Amid Fire Cases, Okinawa Autotech Becomes First EV Firm To Recall Vehicles In India Updated On Tue, Apr 19th, 2022 by Saurenergy Gurugram based electric vehicle manufacturer Okinawa Autotech has announced that it will recall 3,215 units of its Praise Pro Scooters voluntarily to fix any issues related to the battery in their EV. Okinawa has become the first electric vehicle maker to have recalled its EVs in India for quality check. The recall by Okinawa has […] Read more
Maruti Suzuki to roll out EVs by 2025, Expects EV Share At Third Of Government Targets Updated On Tue, Apr 19th, 2022 by Saurenergy Maruti Suzuki Chief Executive Officer, (CEO) Hisashi Takeuchi has announced that the company will launch several EV models by 2025 in India to catch up with competition and take the company to leadership position in the sector. Maruti Suzuki says that the first EV model of the company will come in 2025 and other models […] Read more
Glencore Agrees with GM to Supply Cobalt for Electric Vehicles Updated On Thu, Apr 14th, 2022 by Saurenergy In the middle of a global rush for minerals required for the rising electric vehicle ecosystem, American automaker General Motors Company (GM) has announced that it will purchase cobalt from Australian miner Glencore from its Murrin operations. The size of the deal remains undisclosed by the two players. Cobalt makes up just 0.001% of earth’s […] Read more
Honda to Roll Out 30 EV Models; Invest $64 Billion in Electrification Updated On Wed, Apr 13th, 2022 by Saurenergy Honda Motor Co, one of the leading automakers of Japan, has announced that it will spend 8 Trillion Yen ($64 billion) on research and development over the next 10 years to accelerate the electrification of its vehicles. Honda has set an ambitious goal to launch 30 electric vehicle models across the globe by 2030. The […] Read more
Hero Electric, ElectricPe Collaborate to Strengthen EV Charging Network Updated On Wed, Apr 13th, 2022 by Saurenergy India’s leading electric two-wheeler seller Hero Electric has announced that the company has entered into a partnership with electric vehicle charging platform ElectricPe to strengthen the charging network and propel EV adoption across India. As per the official statement, Hero Electric EV customers will be able to access the charging network of ElectricPe which has […] Read more
CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
Hero Lectro Launches Brand-Owned E-comm Website Updated On Tue, Apr 12th, 2022 by Saurenergy In a move towards augmenting its overall brand experience, Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has announced the launch of its new website to promote D2C sales and strengthen its overall omni-channel presence. With access to Hero Lectro’s complete range of e-cycles and cargo e-bikes, the platform will enable visitors and buyers […] Read more
Tata Motors Ramping Up EV Production To Ride Rising Demand Updated On Tue, Apr 12th, 2022 by Saurenergy Indian automaker Tata Motors will ramp up its electric vehicles production as the supplies are not able to meet the skyrocketing demand and there is a huge backlog of bookings by the customers. At present, Tata Motors have Nexon EV, Tigor EV and XPRES-T electric vehicles for the Indian market and a coupe style SUV model […] Read more
FADA says Electric Vehicle Retail Sales Swells Three-Fold in India Updated On Mon, Apr 11th, 2022 by Saurenergy Electric vehicles adoption in India is playing out better than market estimates where fuel prices have been rising unabatedly of late. According to the data released by the Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India saw over a three-fold jump last fiscal with the two-wheeler segment ruling the roost. FADA has gathered […] Read more
