EV Solutions Firm Magenta Invests in EV Component Maker Axiom Updated On Wed, Dec 8th, 2021 by Saurenergy Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, has confirmed a significant investment into Axiom Energy Conversion Limited, one of India’s oldest EV component manufacturers, said an official statement. With the Magenta Axiom investment and partnership, plans are afoot to develop a greenfield manufacturing setup dedicated to EV powertrain components, including chargers, convertors, […] Read more
A Space to Watch Out for: EV’s Impact Rests on the Way it is Marketed! Updated On Fri, Dec 3rd, 2021 by Saurenergy The EV segment is poised to follow a high growth curve in the India market. A positive investment outlook and aggressive marketing strategies are expected to shape the Indian EV growth story over the next three years. Some Highlights: “Projections by the India Energy Storage Alliance (IESA) estimate that the Indian EV market will grow […] Read more
FAME Scheme Phase II Supported 1.65 L EVs: Min of Heavy Ind Updated On Wed, Dec 1st, 2021 by Saurenergy About 1.65 lakh electric vehicles have been supported as on November 25 this year under Phase II of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India scheme, Parliament was informed on Tuesday. The Ministry of Heavy Industries (MHI) formulated the scheme in March 2015 to promote adoption of electric/ hybrid vehicles (EVs) […] Read more
Goa Govt Approves E-mobility Policy, Targets 30% EV Adoption by 2025 Updated On Wed, Dec 1st, 2021 by Saurenergy With the objective of boosting adoption of electric vehicles (EV) to at least 30% by 2025, the state government has approved the Goa Electric Mobility Promotion Policy (GEMPP) 2021. The policy aims to create 10,000 direct and indirect jobs in the sector by 2025. With the focus on establishing Goa as a model of international […] Read more
Scientists At IIT-BHU Claim Building A Device for On-Site Hydrogen Production Updated On Fri, Nov 26th, 2021 by Saurenergy Scientists of IIT (BHU) Varanasi have developed what they claim is a first of its kind device in India for the on-site production of ultra-pure Hydrogen. At a time when India has committed to zero net emissions by 2070 at the COP 26 Climate Summit this is a major development in the Nations Sustainable Development […] Read more
Omega Seiki Mobility, Charzer In Partnership For 20K Strong Pan India Charging Network Updated On Thu, Nov 25th, 2021 by Saurenergy Bengaluru based EV charging infrastructure startup, Charzer has joined hands with Omega Seiki Mobility, an Anglian Omega Group Company to set up a network of 20,000 EV charging stations across India in the next two years, accelerating the shift to electric vehicles in last mile logistics. This will help Omega Seiki deploy 30,000 cargo vehicles […] Read more
Magenta to Invest ₹250 Cr in Setting Up EV Mfg Plant in Tamil Nadu Updated On Wed, Nov 24th, 2021 by Saurenergy Magenta, an Indian Charge Point Operator (CPO) company, has signed a Memorandum of Understanding (MoU) with the State Government of Tamil Nadu to invest in building EV charging infrastructure in the state. Maxson Lewis, CEO and MD, Magenta, signed the MoU in the presence of the Chief Minister of Tamil Nadu, M.K. Stalin, at the […] Read more
Indira Gandhi International Airport to Achieve Net Zero by 2030 Updated On Wed, Nov 24th, 2021 by Saurenergy The national capital’s Indira Gandhi International Airport (IGIA) is set to become ‘Net Zero Carbon Emission Airport’ by 2030. “At Delhi Airport, we are on a strong environment progress journey and we are confident to become ‘net zero carbon emission’ airport by 2030, following the ‘Airport Carbon Accreditation’ guidelines,” said Videh Kumar Jaipuriar, CEO, DIAL. […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
