EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million Updated On Tue, Aug 1st, 2023 by Saurenergy Mufin Green Finance, an electric vehicle (EV) financing company, secured funding of INR 80,000,000 from the UK-registered charity, Shell Foundation. The collaboration aims to establish a joint de-risking pool valued at $2 million, known as First Loan Default Guarantee (FLDG), to catalyze commercial debt. This strategic move is expected to enable Mufin Green Finance to […] Read more
TelioEV Listed over 10,000 EV Charging Stations on its Discovery App Updated On Mon, Jul 31st, 2023 by Saurenergy TelioEV, India’s leading EV charging management solutions provider, has announced listing over 10,000 EV charging stations on its Discovery App within twelve months since its inception. These charging stations are strategically located across 27 states, covering major cities, towns, and highways. State-wise Partnerships The top three states with the highest number of charging stations where […] Read more
Servotech Sets up Subsidiary for EV Charging Components Manufacturing Updated On Fri, Jul 28th, 2023 by Saurenergy EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
EIB Delegation to India to Focus on RE Intiatives, Green Hydrogen Ecosystem Updated On Fri, Jul 14th, 2023 by Saurenergy A European Investment Bank (EIB) delegation is embarking on a four-day business visit to India this week to strengthen collaboration with Indian public and private sector partners. The visit of the delegation, which includes EIB Vice-President Kris Peeters, will primarily focus on discussing EIB’s support for clean energy investments and transportation initiatives in the country. […] Read more
EV Ownership & Maintenance: Advantages Every Business Must Leverage Updated On Thu, Jul 13th, 2023 by Saurenergy By Tushar Choudhary, Founder & CEO, Motovolt Mobility Sustainability of operations has become a key consideration for all major businesses. Consumers are well-aware of the climate change crisis, and concerned about any damage caused to our ecology. Since transportation is one of the major contributors of air pollution, EVs are widely seen as the clean, […] Read more
EV Smart Battery Manufacturer Neuron Energy Secures INR 200 Mn Funding Updated On Wed, Jul 12th, 2023 by Saurenergy EV smart battery manufacturer Neuron Energy has successfully raised INR 200 million in its Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with family offices and HNI investors. Neuron Energy says that this funding […] Read more
Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US Updated On Tue, Jun 27th, 2023 by Saurenergy Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […] Read more
RAMP In Alliance with Hala Mobility for Upkeep of EV Fleet Updated On Thu, Jun 8th, 2023 by Saurenergy RAMP GLOBAL, a cloud-based ecosystem for automotive aftermarket services has recently announced its strategic partnership with multi-modal ride-sharing platform Hala Mobility to foray into the maintenance, management, leasing and tracking of electric vehicles. It is the firm’s first move that aims to drive efficiency and reliability of solutions for EV adoption as a clean mobility […] Read more
