AutoNxt Automation Secures Pre-Series A Funding From Saama Updated On Tue, Apr 9th, 2024 by Saurenergy AutoNxt Automation, a technology start-up building high-torque electric powertrains and off-road autonomous technologies, announced the successful closure of its Pre-Series A round of funding led by Saama. Amit Singhal, the former head of Google’s search division, Suveer Sinha, India Head for KKR Capstone, Bluehill Capital, Keiretsu Forum, Soonicorn Ventures, and other marquee investors participated in […] Read more
Hyundai-Kia Signs MoU With Exide Energy For India EV Batteries Updated On Mon, Apr 8th, 2024 by Saurenergy South Korea-based auto companies Hyundai Motor Company (HMC) and Kia Corporation have announced a partnership with India’s Exide Energy Solutions Ltd to make electric vehicle batteries in the country. The companies have signed a Memorandum of Understanding (MoU) regarding manufacturing the EV batteries in India, reported news agency Reuters. According to the report, the South […] Read more
China Leads The Way In Cleantech Industry, Overtakes US: RMI Study Updated On Thu, Apr 4th, 2024 by Saurenergy A recent report by RMI described the goals of countries regarding cleantech in its study “race to the top” dealing with the transition from fossil energy to clean energy. It compares the progress made by the three regions that dominate the deployment of renewable energy technologies — China, Europe, and the United States. The RMI […] Read more
Zypp Electric Registers 3 Times Revenue Growth In FY24; Deploys 20k E-Scooters In 2023 Updated On Wed, Apr 3rd, 2024 by Saurenergy Electric Vehicle firm, Zypp Electric has announced that it had a three-times surge in revenue in FY24. The company has deployed an additional fleet of electric scooters across India, Zypp Electric has expanded its presence in six major metropolitan cities of Delhi NCR, Bangalore and Mumbai. According to Zypp Electric, this exponential growth underscores Zypp […] Read more
IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
Statiq, GLIDA Forge Partnership For Electric Vehicle Charging Services Updated On Fri, Mar 22nd, 2024 by Saurenergy Statiq and GLIDA (formerly known as Fortum Charge & Drive India), the two players in Indian Electric Vehicle (EV) charging service, have partnered to accelerate the adoption of electric vehicles across the country. Through the partnership, all public chargers under the GLIDA charging network can now be used through Static App as well, offering users […] Read more
Mahindra Signs MoU with Adani Total Energies For EV Charging Infra Updated On Fri, Mar 22nd, 2024 by Saurenergy SUV manufacturer Mahindra & Mahindra has announced the signing of a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Limited (ATEL), a wholly-owned subsidiary of Adani Total Gas Limited for setting up electric vehicle charging infrastructure across the country. “This collaboration signifies a giant leap towards building a greener, more sustainable future, aligning with […] Read more
Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies Updated On Thu, Mar 21st, 2024 by Saurenergy Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […] Read more
Gensol EV Receives ARAI Certification To Launch Its First Flagship Electric Vehicle Updated On Wed, Feb 28th, 2024 by Saurenergy Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Ltd and a new-age OEM in the e-mobility space, today announced that it has received the certification and approval for its unique and revolutionary electric vehicle, from the Automotive Research Association of India (ARAI). This significant accomplishment marks a step forward, paving the path […] Read more
