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
Lectrix EV Partner With Bike Bazaar To Boost E-Mobiity Updated On Tue, Mar 11th, 2025 by Saurenergy Lectrix EV, the e-mobility arm of SAR Group, has announced a partnership with Bike Bazaar, a company involved in financing and renting electric two-wheelers, to drive large-scale EV adoption in the last-mile logistics segment. As part of this collaboration, Bike Bazaar will expand its fleet with 1000 new Lectrix electric two-wheelers, including high-range vehicles with […] 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
Tata Motors Eyes Lion’s Share In Expanding EV Market Updated On Tue, Feb 4th, 2025 by Saurenergy Indian Electric Vehicle (EV) manufacturer Tata Motors is now optimistic to remain a dominant player in the expanding Indian EV market. The top management of the firm in its latest investors’ call said that a boom in the domestic EV market would expedite the growth of the firm too and not affect it adversely. “The […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] 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
Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant Updated On Wed, Jan 22nd, 2025 by Saurenergy Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster industrial growth and significantly enhance the region’s EV truck manufacturing […] Read more
