ordered to pay the IRS $980,219.01 in restitution. He will also have three years of supervised release after serving his time in prison.
Court records say Gogineni was the president and director of Computech Systems, Inc. in Richmond
“Gogineni was responsible for collecting, truthfully accounting for, and paying over Social Security, Medicare, and income taxes withheld from his employees’ wages. From approximately 2007 through 2015, Gogineni failed to pay nearly one million dollars in employment taxes to the IRS. Gogineni entered into three separate installment agreements with the IRS ....

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This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year

This Made in India EV battery maker recorded Rs 50 Cr turnover in 1 year
Delhi-based iPower Battery’s energy solutions are popular among EV startups such as Okinawa, Crayon Motors, EbikeGo, Mobycy, Tunwal, Deltic etc as they are swappable, modular, and come with advanced tracking, geo-fencing, remote monitoring, etc.
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When
Elon Musk’s Teslaentered India and set up a subsidiary in January 2021, it was like a stamp of approval for the nation’s burgeoning electric vehicle (EV) industry. The US-based electric car giant is setting up its manufacturing unit in Karnataka, said
Chief Minister BS Yediyurappa recently.
The government has set a goal of 30 percent EVs by 2030, and the EV industry is working to meet this target. Numerous EV companies and startups such as Okinawa, Crayon Motors, EbikeGo, Mobycy, Tunwal, Deltic, and Lohia have hit the ground running. ....

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