Hyundai to Install 10 Ultra Fast EV Charging Stations on Key Highways Updated On Thu, Feb 2nd, 2023 by Saurenergy Ace automaker Hyundai has said that the company plans to install 10 ultra-fast charging stations for electric mobility in the country to enable seamless movement and greater adoption of electric vehicles. In a key development, Hyundai and ChargeZone – Hyundai’s partner – have mounted two DC ultra-fast EV charging stations on two different highways of […] Read more
BMW & Solid Power Partnership For Solid-State Battery Technology Updated On Tue, Jan 24th, 2023 by Saurenergy Automakers are exploring the possibilities of enhancing battery technology seeking a fit with the growing expectations of the EV industry. Solid-state battery is one such technology that can disrupt the existing power storage market for EVs. As per some forecasts, the Solid-state battery market size will reach $13.15 billion by 2030 from $805 million in […] Read more
The Top 5: Upcoming Electric Cars In India In 2023 Updated On Tue, Jan 10th, 2023 by Saurenergy India’s electric car market is likely to see more EVs this year than anytime before. With growth in EV battery technology and strong national commitments for 2030 and net zero by 2070, EV market is further set to share a considerable chunk of electric vehicle market of India. Amidst this continuation of EV surge, we […] Read more
SES Bets On Li-Metal Batteries For EV Future Updated On Mon, Jan 2nd, 2023 by Saurenergy Headquartered in Massachusetts, SES AI Corporation is a manufacturer and developer of Hybrid Li-Metal rechargeable batteries for electric vehicles (EV) and other applications. SES AI was founded on April 17, 2012, originally as SolidEnergy Systems. Its Li-Metal batteries combine the high energy density of Li-Metal with the cost-effective, large-scale manufacturing of conventional Li-ion batteries. SES […] Read more
Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems? Updated On Thu, Dec 15th, 2022 by Saurenergy The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […] Read more
HDFC Bank to Make Significant Investments in EV Loans Updated On Tue, Nov 22nd, 2022 by Saurenergy Despite certain setbacks on the level of the auto industry, HDFC Bank is seeking to triple its financing for electric vehicle (EV) purchases in the next three years. This is due to an early assessment that lending is proving to be profitable. The banking institution aims to triple the ebook dimension by 2025 after initially […] Read more
Hyundai Begins $5.5 Bn EV, Battery Plant in USA Updated On Thu, Oct 27th, 2022 by Saurenergy The South Korean auto conglomerate Hyundai Motor Co is about to break ground for the $5.54 billion electric vehicle and battery plant in the USA. Hyundai wants to have a reasonable share in the electric vehicle sales in America. Georgia Governor Brian Kemp, Senators Jon Ossoff and Raphael Warnock may attend the ceremony of the […] Read more
Vitesco Technologies gets €2 billion order from Hyundai to deliver EMR4 axle drive Updated On Fri, May 6th, 2022 by Saurenergy Further expanding its axle drive business, Hamburg, Germany based Vitesco Technologies has announced that the company has secured a €2 billion contract to supply its new generation axle drive EMR4 (Electronics Motor Reducer) to Hyundai Motor Group. In March, Vitesco Technologies had announced about the very order in its annual press conference but the name […] Read more
The Top 5: Upcoming EVs of 2022 for India Updated On Thu, Mar 17th, 2022 by Saurenergy Recording a 168 percent increase in sales in 2021 over a year earlier, the Indian EV market is hyped up for a record 2022. As more and more Indian car manufacturers join the bandwagon for new battery-operated vehicles, it is also notable to see the ones that are still staying out, like market leader Maruti […] Read more