Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer Updated On Tue, Aug 2nd, 2022 by Saurenergy Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […] Read more
iVOOMi Energy To Invest Rs 200 Crore In New Factory In Pune Updated On Wed, Jul 20th, 2022 by Saurenergy Electric vehicle manufacturer iVOOMi Energy has announced fresh plans for expansion of its electric two wheeler business in India. iVOOMi has said that it will be investing Rs 200 crore in a new manufacturing unit at Pune. The company will also enhance research and development (R&D) in the segment. The company is a electric two-wheeler […] Read more
Microsoft Datacenter Batteries To Support Growth Of Renewables On The Power Grid Updated On Mon, Jul 11th, 2022 by Saurenergy Global software giant, Microsoft has announced that it will deploy its ‘grid-interactive UPS technology’ at the datacenter maintained by the company in Dublin, Ireland later in 2022. The objective is to demonstrate that these kinds of technologies can help decarbonize power grids across the world. Microsoft holds that the renewable energy from 400 wind farms […] Read more
Solid Power Installs ‘EV Cell Pilot Line’ to Manufacture Solid State Batteries Updated On Wed, Jun 8th, 2022 by Saurenergy Battery developer Solid Power – an all-solid-state battery cells developer for electric vehicles – has said that it has completed installation of its pilot production line called “EV cell pilot line” which is designed to produce EV- scale solid state cells for batteries. As per the official statement of Solid Power, the company intends to […] Read more
Battery Related Fires Singe Sale of E Scooters In May Updated On Thu, Jun 2nd, 2022 by Saurenergy The surging demand for electric scooters seems to have been affected by the spate of battery fires across the country since summer started in earnest. Quality concerns have definitely come to the fore among prospective customers. While rising petrol prices have been pushing more and more people to shift to an electric scooter, the recent […] Read more
Volta to launch its Solid-State Batteries in 2023 Updated On Fri, May 27th, 2022 by Saurenergy Chinese battery major Volta Technology Limited has announced that it would roll out its solid-state batteries from its pilot production line in Shenzhen in early 2023. Solid-state batteries are referred to as ‘the next-generation battery product,’ which are often called safer and more powerful than traditional lithium-ion batteries. Volta Technology claims that an electric vehicle […] Read more
EV Sales Touch New World Record But Raw Materials Could Be Spoiler Updated On Tue, May 24th, 2022 by Saurenergy The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […] Read more
Bhago Mobility Solutions Acquires Stake In Pastiche Energy Solutions Updated On Tue, May 10th, 2022 by Saurenergy Bhago Mobility Solutions Private Limited (Bhago), the Green Energy Vertical for Modern Automotive Limited (MAL), has announced an equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the oldest players in the Energy Storage Sector in India, since 2015. The partnership will aggregate the strengths of both the companies towards the manufacturing of […] Read more
