Leapmotor Forms JV With European Auto Firm To Foray Into India Updated On Wed, May 15th, 2024 by Saurenergy Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […] Read more
Stellantis To Invest $100mn in Argentina’s Solar Energy Sector Updated On Thu, Apr 18th, 2024 by Saurenergy Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […] Read more
Hydrogen Firm Symbio to Invest EUR 1 Bn in Fuel Cell Production in France Updated On Wed, Oct 12th, 2022 by Saurenergy Faurecia and Michelin joint venture, Symbio, has announced the global scale of its HyMotive project that is to entail a total investment of EUR 1 billion in fuel cell production across France through 2028. The official statement of Symbio held that HyMotive will multiply Symbio’s capabilities in two phases. Symbio is a global hydrogen fuel […] Read more
The Long Road For Electric Trucks In India Updated On Wed, Jul 6th, 2022 by Saurenergy The transportation sector is responsible for nearly 14% of India’s total GHG emissions. It is also the fastest-growing greenhouse gas emissions sector in India. Road transport, in particular, accounts for over 90% of transport emissions in the country. Therefore, to achieve the net-zero goals, India has to decarbonise road transport. Electrification of road transport will […] Read more
US Automakers Want Congress To End Tax Credit Cap On Electric Vehicles Updated On Wed, Jun 15th, 2022 by Saurenergy The American electric vehicle manufacturers are devising means that could help the faster adoption of electric vehicles and seamless growth of the EV sector in the USA at a time when the European and Chinese electric vehicle markets are booming. In a fresh development, Chief Executive Officers of General Motors, Ford Motor, Stellantis and Toyota […] Read more
Canadian Govt funds project to enhance manufacturing of electric vehicles Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister of Canada, Justin Trudeau has announced that the Canadian Federal Government will investment in project funding for Stellantis – one the leading automakers in Canada – to help the company modernize its assembly plants and heighten the production of electric vehicles in Canada. A press statement emanating from the office of the Prime […] Read more
Solid State Batteries Get A Vote of Confidence With $200 Million For Factorial Energy Updated On Mon, Jan 24th, 2022 by Saurenergy Massachusetts, US based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and Stellantis. The startup said that the money will help commercialise its solid state batteries for use in EV’s and more faster. Factorial Energy has developed a 40 Ah version of solid-state […] Read more
