Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
UK Govt To End Electric Vehicle Subsidy As Demand Rises Updated On Fri, Jun 17th, 2022 by Saurenergy The remaining subsidies on the electric cars for the buyers in the United Kingdom are coming to a closure after a reasonable run. The UK government is mulling to do away the benefits of £300 million to purchasers as the demand for electric vehicles is rising. The government says that the funds will then be […] Read more
Euler Motors Partners Magenta for 1000 HiLoad Electric Vehicle deployment Updated On Thu, Jun 16th, 2022 by Saurenergy Euler Motors, has announced it has tied up with Magenta for the deployment of 1000 HiLoad electric vehicles – the electric 3-wheeler cargo vehicles. Euler is an electric vehicle company and Magenta is an integrated clean energy and electric mobility solutions provider. In the partnership, Magenta will deploy Euler electric vehicles first in Bangalore and then to […] Read more
Disruptive Tech Trends Transforming The Shape Of EV Industry Updated On Tue, Jun 14th, 2022 by Saurenergy In 2020, before the pandemic shook up the world, especially the Indian automotive industry, electric vehicles were moving steadily into the spotlight. The total annual sales of different types of electric vehicles such as battery electric vehicles and hybrid electric vehicles in the year 2019 crossed over the two-million-vehicle mark. But even due to the […] Read more
Magenta ChargeGrid Launches Its First DC charger with Fast Charging Capacity Updated On Tue, Jun 14th, 2022 by Saurenergy Navi Mumbai-based EV Charging company, Magenta ChargeGrid inaugurated its first EV charger in the state of Kerala through its partnership with Crescendo in the Malabar region of Kerala. Crescendo has partnered with Magenta to offer EV Charging to its customers in Kozhikode and for all EV owners who are traveling through Kozhikode. Magenta ChargeGrid team […] Read more
Aptera raises $40 million for solar electric vehicle production Updated On Mon, Jun 13th, 2022 by Saurenergy San Diego-based Solar Electric Vehicle (SEV) start-up – Aptera – has announced that it has got a fresh funding of $40 million which Aptera will look to employ the money as capital for the production of its solar electric vehicle in the later part of 2022. The official statement of Atera held, “During this historic […] Read more
BILITI Electric Gets Financing Approval from SIDBI for its GMW Taskman Autos Updated On Mon, Jun 13th, 2022 by Saurenergy California-based BILITI Electric Inc announced that the Small Industries Development Bank of India (SIDBI) has approved loans to those who are interested in purchasing GMW Taskman Electric 3W Autos, through its ‘Digital Prayaas’ program. ‘Digital Prayaas’ is an App-based end-to-end digital lending platform to facilitate access to low-cost borrowings for micro-entrepreneurs/micro-enterprises. Further, to cater to […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
Electric Vehicle Registration Rates Double in Singapore Updated On Mon, Jun 13th, 2022 by Saurenergy Singapore is striving to end the vehicular emissions in the country and mitigate the climate change challenges. The recent data of electric vehicle registrations of the country reveal that in the first five months of 2022, the country has sold double the number of electric vehicles sold in the entire 2021. Transport Minister of Singapore, […] Read more
