E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B Updated On Tue, Oct 20th, 2020 by Saurenergy Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […] Read more
Toyota-Panasonic JV to Begin Production of Prismatic Lithium-ion Batteries Updated On Wed, Oct 7th, 2020 by Saurenergy Prime Planet Energy a JV of Toyota and Panasonic, has announced it will begin production of prismatic lithium-ion batteries for hybrid vehicles in Japan Prime Planet Energy & Solutions, a joint venture (JV) company of Toyota Motor Corporation and Panasonic, has announced that it will begin production of prismatic lithium-ion batteries for hybrid vehicles in […] Read more
The Discom Perspective on a Viable EV Network Updated On Mon, Oct 5th, 2020 by Saurenergy A new report from TERI highlights the way forward for establishing an EV charging network, with Discoms in mind. It is no secret that an EV charging network goes hand in hand with the spread of EV’s in every market. In fact, some will argue that it usually precedes a big jump in EV adoption, […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
GM, Nikola Partner up, Badger EV to be Engineered & Manufactured by GM Updated On Thu, Sep 10th, 2020 by Saurenergy Nikola Corporation and GM have announced a strategic partnership that begins with the EV Badger and carries cost reductions through Nikola’s programs. Nikola Corporation and General Motors (GM) have announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s programs, including: Nikola Badger, Nikola Tre, Nikola One, Nikola Two […] Read more
NMAMIT Team Transforms ICE Vehicle to Electric Vehicle Updated On Thu, Aug 13th, 2020 by Saurenergy A team from the Department of Electrical & Electronics Engineering at the NMAMIT has transformed an ICE vehicle into an energy efficient Electric Vehicle. A team of students and teachers of the Department of Electrical & Electronics Engineering at the NMAM Institute of Technology (NMAMIT) in Karnataka have transformed a petrol-based internal combustion engine (ICE) […] Read more
bp Shifts Focus; Planning for 50 GW Renewable Capacity by 2030 Updated On Wed, Aug 5th, 2020 by Saurenergy bp has introduced its new strategy that will reshape its business as it pivots from being an international oil company to an integrated energy company bp has introduced its new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused […] Read more
EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore Updated On Mon, Jul 27th, 2020 by Saurenergy Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […] Read more
Ather Energy Raises Rs 84 Crore From Hero in Series C Extension Updated On Sat, Jul 25th, 2020 by Saurenergy EV startup Ather Energy has said it has raised Rs 84 crore from the country’s largest two-wheeler maker Hero MotoCorp as an extension of series C round. Electric vehicle startup Ather Energy has said it has raised Rs 84 crore from the country’s largest two-wheeler maker Hero MotoCorp as an extension of series C round. […] Read more