Esmito Raises INR 10 Crore In Seed Funding For Battery Swapping Infrastructure Updated On Thu, Sep 22nd, 2022 by Saurenergy EV start-up Esmito has announced that it has raised Rs 10 crore in a seed funding round that was led by Unicorn India Ventures. The funds raised will be utilized for the expansion of battery swapping solutions by Esmito. A part of the funds will also go to strengthen the technology team of the company. […] Read more
Delhi Govt Launches EV Charging, Battery Swapping Stations Updated On Thu, Sep 15th, 2022 by Saurenergy The Delhi Government’s Switch Delhi website now features an open database for EV charging and battery swapping facilities. The open database was developed to unify all battery swapping and charge stations on a single platform, allowing public access to more than 2,500 charging stations in the nation’s capital. The decision follows several measures the local […] Read more
EV Startup Yulu Secures $82 Mn in Series B Round Updated On Mon, Sep 12th, 2022 by Saurenergy Bengaluru’s electric mobility startup Yulu has secured $82 million in equity funding, which was led by USA’s Magna International in a Series B funding round. The funding round saw participation from investors, which also included Bajaj Auto Limited. Notably, Yulu boasts of a strategic partnership with Bajaj Auto and the two companies have been working […] Read more
The Many Promises of Battery Swapping Updated On Mon, Sep 5th, 2022 by Saurenergy Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […] Read more
Charging Infrastructure: The Backbone That is Driving a Transformation Updated On Thu, Aug 18th, 2022 by Saurenergy By Varun Goenka With global oil prices skyrocketing and petrol and diesel costs going up almost on a daily basis, there is an urgent need to switch over to a more sustainable energy option. Recognizing this, the Indian government has been actively trying to promote the use of electric vehicles (EVs). The Centre and several […] Read more
Energy Storage Company Sheru Enters Coveted Cleantech Open Accelerator Program Updated On Wed, Aug 10th, 2022 by Saurenergy Delhi-based Energy Storage startup, Sheru has been selected for the Cleantech Open Accelerator program 2022 cohort. The Cleantech Open Accelerator program is offering entrepreneurs and innovators training and tools to help them build and expand their cleantech enterprises. Since 2005, it has assisted over 1,800 creative businesses in scaling up, growing, and making a good […] Read more
Capital A Invests In Oorja For Safe EVs In India Updated On Tue, Aug 9th, 2022 by Saurenergy In a bid to catalyze the Indian electric vehicle (EV) industry, Capital A, a venture seed fund for early-stage start-ups has made a strategic investment in Oorja, which strives to empower automotive companies to design better batteries. The fund will be made available from “Evolve”, a $10-million cleantech fund that Capital A had launched earlier […] Read more
India’s EV transition Is More Resolute In The Three-Wheeler Industry Updated On Thu, Aug 4th, 2022 by Saurenergy By Harsha Bavirisetty According to a report from the Investment Information and Credit Rating Agency (ICRA), three-wheelers will spearhead the Indian EV journey because these vehicles have to travel fewer distances, carry more load and generally will make do with a day’s worth of charge. The new electric three-wheelers (e3w) sold in the country in […] Read more
EV Chargers’ Association Proposes A Black Box To Stop EV Battery Fires Updated On Tue, Jun 28th, 2022 by Saurenergy The recent spate of the batteries in electric vehicles catching fire like e-scooter or four wheeler has sent the Charge Point Operators Society (CPOS) of India into a huddle for a solution because of the concerns over safety deterring the prospective buyers. On June 27, the body proposed that a black box system should be […] Read more
