Biden Admin Awards $623 Million To Shore Up EV Charging Network In US Updated On Fri, Jan 19th, 2024 by Saurenergy Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […] Read more
EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
ARENQ Partners with DE Power to Distribute EV chargers, Swapping Stations Updated On Tue, Jan 16th, 2024 by Saurenergy ARENQ, a manufacturer of energy storage batteries, partnered with DE Power, an Asian company specialized in Electric Vehicles (EV) charging solutions, as the exclusive distributor of latter’s chargers and swapping stations across India. “This collaboration marks a significant milestone in our commitment to revolutionize India’s electric mobility landscape. ARENQ is dedicated to empowering sustainable transportation […] Read more
LG Electronics Opens First US Factory To Produce Advanced EV Chargers Updated On Tue, Jan 16th, 2024 by Saurenergy South Korean multinational conglomerate LG Electronics announced opening of its first factory in the United States (US) for assembling electric vehicle (EV) charging stations. The new Electric Vehicle (EV) charger production factory is located in Fort Worth, Texas, and it expected to create new jobs and support the growth of America’s EV charging infrastructure. Fort […] Read more
HPTDC To Install EV Charging At Its Hotels To Boost Tourism in Himachal Pradesh Updated On Tue, Jan 16th, 2024 by Saurenergy In an effort to attract tourists, the Himachal Pradesh State Tourism Development Corporation (HPTDC) is installing EV charging stations at its hotels situated across the state. The hotels of the Corporation are strategically located at prominent places such as Barog, Parwanoo, Kiarighat, Darlaghat, and other top destinations along highways. These places witness significant tourist footfall. […] Read more
VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant Updated On Mon, Jan 8th, 2024 by Saurenergy VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […] Read more
To Boost EVs, Himachal Restricts Diesel/Petrol Vehicles For Govt Depts Updated On Wed, Jan 3rd, 2024 by Saurenergy In an initiative to boost the growth of Electric Vehicles (EV) in Himachal Pradesh, Chief Minister Thakur Sukhvinder Singh Sukhu has directed all government departments not to buy diesel or petrol vehicles starting January 1, 2024. This has been done with a view to promoting electric vehicles on a large scale. If necessary, the departments […] Read more
Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network Updated On Tue, Dec 26th, 2023 by Saurenergy Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised […] Read more
Motovolt, German Firm Swobbee In Tie-up For Battery Swapping Stations Updated On Wed, Dec 20th, 2023 by Saurenergy Motovolt Mobility Pvt. Ltd, an e-mobility brand, has collaborated with German climate-tech firm Swobbee to establish 200 battery swapping stations across India within the next 24 months. This partnership aims to address the challenges associated with electric vehicles (EVs), with a primary focus on battery charging time, cost, and life to elevate the overall user […] Read more