Global Push for Energy Efficiency Targets Faces Hurdles, Progress Stagnates Updated On Mon, Nov 11th, 2024 by Saurenergy At the 2023 COP28 summit, nearly 200 countries agreed to double the global rate of energy efficiency improvements by 2030. This decision highlights energy efficiency as a critical part of the clean energy transition. However, one year later, progress remains slow, with improvements in energy efficiency showing only a modest increase of about 1% in […] Read more
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
LMFP Batteries That Could Increase EV Range By Upto 20% Claimed Updated On Tue, Oct 8th, 2024 by Saurenergy UK-based Integrals power claims it has made a breakthrough in Lithium Manganese Iron Phosphate (LMFP) cathode active materials for battery cells. Applying its propriety materials technology and patented manufacturing process, the company says it has overcome the drop in specific capacity compared that typically occurs as the percentage of manganese in increased. The result is […] Read more
Chinese Provinces Seek To Build EV Momentum With Higher Incentives Updated On Wed, Sep 11th, 2024 by Saurenergy China, which has built the most formidable Electric vehicle ecosystem under the very noses of global competitors over the past 15 years, is in no mood to let the advantage slip. Electric car sales, which are expected to keep rising and top 17 million units in 2024, accounting for over 20% of cars sold worldwide. […] Read more
BLive, Awign Tie Up To Connect 10,000 Gig Workers With EVs Updated On Thu, Aug 22nd, 2024 by Saurenergy India’s e-mobility platform, BLive, has partnered with Awign, a work-as-a-service platform, to onboard 10,000 riders for BLive’s EV Rental Programme over the next 12 months. This collaboration aims to enhance last-mile delivery services across India by providing gig workers with access to affordable electric vehicles (EVs). Awign, known for optimizing work processes and cost management […] Read more
Tata Motors Acquires Ford’s Sanand EV Facility Updated On Fri, Jun 28th, 2024 by Saurenergy To expand its capacity for both production and sales, Tata Motors has acquired a former Ford India manufacturing site located in Sanand, Gujarat. The facility was purchased for approximately Rs 725.7 crore, with an additional Rs 1,300 crore allocated for retooling. It is currently known as the Tata Passenger Electric Mobility (TPEM) facility. Electric vehicles […] Read more
EVs Likely To Clock Around 1.3-1.5 Lakh Sales In FY25, Finds Report Updated On Wed, Jun 26th, 2024 by Saurenergy CareEdge Rating, a rating agency report on passenger vehicle (PV) sales in the automobile industry said that India is expected to experience a strong demand for new model launches. The report attributed this growth to continued growth in demand for Electric Vehicles (EVs) and SUVs coupled with a possible cut in interest rates in the […] Read more
Gender-Based Provisions Needed In State EV Policies, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A latest report from New Delhi-based energy think tank OMI Foundation advocated for the inclusion of gender-based provisions to make jobs in the Indian electric mobility sector more inclusive. The report analysed the state policies and also the response of the electric mobility companies and brought to focus the role of women workforce in the […] Read more
Zevo Inks Deal With Zen Mobility For Last Mile Delivery Updated On Fri, May 24th, 2024 by Saurenergy Electric Vehicle supply chain firms ZEVO and Zen Mobility have inked a deal regarding improving last-mile delivery in India. The agreement is premised on automotive solutions in which Zen Mobility created the Zen Micro Pod, a unique car made specifically to maneuver through India’s clogged city streets. According to Zen Mobility, this partnership will improve […] Read more
