On World EV Day, Startups Are More Optimistic Than Ever About The Future Updated On Fri, Sep 9th, 2022 by Saurenergy September 9, designated as World EV day has come around again, and this time, we can truly say that a new sense of optimism pervades the sector. Yes, there have been the usual hiccups, including the not so minor issue of quality control over the Lithium ion batteries that power most EVs, but it would […] Read more
World EV Day: EV Market Closing Gap With ICE Vehicle Market Updated On Fri, Sep 9th, 2022 by Saurenergy It is that time – September 9, World EV Day. The day is marked as a significant event for the world that looks towards a future of clean transport. World EV Day is a global movement, a day of celebration of e-mobility, and a day to shift the transition to sustainable transport with consumer, business […] Read more
Ather Energy Strengthens Leadership Team With Harendra Saksena, Sanjeev Singh Updated On Mon, Jul 18th, 2022 by Saurenergy Ather Energy, one of India’s leading pure electric scooter manufacturers, has announced the appointment of two key leaders on the manufacturing and supply chain side as the company embarks on its next phase of growth. The company has appointed Sanjeev Kumar Singh as the Senior Vice President (SVP) – Manufacturing and Harendra Saksena as the […] Read more
Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
Ather, SBI collaborate to Widen Financing Options for EV customers Updated On Fri, Jun 10th, 2022 by Saurenergy Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […] Read more
Ather Energy Calls Battery Explosion In Its EV A Rare Structural Breach Updated On Tue, May 31st, 2022 by Saurenergy Ather Energy has come up with a statement regarding the fire incident that broke out in an electric scooter at one of its centres in Chennai, Tamil Nadu recently where some property and e-scooters got affected. Ather Energy has stated that a ‘rare’ structural breach is ‘extremely rare’ phenomenon. The electric scooter maker said that […] Read more
Magenta And Ather Energy Join Hands To Install EV Charging Stations Updated On Thu, May 19th, 2022 by Saurenergy EV charging firm Magenta ChargeGrid and Ather Energy, leading electric two-wheeler maker, have joined hands to install charging stations, investing the former with the responsibility to manage the charging stations under the Chargegrid platform. The companies have inked a Memorandum of Understanding (MOU), according to a press release. Magenta ChargeGrid is currently expanding its charging […] Read more
Ather Closes Series E Fund Raise With $128 Million Round From NIIFL, SOF, Hero Moto Updated On Fri, May 13th, 2022 by Saurenergy Bengaluru based Ather Energy, a leading electric two-wheeler company in India, has confirmed the completion of its Series E round of funding with signing of investment agreements amounting to $128 million with National Investment and Infrastructure Fund Limited’s (NIIFL) Strategic Opportunities Fund (SOF), and Hero MotoCorp, a significant shareholder of Ather, and additional investors. Details […] Read more
FADA says Electric Vehicle Retail Sales Swells Three-Fold in India Updated On Mon, Apr 11th, 2022 by Saurenergy Electric vehicles adoption in India is playing out better than market estimates where fuel prices have been rising unabatedly of late. According to the data released by the Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India saw over a three-fold jump last fiscal with the two-wheeler segment ruling the roost. FADA has gathered […] Read more