EVs Likely To Clock Around 1.3-1.5 Lakh Sales In FY25, Finds Report Updated On Wed, Jun 26th, 2024 by Saurenergy CareEdge Rating, a rating agency report on passenger vehicle (PV) sales in the automobile industry said that India is expected to experience a strong demand for new model launches. The report attributed this growth to continued growth in demand for Electric Vehicles (EVs) and SUVs coupled with a possible cut in interest rates in the […] Read more
Airbnb Inks Deal With ChargePoint To Expand EV Charging Firm At Its Listings Updated On Thu, May 23rd, 2024 by Saurenergy Electric Vehicle charging solutions firm ChargePoint and Airbnb have announced a partnership to meet demand in EV charging from Airbnb guests. The partnership aims to make it easier for Airbnb hosts in the United States to install EV chargers at their listings and expand access to EV chargers across the U.S. “We are thrilled to […] Read more
Global EV Market To Grow By $343 Billion In Next 4 Years: Report Updated On Wed, May 22nd, 2024 by Saurenergy The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […] Read more
Leapmotor Forms JV With European Auto Firm To Foray Into India Updated On Wed, May 15th, 2024 by Saurenergy Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […] Read more
Relux Electric Secures 250 Cr For EV Charging Expansion in South India Updated On Mon, May 13th, 2024 by Saurenergy Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the fund to create 20 new hypercharging stations within the next […] Read more
CATL To Power Beijing Hyundai Electric Models With CTP Technology Updated On Mon, Apr 29th, 2024 by Saurenergy Chinese battery manufacturing giant–Contemporary Amperex Technology Co. Limited (CATL) is all set to power Beijing Hyundai’s Electric Vehicle Projects with its advanced Cell-To-Pack (CTP) technology. The two companies recently also signed an agreement in this regard at the Auto China 2024. Per the agreement, CATL will cooperate for Beijing Hyundai’s EV projects. It will also […] Read more
India Overtakes China As Largest Three-Wheelers EV Market: IEA Updated On Tue, Apr 23rd, 2024 by Saurenergy International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […] Read more
EV Startup Raptee Rolls Out First Motorcycle From Chennai Plant Updated On Tue, Apr 16th, 2024 by Saurenergy Chennai-based EV startup Raptee Energy has rolled out its first production-ready motorcycle from its manufacturing plant. The company said it signaled the company’s transition from a startup to a full-fledged EV brand. This milestone underscores Raptee Energy’s dedication to setting new standards for performance and sustainability in the industry. Raptee Energy’s assembly line in Chennai […] Read more
Two-Wheeler EV Market Surge To 9.12% First Time: FADA. Updated On Wed, Apr 10th, 2024 by Saurenergy The Federation of Automobile Dealers Association (FADA) in its report identified a surge in electric vehicle sales. The report identified a notable increase in the two-wheeler electric vehicle (EV) market share. The EV market received a jump to 9.12% for the first time according to FADA. The 2024 vehicle data on the challenges faced by […] Read more
