Magenta Mobility Appoints Sujit Cherian As Chief Strategy Officer Updated On Thu, Apr 10th, 2025 by Saurenergy Magenta Mobility, a Mumbai-based electric mobility and charging solutions provider has appointed Sujit Cherian as its new Chief Strategy Officer (CSO). With over 25 years of experience in corporate strategy, investment banking, and financial planning, Sujit brings industry insight and leadership to Magenta. Sujit is a Chartered Accountant with a track record in driving business […] Read more
HP Govt To Install EV Charging Stations At 402 Locations Updated On Thu, Apr 10th, 2025 by Saurenergy The Himachal Pradesh (HP) government recently approved the installation of electric vehicle (EV) charging stations at 402 locations across the state, to promote green mobility. As part of this initiative, six green corridors have already been established to ensure the smooth operation of EVs across the state. The government has approved the installation of EV […] Read more
Ampere Launches Electric Scooter Reo 80 At Rs. 59,900 Updated On Wed, Apr 9th, 2025 by Saurenergy Ampere, an electric two-wheeler brand under Greaves Electric Mobility Limited (GEML), launched an all-new Ampere Reo 80 — a smart, safe, and economical electric scooter. The electric mobility arm of Greaves Cotton Limited (GCL), designed the product for the mass market and aligned with Ampere’s vision of boosted electric mobility in the country. With an […] Read more
Kazam Partners With Yuma To Add Battery Swapping Model Updated On Wed, Apr 9th, 2025 by Saurenergy Indian EV charging solutions provider Kazam has partnered with Yuma Energy, a joint venture between Magna International and Yulu Bikes, to integrate battery-swapping infrastructure into Kazam’s Park & Charge (P&C) hubs across India. The initiative is aimed at improving convenience and operational efficiency for commercial electric vehicle users. Nationwide rollout begins in Bengaluru The collaboration, […] Read more
PURE Enters ESS Market With The Launch Of PuREPower Updated On Tue, Mar 25th, 2025 by Saurenergy PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing India’s growing energy storage needs. PuREPower Grid, set for release in 2026, is designed to support […] Read more
ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
Folks Motor Commits ₹500cr For EVs, Aims Local Manufacturing Updated On Thu, Mar 20th, 2025 by Saurenergy Hybrid electric retrofit solutions company Folks Motor has announced a Rs 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards developing dedicated EV warehousing industrial parks, strengthening India’s EV supply chain, and addressing the critical challenge of achieving 50% domestic value […] Read more
Budget: Himachal Announces Interest Subsidies For Solar Projects Updated On Thu, Mar 20th, 2025 by Saurenergy The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […] Read more
JBM Ecolife-Wins Contract From CESL To Supply 1021 E-buses Updated On Thu, Feb 20th, 2025 by Saurenergy JBM Ecolife Mobility Private Limited, a JBM Auto subsidiary, was awarded the tender for the end-to-end execution of 1,021 Electric Buses and the development of allied electric and civil Infrastructure on Gross Cost Contracting [GCC] under the PM-eBus Sewa Scheme (Tender-II). JBM said in a regulatory filing, “The project will be supported by a Payment […] Read more
