Sona Comstar, Equipmake To Make Electric Powertrains For Indian Vehicles Updated On Tue, May 16th, 2023 by Saurenergy Gurugram-based automotive technology company Sona BLW Precision Forgings Ltd, or Sona Comstar, has signed a technology licensing agreement with UK-based tech firm Equipmake which has developed high-performance electric powertrains. The patented technology of Equipmake offers high power density and efficiency with high performance, making it ideal for electric cars, buses, and commercial vehicles. Under the […] Read more
Delhi Set To Welcome New Electric Vehicle Policy Updated On Mon, May 15th, 2023 by Saurenergy Delhi’s Electric Vehicle Policy will expire this August. Officials maintain that 86% of the targets that had been set it by it have been achieved. Further, the government has disbursed subsidies in the EV sector worth INR 154 Cr. The Delhi government has already begun work on a revised version of the draft policy and […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
E-Bike Startup Heybike Launches Advanced Fully Foldable Electric Bikes Updated On Fri, May 12th, 2023 by Saurenergy United States (US)-based electric bike startup Heybike has launched its latest series of e-bikes to cater to the needs of environment-friendly commuters. The series is named ‘Ranger S.’ The company said the new series of e-bikes are lightweight. It uses aluminum alloy and is corrosion-proof and rust-resistant. They are one of the most advanced e-bikes […] Read more
NITI Aayog To Fix Electrification Targets For App-Based Vehicles Updated On Fri, May 12th, 2023 by Saurenergy Indian government’s think-tank NITI Aayog might soon introduce yearly electrification targets for mobile application-based vehicle service providers like Ola, Uber, and others, reports suggest. The move is aimed at speeding up the electrification of new fleets of vehicles by these players. According to the report, which is yet to be published, the Aayog has decided […] Read more
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
