Global EV Component Market to Reach $157.4 Bn by 2025: Report Updated On Mon, Feb 17th, 2020 by Saurenergy With the burgeoning EV demand worldwide, the global EV component market is projected to reach USD 157.4 billion by 2025 from USD 22.2 billion in 2018 With the burgeoning electric vehicle (EV) demand worldwide, the production of related components is set to get a boost. According to ResearchAndMarkets.com, the global electric vehicle component market is projected to […] Read more
Hyundai & Canoo to Co-Develop Electric Platform for Future EVs Updated On Wed, Feb 12th, 2020 by Saurenergy Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs Hyundai Motor Group and Canoo have announced that Hyundai has engaged Canoo to jointly develop an electric platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia EVs. As part of […] Read more
Progress in Sales of EVs/Hybrid Vehicles Under FAME Scheme Updated On Tue, Feb 11th, 2020 by Saurenergy The DHI has been administrating FAME India for the adoption of EVs/ hybrid vehicles in India since 2015, and Union Minister Prakash Javadekar has now shed some light on the progress The Department of Heavy Industry (DHI) is administrating Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (EVs) in India (FAME India) Scheme for […] Read more
West Bengal to set up Solar Projects on Depot Roofs to Charge EVs Updated On Mon, Feb 10th, 2020 by Saurenergy The West Bengal Transport Corporation is set to generate power through solar panels on depot roofs to recharge its electric vehicles (EVs) The West Bengal Transport Corporation (WBTC) is set to generate power through solar panels on depot roofs to recharge its electric vehicles (EVs). The Energy and Resource Institute (TERI) has conducted a study and found significant savings in annual electricity bills. In a […] Read more
Battery Power Sharing, Swap Stations Could Make EVs Affordable Updated On Mon, Feb 3rd, 2020 by Saurenergy Researchers are working on a technology for sharing of battery power with other EVs and selling excess energy to the grid to make EVs more economical Researchers are working on two solutions for electric vehicles (EVs), including a technology that would allow sharing of stored battery power with another EV and even sell excess energy to make a fast […] Read more
EVs to Cost Less Than ICE Vehicles Inside 3 Years: Niti Aayog CEO Updated On Fri, Jan 31st, 2020 by Saurenergy EVs will cost less than ICE vehicles in 3 years as the price of battery packs is expected to fall by almost 51% per unit, NITI Aayog CEO Amitabh Kant said Electric Vehicles (EVs) will become cheaper than internal combustion engine (ICE) vehicles in three years as the price of battery packs of EVs is […] Read more
Lithium Urban Fleet now Powered by 1000 Mahindra Electric Vehicles Updated On Tue, Jan 14th, 2020 by Saurenergy Mahindra Electric, Lithium Urban Technologies have announced their partnership has crossed the milestone of 1,000 electric vehicles in the Lithium fleet Mahindra Electric, part of the USD 20.7 billion Mahindra Group and Lithium Urban Technologies, India’s largest zero-emission service for employee transportation, have announced that their partnership has crossed the significant milestone of 1,000 Mahindra […] Read more
Everon & Arcadia Partner to Drive Clean Charging for EVs Updated On Fri, Jan 10th, 2020 by Saurenergy Everon has announced its partnership with Arcadia to launch new solutions that will make it easier for all drivers of EVs in the US to charge sustainably. Everon, a global EV charging platform, announced its partnership with Arcadia (previously Arcadia Power), the only nationwide US technology company focused on clean consumer energy. At a time […] Read more
Mercedes-Benz & Geely Holding JV to Develop Premium EVs Updated On Thu, Jan 9th, 2020 by Saurenergy Mercedes-Benz & Geely have established their global JV “smart Automobile” with the aim to transform it into a leading player in premium-and intelligent EVs. Mercedes-Benz AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, have announced that they have formally established the global joint venture (JV) “smart Automobile Co., Ltd.” for the […] Read more