The Transition to EVs in India Will Require Rs 19.7 Lakh Crore Investment: Report Updated On Tue, Feb 2nd, 2021 by Saurenergy The transition to EVs in India will require a cumulative investment of Rs 19.7 lakh crore in EVs, charging infrastructure, & batteries by 2030 A new report by NITI Aayog and Rocky Mountain Institute (RMI) has found that the transition to electric vehicles (EVs) in India will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, […] Read more
‘Mobilising Finance for EVs in India’ Report by Niti Aayog Updated On Tue, Feb 2nd, 2021 by Saurenergy India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […] Read more
Tesla Won’t Solve the Issue of Low EVs Influx in India: IDTechEx Report Updated On Mon, Feb 1st, 2021 by Saurenergy Tesla has announced its plans to enter the Indian automobile market at the very beginning of 2021. So how will Tesla reach its goals in India, and how India will boost its EV adoption with this foreign entry? Well, the answer is not quite that straight and easy. However, a report from IDTechEx: “Electric Vehicles in […] Read more
EV Acceleration in UP, CM Proposes Tax Exemptions Updated On Sat, Jan 30th, 2021 by Saurenergy Considering the whole country is moving fast forward towards electric vehicles (EV) adoption, the Uttar Pradesh government is bringing advancements to increase the influx of EVs into the state. Recently, the department of industrial development reviewed EVs, during that, Chief Minister Yogi Adityanath proposed an exemption of road tax and registration fees to promote EVs. […] Read more
EV Sector Should Switch to Completely Indigenous Batteries: Nitin Gadkari Updated On Sat, Jan 30th, 2021 by Saurenergy Ministry of Road Transport & Highways asked the EV industry to shift towards indigenous battery technologies. With electric vehicles (EVs) fast becoming the new reality, the need to emerge as pioneers in developing leading battery and power-train technologies, the ministry stated. In a statement, “Noting that the challenge we presently face is the control on […] Read more
Tata Motors Celebrates 1st Anniversary of its EV Tata Nexon launch Updated On Thu, Jan 28th, 2021 by Saurenergy Tata Motors has announced the first anniversary celebrations of its popular electric SUV, the Tata Nexon EV. Since its launch a year ago, the Nexon EV has shown constant growth and became India’s highest-selling electric vehicle, leading a market share of 64 percent (YTD FY21). The all-electric SUV, Tata Nexon has been admired for its design, zero-emission […] Read more
Panasonic Life Solutions India to Provide Charging Infra to PMI for 1000 e-Buses Updated On Fri, Jan 22nd, 2021 by Saurenergy Panasonic Life Solutions India will provide high-tech EV charging infrastructure to PMI for operating more than 1000 electric buses. Panasonic Life Solutions India has formed a partnership with PMI Electro Mobility to provide high-tech EV charging infrastructure. In the first phase of rollout the firm will provide PMI with EV charging infrastructure across 17 cities […] Read more
Ola to Access Siemens’ Integrated Digital Twin Design For EV Manufacturing Updated On Fri, Jan 22nd, 2021 by Saurenergy Indian ride-hailing firm Ola has announced that it has partnered with Siemens to access the integrated digital twin design for building its electric vehicle (EV), AI-driven manufacturing unit. Back in 2020, Ola signed an MoU with the government of Tamil Nadu to build the largest electric two-wheelers (E2Ws) manufacturing unit by investing 2,400 Crores. According […] Read more
StoreDot Launches its 1st Gen ‘5-Minute Charge’ Li-ion EV Battery Samples Updated On Thu, Jan 21st, 2021 by Saurenergy StoreDot, a leading innovator and developer of extreme fast charging (XFC) battery technology, has announced the availability of its first-generation ‘5-minute charge’ battery engineering samples. Representing a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the […] Read more
