Mahanagar Gas, IBC Set To Invest Rs. 230 Cr In Bengaluru Gigafactory Updated On Fri, Nov 8th, 2024 by Saurenergy Indian natural gas distribution company, Mahanagar Gas Limited (MGL), recently signed a Share Subscription Agreement (SSA) and a Shareholding Agreement (SHA) with International Battery Company, Inc. (IBC US). Through this collaboration, both parties plan to invest in International Battery Company India Private Limited (IBC India), currently a 100% subsidiary of IBC US. Under the agreement, […] Read more
Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant Updated On Fri, Oct 11th, 2024 by Saurenergy Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […] Read more
Honda Opens New R&D Facility In Bengaluru Updated On Thu, May 9th, 2024 by Saurenergy Japan-based Honda recently opened its new solution Honda R&D (India) (HRID) research and development (R&D) center in Bengaluru, Karnataka. The company HRID is a subsidiary of Honda Motor Co., Ltd. and functions as Honda’s research and development arm for motorcycles and power products in India. By setting up its recent plant in India, the company aims to achieve its […] Read more
CleanMax To Enhance Energy Resilience At Bengaluru International Airport Updated On Thu, Feb 22nd, 2024 by Saurenergy CleanMax Enviro Energy Solutions, a leading C&I Renewable Energy Company with projects across Asia and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term PPA for the generation and supply of renewable energy from a 45.9 MW Solar-wind Captive Power Project under a SPV named – Clean Max BIAL Renewable Energy Private Limited. CleanMax […] Read more
Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece Updated On Wed, Feb 21st, 2024 by Saurenergy Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […] Read more
Tata Motors Electrifies Bengaluru With The Delivery Of 100 New Electric Buses Updated On Thu, Dec 28th, 2023 by Saurenergy Tata Motors, a commercial vehicle manufacturer, claims that it has electrified Bengaluru’s public transport system with the delivery of its electric bus (e-bus)–‘Starbus EVs’ to the Bengaluru Metropolitan Transport Corporation (BMTC). This marks a significant milestone as part of a larger order as per the agreement between TML (Tata Motors Limited) Smart City Mobility Solutions […] Read more
Bengaluru-based Orxa Launches E-bike ‘Mantis’ With 221-km Range Updated On Wed, Nov 22nd, 2023 by Saurenergy Bengaluru-based automotive company Orxa Energies launched its ambitious electric sports bike ‘Mantis. The company claimed the e-bike has a range of 221 kms with a single charge. The product is priced at Rs 3.6 lakh. The firm said that over 85% of the Mantis is designed and developed by the Orxa team and Indian vendor-partners. […] Read more
Bengaluru’s EV Infra Startup Bolt.Earth Rakes Up $20 Mn Funding Updated On Fri, Oct 6th, 2023 by Saurenergy Read more
Bengaluru’s EV Infra Startup Bolt.Earth Rakes Up $20 Mn Funding Updated On Fri, Oct 6th, 2023 by Saurenergy EV infrastructure and software company Bolt.Earth has raised $20 million from Union Square Ventures, Prime Venture Partners and ITIGO Funds, among others. Union Square and Prime Venture Partners had already backed the Bengaluru-based startup during its Series A round of $4 million in September 2021. The company then rebranded itself from Revos to Bolt.Earth. The company said […] Read more
