SOLshare Secures $2.2 million Investment For EV Integration Updated On Mon, Jun 3rd, 2024 by Saurenergy SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […] Read more
Courier Company Blue Dart To Expand EV Fleet Updated On Mon, Jun 3rd, 2024 by Saurenergy Courier and package distribution company Blue Dart has announced it will be expanding its EV fleet in order to cut down emissions. Balfour Manuel, Managing Director, Blue Dart, said, “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to […] Read more
EV Maker Euler Motors Raises Rs 200 crore Updated On Thu, May 30th, 2024 by Saurenergy The manufacturer of commercial electric vehicles, Euler Motors, announced that it has closed its Series C round, having raised approximately Rs 200 crore. The business had previously obtained over $60 million in new financing in October 2022 and approximately $14.5 million in November 2023. This round’s investors include Blume Ventures, a domestic venture capital firm, […] Read more
BluSmart To Raise $300 Mn In Next 3 Years, To Expand Fleet: Report Updated On Tue, May 28th, 2024 by Saurenergy Electric Car operator BluSmart has announced it is planning to raise more than $300 million in three years with an aim of expanding its fleet by including thousands of electric cars. According to several media reports, the company aims to increase its fleet of electric vehicles to take on the likes of Uber and Ola. […] Read more
Eka Mobility To Invest Rs 600 Crore In Pune EV Makers Updated On Fri, May 3rd, 2024 by Saurenergy Pune-based electric vehicle (EV) manufacturer Eka Mobility will be investing Rs 600 crore for the expansion of its manufacturing facilities in Chakan and Koregaon Bhima in Pune district, Maharashtra. According to the company Eka Mobility, the company aims to establish an initial manufacturing capacity capable of producing approximately 2,000 buses and 6,000 LCVs annually. Furthermore, […] Read more
Audi Opens First EV Charging Hub Outside Europe In Tokyo Updated On Tue, Apr 30th, 2024 by Saurenergy Audi has opened its firm EV charging hub outside Europe in Japan’s capital Tokyo. The EV charging hub will enable drivers of electric cars of all brands to charge at four fast-charging points, each with up to 150 kilowatts (kW) – an excellent figure for charging power in Japan. Thanks to a buffer storage unit, […] Read more
CATL To Power Beijing Hyundai Electric Models With CTP Technology Updated On Mon, Apr 29th, 2024 by Saurenergy Chinese battery manufacturing giant–Contemporary Amperex Technology Co. Limited (CATL) is all set to power Beijing Hyundai’s Electric Vehicle Projects with its advanced Cell-To-Pack (CTP) technology. The two companies recently also signed an agreement in this regard at the Auto China 2024. Per the agreement, CATL will cooperate for Beijing Hyundai’s EV projects. It will also […] Read more
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
