Hyundai Eyes Expansion in India with Investment Worth INR 20,000 Cr in Tamil Nadu Updated On Fri, May 12th, 2023 by Saurenergy Korean automaker Hyundai Motor is intent on augment its Electric Vehicle (EV) market in India. The firm has said that it is looking to make an investment worth Rs 20,000 Cr for the upgradation of its facilities in Tamil Nadu. The investment will take place in a phased manner. Additionally, it has revealed that it […] Read more
Solis Launches New Advanced Power Hybrid Inverter ‘S6’ Updated On Thu, May 11th, 2023 by Saurenergy Chinese solar and energy storage solutions major Solis recently launched its latest advanced power hybrid inverter, ‘S6’. The company said that these inverters could work well with both lead acid batteries and lithium-ion batteries. Solis said that the S6 inverters allow automatic switching of UPS and up to 10 seconds of 200 percent surge of […] Read more
Satyen Sail Takes Over as Mobility Business Head at Magenta Mobility Updated On Thu, May 11th, 2023 by Saurenergy Satyen Sail has been appointed as the new Mobility Business Head at Magenta Mobility, a provider of electric mobility solutions. Satyen brings to the table more than 27 years of work experience that entails working with Coca-Cola, Vodafone, Kingfisher, and Reliance. Prior to his role at Magenta, Satyen looked after fleet operations with Lithium Urban […] Read more
Canada Marks Biggest Acquisition of Over 1000 Electric Buses in North America Updated On Wed, May 10th, 2023 by Saurenergy In a recent announcement, Canada will be making its first major acquisition of over 1,000 electric buses. This acquisition aspires to augment the network of electric public transit in Quebec’s eastern province. As per Infrastructure Canada, the governments will be making an investment exceeding C$780 million ($585 million) and more than C$1.1 billion with a […] Read more
Gurugram-based EV Logistics Firm Zyngo Raises $5 Million Funding Updated On Tue, May 9th, 2023 by Saurenergy Zyngo EV Mobility Private Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has now raised USD five million in a ‘pre-series A’ funding led by Delta Corp Holdings (Delta Corp). It was in addition to the participation from existing investors like LC Nueva Investment Partners LLP. The company said these funds would be used to […] Read more
EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations Updated On Fri, May 5th, 2023 by Saurenergy EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000 over the next year. BluSmart boasts of […] Read more
IIT Kanpur & Lohum Tie up to Advance Sustainability of Li-ion Batteries Updated On Thu, May 4th, 2023 by Saurenergy The Indian Institute of Technology (IIT) Kanpur and Lohum Cleantech, a producer of sustainable energy transition materials, have announced a strategic partnership for R&D collaboration in sustainability and other core areas. Under the partnership, Professor Kanwar Singh Nalwa from the Department of Sustainable Energy Engineering at IIT Kanpur, will lead the team to work together […] Read more
Lohum & ACKO Forge Partnership to Recycle & Reuse Batteries to Aid EV Adoption Updated On Tue, May 2nd, 2023 by Saurenergy Lohum, a producer of sustainable energy transition materials, and ACKO, a tech-first insurer, have joined hands in partnership to recycle and reuse batteries that will lead to faster adoption of electric vehicles in India. As per the firms, this is the first time for an association for EV battery insurance in the country to include […] Read more
GUS Technology Opens Taiwan’s First Battery Gigafactory Updated On Tue, May 2nd, 2023 by Saurenergy GUS Technology has inaugurated and opened Taiwan’s first battery gigafactory in Jhongli Industrial Park. The firm’s facility will help in Taiwan’s lithium battery industry reach a new milestone. GUS Technology focuses on lithium titanate (LTO) and NCM material systems. The factory entered into the design, development, and manufacturing of battery modules for EVs and energy […] Read more
