BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis Updated On Fri, Feb 26th, 2021 by Saurenergy BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […] Read more
EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more
CSC SPV Launches Rural e-Mobility Program to Promote EVs in Rural India Updated On Mon, Feb 22nd, 2021 by Saurenergy Common Services Centre (CSC) e-Governance Services Limited, a Special Purpose Vehicle (SPV) by the Ministry of Electronics and IT, has announced a rural e-mobility program urging people to switch to electric vehicles (EVs) to preserve the environment and reduce carbon emissions. CSC scheme is one of the mission mode projects under the Digital India Program. […] Read more
SolarEdge Selected as Supplier for Fiat E-Ducato, Issues Financial Results Updated On Wed, Feb 17th, 2021 by Saurenergy SolarEdge has announced it has been selected to supply powertrain and batteries for the Fiat E-Ducato, also reporting its financial results. SolarEdge Technologies has announced that the Company has been selected and will begin to supply full electrical powertrain units and batteries for the production of the Fiat E-Ducato light commercial electric vehicle. “We are […] Read more
Epsilon Gets Qualified as Anode Precursor Supplier for Li-ion Batteries Updated On Tue, Feb 16th, 2021 by Saurenergy Epsilon receives initial order for its Anode precursor material and successfully qualifies as a supplier in the global Li-ion battery supply chain Epsilon Advanced Material, a leading domestic manufacturer of advanced cell chemistry materials and a subsidiary of Epsilon Carbon, has received an initial order for its Anode precursor material from two top anode makers […] Read more
Tesla to Open EV Production Plant in Bengaluru: Karnataka CM Updated On Mon, Feb 15th, 2021 by Saurenergy Karnataka Chief Minister B S Yediyurappa has announced that US-based electric vehicle (EV) and clean energy company Tesla will set up its production unit in Bengaluru, Karnataka. “American car company Tesla will set up its electric car division in Karnataka,” Yediyurappa said in a statement. A report said, that Tesla registered in the name of […] Read more
Energy Minister Nilesh Cabral Announces E-Mobility Initiatives for Goa Updated On Fri, Feb 12th, 2021 by Saurenergy Nilesh Cabral has emphasised on the importance of ushering in electric 2Ws in Goa, as he highlighted new e-mobility initiatives for the UT. Nilesh Cabral, Minister of Power, Environment, New & Renewable Energy, Govt of Goa emphasised on the importance of ushering in electric two-wheelers in Goa, as he highlighted new electric mobility (E-mobility) initiatives in the […] Read more
Vegas-based Barrel Energy Signs MoU for Lithium Battery Production in India Updated On Fri, Feb 12th, 2021 by Saurenergy Las Vegas-based Barrel Energy has signed an MoU to partner with Roshan Energy for Lithium Battery development and production in India and NA. Las Vegas-based Barrel Energy, an energy and minerals sector player, has announced that it has signed a Memorandum of Understanding (MoU) to enter a partnership with Roshan Energy Technologies, located in Hyderabad, […] Read more
EV Manufacturer Rivian Sets Sights for IPO This Year Updated On Wed, Feb 10th, 2021 by Saurenergy Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter. The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […] Read more