India’s EV Sector: OEMs Lead 70% of Deals In 2023, Says Report Updated On Wed, May 29th, 2024 by Saurenergy According to a report by Bain and Company and Indian Venture and Alternate Capital Association, EV penetration in private equity and venture capital (PE-VC) is projected to rise from 6% in 2023 to 40% by 2030. The report highlighted that 2023 followed the trend observed in the second half of 2022, with a reduction in […] Read more
In 2023 China EV Witnessed 35% Rise YoY: Rystad Updated On Mon, Feb 12th, 2024 by Saurenergy Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […] Read more
Hindalco Joins Hands with USA’s C4V to Develop Battery Material Updated On Wed, Dec 20th, 2023 by Saurenergy C4V, a firm specializing in Li-Ion battery technology based in the United States, has entered into a Memorandum of Understanding (MOU) with Hindalco Industries. This agreement focuses on producing and delivering aluminum foils, coated foils, and structural components specifically tailored for Li-ion cells, serving the expanding market for EV battery materials. The collaboration’s primary objective […] Read more
Delhi Set To Welcome New Electric Vehicle Policy Updated On Mon, May 15th, 2023 by Saurenergy Delhi’s Electric Vehicle Policy will expire this August. Officials maintain that 86% of the targets that had been set it by it have been achieved. Further, the government has disbursed subsidies in the EV sector worth INR 154 Cr. The Delhi government has already begun work on a revised version of the draft policy and […] Read more
“Maintenance of wind turbine blades must be condition-based, not time-based”, Mahesh Wagle, Cybernetik Updated On Fri, Mar 10th, 2023 by Saurenergy A three-decade old firm, Pune-based Cybernetik has been practively working to deliver customized automation and equipment solutions for the wind energy industry. With the EV sector gathering steam, Cybernetik has also shifted focus to build battery packs in the EV sector. The firm has in its list of clientele leading auto players such as Bajaj, […] Read more
Tata Nexon, Ola Electric, Hero Electric, Ather Most Preferred EV Brands: Statiq Survey Updated On Thu, Sep 8th, 2022 by Saurenergy A recent survey by Statiq on the developments in the Indian EV sector has some interesting findings. The study points out that several industry giants are committing to electric vehicles and net zero goals. Automakers, at the same time, are setting sights on a fully electric future. Some of these name include the likes of […] Read more
2 Wheeler EV’s Continue Downhill Drive In May, Sales Drop Another 20% Updated On Wed, Jun 8th, 2022 by Saurenergy Electric 2 Wheeler sales, hit by fire incidents in April that have continued to grab headlines in May too, bore the brunt of buyer anxiety with sales dropping a further 20% in May. It seems the buyer now has something more stressful than range anxiety to worry about. Vehicle registration portal, VAHAN portal’s registration data […] Read more
‘The biggest benefit as a start-up is that we are quick to pivot’ Updated On Mon, Mar 14th, 2022 by Saurenergy For Gujarat-based Greta Electric and its founder Raj Mehta, 2022 will be the year when the firm makes a decisive move in its mission. With the launch of 4 electric scooter models late last year, the firm is now seeking to expand its footprint more widely outside its home state. Priced between Rs 60,000 to […] Read more
EV Sector Should Switch to Completely Indigenous Batteries: Nitin Gadkari Updated On Sat, Jan 30th, 2021 by Saurenergy Ministry of Road Transport & Highways asked the EV industry to shift towards indigenous battery technologies. With electric vehicles (EVs) fast becoming the new reality, the need to emerge as pioneers in developing leading battery and power-train technologies, the ministry stated. In a statement, “Noting that the challenge we presently face is the control on […] Read more
