Australia Releases New Policy To Augment Battery Production Updated On Mon, May 27th, 2024 by Saurenergy Australia is currently positioned as one of the 15 top-ranked global leaders in mineral resources, and commodities, underscoring its potential to drive innovation and economic growth. Recognizing this, Australia has embarked on a transformative journey with its National Battery Strategy, a pivotal initiative to catalyze a robust domestic battery industry. This new strategy according to […] Read more
Zypp Electric Raises $15Mn Investment From ENEOS Updated On Mon, May 27th, 2024 by Saurenergy Zypp Electric, an Indian-based tech-enabled EV-as-a-service platform, has kicked-off its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS, comprised of Series C1 funding of $15 million in equity closure as part of its ongoing $50m round, which splits into $40m equity and $10m in debt. The equity funding […] Read more
Zevo Inks Deal With Zen Mobility For Last Mile Delivery Updated On Fri, May 24th, 2024 by Saurenergy Electric Vehicle supply chain firms ZEVO and Zen Mobility have inked a deal regarding improving last-mile delivery in India. The agreement is premised on automotive solutions in which Zen Mobility created the Zen Micro Pod, a unique car made specifically to maneuver through India’s clogged city streets. According to Zen Mobility, this partnership will improve […] Read more
Airbnb Inks Deal With ChargePoint To Expand EV Charging Firm At Its Listings Updated On Thu, May 23rd, 2024 by Saurenergy Electric Vehicle charging solutions firm ChargePoint and Airbnb have announced a partnership to meet demand in EV charging from Airbnb guests. The partnership aims to make it easier for Airbnb hosts in the United States to install EV chargers at their listings and expand access to EV chargers across the U.S. “We are thrilled to […] Read more
ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors Updated On Thu, May 23rd, 2024 by Saurenergy ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […] Read more
Global EV Market To Grow By $343 Billion In Next 4 Years: Report Updated On Wed, May 22nd, 2024 by Saurenergy The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […] Read more
EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
Tata Motors, Bajaj Finance Tie-up For Boosting EV Financing Updated On Mon, May 20th, 2024 by Saurenergy In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of diversified financial services groups. This partnership extends supply chain finance solutions to its […] Read more
Stonepeak, CHC Form Japanese Battery Energy Storage Platform Updated On Fri, May 17th, 2024 by Saurenergy Stonepeak, an alternative investment firm specialising in infrastructure and real assets, and CHC, a battery energy storage system project development and electricity data management company headquartered in Singapore, have announced the creation of a platform focused on the development, construction, and operation of energy storage projects in Japan. The platform will focus on developing, constructing, […] Read more
