E-bike Start-up Ultraviolette Automotive Raises Series D Round Funding Updated On Fri, Aug 26th, 2022 by Saurenergy Ultraviolette Automotive, an electric bike manufacturer supported by TVS Motors, has announced that it has secured finance from Exor Capital, which was for an unknown sum. The latest investment, which comes before the country introduces the company’s fast e-bike F77, is claimed to be a part of the current Series-D round of fundraising led by […] Read more
Mercedes-Benz to Buy 10k Tonnes Lithium from Canada’s Rock Tech Updated On Thu, Aug 25th, 2022 by Saurenergy Leading automaker Mercedes-Benz AG and Canada’s lithium development company Rock Tech Lithium have announced that they will enter into an agreement which will provide for a strategic partnership to produce high-quality lithium hydroxide for the automaker and its battery suppliers. Under the intended binding agreement, Rock Tech has agreed to deliver up to 10,000 tonnes […] Read more
China’s Ganfeng Lithium To Supply Battery Raw Materials to GAC AION Updated On Wed, Aug 24th, 2022 by Saurenergy China-based Ganfeng Lithium has announced that it has signed an agreement with China’s new EV-maker GAC AION for the development of battery raw materials and recycling of decommissioned new electric vehicle (NEV) batteries. The company said that it also work on recycling of decommissioned electric vehicle batteries. The company claims to be one of the […] Read more
Lith Pwr Mobility Partners With Tork Motors, Japanese OEM For e-Three Wheelers Updated On Wed, Aug 24th, 2022 by Saurenergy Thane-based electric vehicle start-up Lith Pwr Mobility has partnered with Tork Motors and Honda Power Pack Energy India to launch a brand new version of electric three-wheeler named ‘ePRO.’ Honda Power Pack Energy India is a subsidiary of Japan’s Honda Motor Company while Tork Motors is an electric vehicle and charging infrastructure manufacturing start-up. The […] Read more
Tata Power To Set Up EV Charging Points Across JP Infra In Mumbai Updated On Thu, Aug 11th, 2022 by Saurenergy In accordance with the Maharashtra Government’s EV Policy, Tata Power and JP Infra Mumbai Private Limited have teamed up to install 60+ EV charging points throughout all of JP Infra’s projects, including JP North Garden City (North Euphoria, North Alexa, North Aviva, Codename Dream Home), North Barcelona, and North Imperia. These projects will offer residents […] Read more
Capital A Invests In Oorja For Safe EVs In India Updated On Tue, Aug 9th, 2022 by Saurenergy In a bid to catalyze the Indian electric vehicle (EV) industry, Capital A, a venture seed fund for early-stage start-ups has made a strategic investment in Oorja, which strives to empower automotive companies to design better batteries. The fund will be made available from “Evolve”, a $10-million cleantech fund that Capital A had launched earlier […] Read more
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
Tata Power’s Analyst Call Q1 FY23: Large-Scale Renewable Projects, Orders In Offing Updated On Wed, Aug 3rd, 2022 by Saurenergy Close on the heels of its announcement of Q1 FY 23 results, an analyst call of Tata Power has further shed light on the Q1 FY23 earnings of the power company. The participants of the call included Dr. Praveer Sinha, CEO and MD of TATA Power; Sanjeev Churiwala, CFO; Jinendra Patil, Financial Controller; Soundararajan Kasturi, […] Read more
e-Rise Enters Indian Electric Vehicles Market; Produce 30,000 Units A Year Updated On Tue, Aug 2nd, 2022 by Saurenergy Electric vehicle manufacturer eRise – Drive Electric has announced its entry into the Indian markets. eRise makes long range, high performance electric two-wheelers built specifically for Indian road conditions. It’s the automotive arm of KL Group. eRise intends to launch three low speed electric scooters immediately and two high speed vehicles in the coming 3 […] Read more
