Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility Updated On Fri, Sep 16th, 2022 by Saurenergy Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […] Read more
EV Charging Firm Terawatt In $1 Billion Funding Deal Updated On Fri, Sep 16th, 2022 by Saurenergy San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure came out of stealth mode in May 2021 , and has been co-founded by investment adviser Keyframe Capital. Cyrus Capital also funded […] Read more
Shell Targets Installing 10,000 Charging Stations Across India By 2030 Updated On Fri, Sep 16th, 2022 by Saurenergy Recently, the multinational oil corporation Shell unveiled its first electric vehicle (EV) chargers for India’s two- and four-wheeled vehicle markets. The initial market for Shell chargers in India are two wheelers. Shell announced plans to install more than 10,000 charging stations across India by 2030. The Shell Recharge chargers are powered entirely by green energy. […] Read more
Honda to Launch E-Rickshaw Battery Swapping, New E-Motorcycles in India Updated On Thu, Sep 15th, 2022 by Saurenergy Japan-based carmaker Honda has revealed its plans to establish a battery-sharing service for e-rickshaws in India. Honda said that it will achieve the task by the end of 2022. The maker has also launched its electric two-wheelers in India. The company said in a statement, “In India, Honda is planning to begin its battery sharing […] Read more
Delhi Govt Launches EV Charging, Battery Swapping Stations Updated On Thu, Sep 15th, 2022 by Saurenergy The Delhi Government’s Switch Delhi website now features an open database for EV charging and battery swapping facilities. The open database was developed to unify all battery swapping and charge stations on a single platform, allowing public access to more than 2,500 charging stations in the nation’s capital. The decision follows several measures the local […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more
Denver’s Iontra Raises $38 Million Series B to Commercialise Battery Charging Platform Updated On Thu, Sep 15th, 2022 by Saurenergy Denver-based battery performance and safety technology company, Iontra, has announced the closing of its $38 million Series B financing-led by Volta Energy Technologies, with participation from Flag Group and other investors. Iontra said that it has been in stealth mode for nearly a decade and has partnered with various OEMs to commercialize its technology that […] Read more
Start-up Adden Energy Develops EV Battery that Charges in 3 Minutes, Lasts 20 Years Updated On Thu, Sep 15th, 2022 by Saurenergy Start-up Adden Energy has innovated a battery for electric cars that promises to achieve full charging in three minutes and also lasts two decades. The start-up announced that it has received the grant of an exclusive technology license by Harvard University’s Office of Technology Development (OTD) and a seed round financing of $5.15 million. Adden […] Read more
Magenta Mobility Partners with Flipkart for Debut in Delhi Market Updated On Mon, Sep 12th, 2022 by Saurenergy The last-mile transportation provider in India, Flipkart, has announced a partnership with Magenta Mobility, a company located in Karnataka that offers electric mobility solutions. Through this partnership, Magenta Mobility will officially enter Delhi-NCR and add over 400 electric cargo cars to the Flipkart fleet there. This fleet deployment goes above and beyond what Magenta currently […] Read more
