Centre Extends FAME-II Scheme For EVs: Report Updated On Thu, Mar 7th, 2024 by Saurenergy The Centre has decided to extend the FAME-II scheme (Faster Adoption and Manufacturing Electric Vehicles) for EV manufacturing and to boost faster adoption of EVs in the country. Earlier, the scheme was slated to end by March 31, 2024. According to media reports, the government has extended the scheme not to let any disruption affect […] Read more
Quantum Energy Partners With BatterySmart For 2-3 Wheeler EV Charging Updated On Wed, Feb 28th, 2024 by Saurenergy Electric two-wheeler manufacturer Quantum Energy has announced that it has come into an alliance with a battery-swapping network Battery Smart with an aim to cater to two and three-wheeler electric vehicles. As per the official release by the firm, this collaboration aims to leverage Battery Smart’s extensive network of over 900 swap stations across 25+ […] Read more
Panasonic Energy, H&T Partner To Supply Li-ion Battery Cans To US Updated On Tue, Feb 27th, 2024 by Saurenergy Panasonic Energy a Panasonic Group Company today announced it has signed a long-term agreement with H&T Recharge, a leading battery component manufacturer, for the supply of lithium-ion battery cans in North America, with the aim of expanding its production of safe electric vehicle (EV) batteries. Panasonic Energy and H&T have collaborated since 2017, with H&T […] Read more
Servotech Wins Order for 1500 EV Chargers from HPCL, OEMs Updated On Mon, Feb 26th, 2024 by Saurenergy Delhi-based EV Chargers manufacturer Servotech announced it has bagged an order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs worth Rs 102 crores involving two charger variants of 60 kW and 120 kW. According to a media release by the company, orders secured by HPCL […] Read more
France Slashes EV Subsidies By 20% For High Income Earners: Report Updated On Fri, Feb 16th, 2024 by Saurenergy The French government slashed subsidies on electric vehicles for the top 50 percent of high-income earners earlier this week. The aim behind this move by Paris is to control budget-related issues and manage expenditures for promoting electric and hybrid vehicle adoption. Therefore, the France government has reduced the subsidy by 20 percent. Under this new […] Read more
Biden Admin Awards $623 Million To Shore Up EV Charging Network In US Updated On Fri, Jan 19th, 2024 by Saurenergy Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […] Read more
In 2024, US-China Trade Tensions Likely To Cast Shadow Over EV, PV Supply Chains Updated On Fri, Jan 5th, 2024 by Saurenergy Short of an unprecedented rapprochement, the EV sector looks set to be headed into some potholes in 2024. The reason is heightening tensions between the US and China, as both countries ratchet up measures to assert control over their respective strengths. For China, it is its huge dominance of the EV supply chain, from batteries […] Read more
Reliance Announces Battery Plans With Launch of Swappable Batteries Updated On Thu, Oct 5th, 2023 by Saurenergy The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
