China, Europe Lead record global EV sales in 2021 Updated On Wed, Feb 16th, 2022 by Saurenergy A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […] Read more
Auto Component Hub Thailand Plans EV Package Updated On Wed, Feb 16th, 2022 by Saurenergy The Thai cabinet is considering tax cuts and subsidies to boost Thailand’s EV market. The idea is clear. To ensure that the South East Asian country remains a hub for component manufacturing, even as the era of ICE vehicles ends over the coming decade and more. The move comes even as Thailand faces a fresh […] Read more
Mahindra to be minority partner in any battery venture, e-XUV 300 launch by Q3, 2023 Updated On Wed, Feb 16th, 2022 by Saurenergy Auto major Mahindra and Mahindra ‘s top tier executives, while discussing its results at an analyst call, made some interesting observations on the firm’s EV and battery plans. On the results side, the firm had a strong Q3, reporting a 155 per cent jump in its standalone profit at Rs 1,353 crore for the December […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
Okinawa’s New E2W Plant in Rajasthan Has 3 Lac Units Annual Capacity Updated On Tue, Feb 15th, 2022 by Saurenergy Indian electric two-wheeler manufacturer Okinawa Autotech has commenced operations at its second manufacturing unit located in Bhiwadi, Rajasthan, the company said in a recent statement. The company expects to be manufacturing close to 3 lakh electric vehicles (EVs) per year at the new plant, aiming to eventually increase the capacity to 1 million in the […] Read more
Powin Signs Up for 5.8 GWh of storage across US, Taiwan Updated On Mon, Feb 14th, 2022 by Saurenergy Powin Energy, a global leader in the design and manufacture of scalable battery energy storage solutions, has announced that it has signed framework agreements with four developers to purchase 5,800 megawatt-hours (MWh) of battery energy storage systems to be allocated across multiple projects in the United States and Taiwan. The energy storage systems will be […] Read more
Chandigarh Admin Notifies Draft EV Policy, Offers Financial Benefits Updated On Fri, Feb 11th, 2022 by Saurenergy Chandigarh Administrator Banwarilal Purohit has approved the “Draft Electric Vehicle (EV) Policy 2022” for the union territory, aiming to turn the latter into a ‘Model EV City’ through a significant increase in EV penetration within five years. Following its recent notification, the draft EV policy will stay in the public domain for a period of […] Read more
KoBold Raises Over $190 M to Source Metals for EV Batteries Updated On Fri, Feb 11th, 2022 by Saurenergy Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […] Read more
India’s 1st Virtual Marketplace for EVs is All Set for Launch Updated On Thu, Feb 10th, 2022 by Saurenergy Electric vehicles (EVs) have begun making inroads into common Indian households as a result of rising innovative collaborations among automobile manufactures, battery producers, research institutes and the government. In anticipation of a fast approaching boom in the sector, the country’s first virtual e-mobility marketplace – EV MARKETZ – is all set for a launch. The […] Read more
