BLive Raises $1 Million Investment in Pre-Series A Round From Four Investors Updated On Thu, Mar 18th, 2021 by Saurenergy A Goa-based travel tech platform that offers electric bikes for immersive experiential tours, BLive has announced that it has raised an investment of USD 1 million as part of the follow-on capital of the Pre-Series A round. The EV tourism initiative BLive has informed that the funding was a combination of debt and equity was […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
Hero Electric Delivers 50,000 Units in 2020, Tops the Segment Updated On Thu, Mar 18th, 2021 by Saurenergy A pioneer and market leader in the Indian Electric Two-Wheeler industry, Hero Electric announced that it has sold over 50,000 electric two-wheelers in 2020 consequently retaining the top slot in the segment. According to PTI, the company also announced that its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across […] Read more
Electric Vehicle Demand in India More Than Doubled in the Last 3 Years Updated On Thu, Mar 18th, 2021 by Saurenergy In a written reply to a question on electric vehicles (EVs) in the Lok Sabha, Minister of State for Heavy Industries Arjun Ram Meghwal said that the number of registered EVs as per the e-Vahan portal during the last three years has seen a consistent increase. As against 69,012 units of EVs sold in India […] Read more
MG Motors India Partners With IIT Delhi for Research in EVs & Automotives Updated On Wed, Mar 17th, 2021 by Saurenergy The Indian subsidiary of Chinese automotive manufacturer, MG Motors India has announced its extended partnership with IIT Delhi. The partnership will facilitate the research at the Centre for Automotive Research and Tribology (CART) for ground-breaking research in the field of electric and autonomous vehicles. The partnership through Foundation for Innovation and Technology Transfer (FITT), IIT […] Read more
Shuchi Anant Virya Partners with HPCL to Build EV Charging Points Updated On Wed, Mar 17th, 2021 by Saurenergy Shuchi Anant Virya, a 50:50 joint venture of a renewable energy solutions provider Fourth Partner Energy and EV fleet operator Lithium Urban Technologies, was set up for electric vehicle (EV) charging infrastructure in March 2020. Today, Suchi Anant Virya has announced its partnership with ONGC owned Hindustan Petroleum Corporation Limited (HPCL) , to set up […] Read more
IIT Brings Prototype to Use Hydrogen Fuel With Ease and Safety Updated On Wed, Mar 17th, 2021 by Saurenergy IIT (BHU) professor Dr. Rajesh Kumar Upadhyay has come up with a membrane reformer prototype for producing ultra-pure hydrogen from methanol. IIT (BHU) professor Dr. Rajesh Kumar Upadhyay, department of chemical engineering and technology, and his team have come up with a membrane reformer prototype that can produce ultra-pure hydrogen from methanol. The team informed […] Read more
EV Charging Stations Must For New Houses in Chandigarh: UT Administration Updated On Wed, Mar 17th, 2021 by Saurenergy The Administration of UT Chandigarh has been planning to build framing guidelines for installing the electric vehicle (EV) charging stations at every new house to be built in an area of 605 square yards or above in Chandigarh. The UT administration is thinking about making it mandatory to have EV charging stations at new houses. […] Read more
Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025 Updated On Tue, Mar 16th, 2021 by Saurenergy Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […] Read more
