Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
Mumbai Gets Renewable Energy Powered Ultra-Fast Charging Station from Audi Updated On Thu, Dec 14th, 2023 by Saurenergy Audi, the German luxury car manufacturer, today inaugurated an ultra-fast charging station in Bandra Kurla Complex (BKC), Mumbai. Conceptualized and developed in collaboration with ChargeZone, the ultra-fast charger boasts a total capacity of 450kW, to deliver 360kW of power to an electric vehicle and is enabled by a 500 amps liquid-cooled gun to ensure high […] Read more
Battery Swapping Firm RACE Energy Sets Foot into Sri Lanka Market Updated On Thu, Dec 14th, 2023 by Saurenergy Hyderabad’s RACE Energy, a deep-tech electric vehicle infrastructure firm for battery swapping, has marked its entry into international markets by stepping foot into the Sri Lankan market. RACE Energy has joined hands with Lanka E-Mobility Solutions (LeMS) towards piloting its battery swapping technology. This announcement comes under the ‘e-wheel’ brand for electric three-wheelers in Colombo. […] Read more
Honeywell to Supply BESS of 124 MWh to US Virgin Islands Updated On Wed, Dec 13th, 2023 by Saurenergy Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […] Read more
LOHUM Partners with UAE Govt for Kingdom’s First EV Battery Recycling Plant Updated On Wed, Dec 13th, 2023 by Saurenergy LOHUM Cleantech, a producer of sustainable energy transition materials, has announced expansion into the UAE market to build the UAE’s first EV battery recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation firm. The partnership comes in light of UAE’s COP28 agenda […] Read more
China Ahead Of US, EU In Battery Recycling To Meet Lithium Demand: Report Updated On Tue, Dec 12th, 2023 by Saurenergy A recent report published by a resources conservation and recycling journal shows that, China is ahead of Europe and the US in using battery recycling to meet its needs for Lithium, Cobalt and Nickel for batteries for electric vehicles (EVs). With the increase in the production of batteries for electric vehicles, demand is also rising […] Read more
Hindalco to Infuse INR 800 Cr for Battery Foil Manufacturing Facility Updated On Tue, Dec 12th, 2023 by Saurenergy Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The firm is investing INR 800 crore to build a new plant near Sambalpur in […] Read more
Convergence Energy Services Limited Calls Bus Operators for Supply of 3,600 E-buses Updated On Tue, Dec 12th, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has issued a Request for Proposal (RFP) for the selection of bus operator for procurement, supply, operation and maintenance of 3,600 electric buses and development of allied electric and civil infrastructure on Gross Cost Contracting under PM e-Bus Sewa. The online bid submission ends on December 14, 2023. The techno-commercial […] Read more
Tata Passenger Electric Mobility Teams Up with CPOs for 10,000 EV Charging Points Updated On Tue, Dec 12th, 2023 by Saurenergy An arm of Tata Motors, Tata Passenger Electric Mobility Ltd., has joined hands with various charge point operators (CPOs), Chargezone, Glida, Statiq and Zeon, for the rollout of more than 10,000 additional electric vehicles charging points. The time period to achieve this is within the next 12-15 months. Thus, EV owners will have access to […] Read more
