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
Ola Electric Claims Improvement In EV Servicing Time Updated On Wed, Feb 12th, 2025 by Saurenergy Bhavish Aggarwal-led Ola Electric has claimed that its average serving time has shrunk with time. The firm now expects to further augment its servicing quality. This comes after the company faced several backlash from its customers over higher servicing timing. In a latest investors call, the company briefed its investors about the latest development. “Our […] Read more
Simple Energy Raises Its Electric Scooter Range Upto 248 km Updated On Tue, Feb 11th, 2025 by Saurenergy Simple Energy, a clean tech startup, has announced updates to its flagship scooter, Simple ONE. The Gen 1.5 version of the Simple ONE will boast of an extended certified range of 248 kilometres in IDC, up from the 212 kilometres range of Gen 1, making it India’s longest-range electric two-wheeler, it said. Alongside the range […] Read more
India Needs 3.9 Million Charging Stations by 2030: Report Updated On Thu, Feb 6th, 2025 by Saurenergy A latest report from GameChanger Law Advisors and Speciale Invest claimed that to meet its ambitious 2030 EV adoption targets, India needs to install at least 3.9 million charging stations, making charging accessibility one of the most pressing challenges for the industry. The report titled ‘Charging Ahead II’ said that India’s electric vehicle (EV) market […] Read more
India’s EV Market Jumps To 7.4% In 2024: SBI Caps Report Updated On Mon, Jan 27th, 2025 by Saurenergy The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […] Read more
Jupiter Electric, Porter Sign Pact To Boost E-Mobility Updated On Fri, Jan 24th, 2025 by Saurenergy Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons Limited today announced a partnership with Porter, a goods transport agency to boost the use of EVs for shipments. Porter offers a wide range of intra-city and inter-city logistics solutions. This collaboration focuses on fostering entrepreneurial opportunities and promoting sustainable electric mobility through JEM’s innovative JEM […] Read more
Euler Motors Raises USD 20 million From Zurich-Based responsAbility Updated On Wed, Jan 15th, 2025 by Saurenergy Euler Motors, a manufacturer of electric commercial vehicles, has successfully raised upto USD 20 million in debt funding from responsAbility Investments AG, an impact asset manager specializing in private market investments. This investment will help accelerate Euler Motors’ mission to electrify India’s commercial vehicle segment, enabling production scaling and advanced R&D for next-generation EV technology. […] Read more
Maxvolt Energy Launches Eco Series Li Battery For E-Scooters Updated On Wed, Dec 18th, 2024 by Saurenergy Lithium battery pack supplier Maxvolt Energy announced launching Eco Series Lithium Battery for electric scooters. The firm said that Eco Series is designed to provide an accessible, high-performance, and hassle-free upgrade option for customers currently using lead-acid batteries. The Maxvolt Eco Series offers numerous benefits, including being lightweight, providing rapid charging, and ensuring 4-5 years […] Read more
Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more