PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles Updated On Fri, Apr 21st, 2023 by Saurenergy CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […] Read more
BorgWarner Increases South Carolina Battery Production by 3GWh Updated On Thu, Apr 20th, 2023 by Saurenergy America’s one of the leading automotive supplier BorgWarner has announced that will be investing $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production of 3GWh of annual battery module […] Read more
ETO Motors Rolls Out 45 E-Autos with Women Drivers at Delhi Metro Station Updated On Thu, Apr 20th, 2023 by Saurenergy ETO Motors, a firm that deves in EMaaS (Electric Mobility as a Service) has introduced 45 electric L5 three-wheelers with women driver partners at Kalkaji Metro Station in New Delhi. This is ETO’s second launch in the city. Earlier, the firm had launched 36 E3Ws at Azadpur Metro Station for LMC service in December 2022. […] Read more
NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems Updated On Thu, Apr 20th, 2023 by Saurenergy The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […] Read more
IIT Guwahati & Tata Elxsi Collaborate to Advance Electric Mobility Solutions Updated On Wed, Apr 19th, 2023 by Saurenergy The Indian Institute of Technology Guwahati has entered into an agreement with Tata Elxsi. The MoU will pave the way for the development and commercialisation of solutions for the electric mobility market. Tata Elxsi looks into providing global technology services provider for the automotive and transportation industry. The signatories of the agreement were Prof. Parameswar […] Read more
Novalith Technologies Raises AU$23 Million to Revolutionise Lithium Production Updated On Wed, Apr 19th, 2023 by Saurenergy Sydney based Novalith Technologies has raised AU$23 million in Series A funding with an objective to revolutionise the production of lithium for EV sector from sources. The company claims to be the creator of a novel lithium extraction process that will unlock vast resources and deliver them without the environmental toll of traditional approaches. Led […] Read more
RACEnergy, Hala Mobility Join Hands For Deployment Of Battery Swapping Technology Updated On Tue, Apr 18th, 2023 by Saurenergy Hyderabad-based battery swapping technology player RACEnergy has collaborated with multi-modal ride-sharing platform Hala Mobility for the deployment of battery swapping technology for 2,000 electric two-wheelers. The partnership is aimed at facilitating smooth run of electric mobility. The battery swapping technology of RACEnergy will be integrated with electric scooters. These EVs will be employed for delivery […] Read more
Tata Power Establishes EV Charging Station at Dr Ambedkar International Centre, New Delhi Updated On Mon, Apr 17th, 2023 by Saurenergy The Indian Government has been giving a considerable push to e-mobility across India. Several initiatives have been launched and announcements made in this direction. Key among them is the National Electric Mobility Mission Plan (NEMMP), that sets sights on establishing EV charging infrastructure with the employment of the recent technological platform and easy access to […] Read more
Delhi Hosts The Largest Number of 4-Wheeler EVs in India, Says Govt Data Updated On Mon, Apr 17th, 2023 by Saurenergy The latest data from the Ministry of Heavy Industries claimed that New Delhi hosts the higher number of Electric Vehicles (EVs) in the four-wheeler segment out of all the Indian states. The trend has come to the fore through an analysis of the ministry data based on their dashboard on the total number of EVs sold in […] Read more
