European Commission Announces €300mn Plan for Development of Hydrogen Economy Updated On Fri, Mar 11th, 2022 by Saurenergy Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a […] Read more
Venture capital rolls in for EV battery startups Updated On Thu, Mar 10th, 2022 by Saurenergy A key development in the global EV industry’s advancement last year was a striking rise in venture capital for EV battery startups, which indicates an upward graph for the trend in 2022 both within and beyond India. Globally speaking, 2021 saw EV battery startups raising over $3.6 billion through funding rounds led by big names […] Read more
Automovill to Install EV Charging Stations in Association with Midgard Electric Updated On Wed, Mar 9th, 2022 by Saurenergy Bengaluru based auto repair startup Automovill has partnered with EV charging startup Midgard Electric to allow the former to use its existing network of service centres as EV charging stations. This will benefit the rising numbers of electric vehicles owners. Midgard Electric will provide the charging infrastructure in this partnership. This is expected to benefit […] Read more
Renewable Energy Provider, charging network tie up to push EV’s in Texas Updated On Fri, Mar 4th, 2022 by Saurenergy Among the many challenges facing the global electric vehicles (EV) industry today is the need to construct business models that, rather than being limited to value chains or industry competitors, can address the broader value network or ecosystem. This means that because EVs integrate a variety of previously independent actors — for instance, electric utilities […] Read more
NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future Updated On Fri, Feb 25th, 2022 by Saurenergy The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […] Read more
Magenta expands EVET offering to Mumbai and Chennai Updated On Wed, Feb 23rd, 2022 by Saurenergy EVET by Magenta, the e-mobility platform, which has been running its EV Fleet for urban logistics movement for about a year now in Bengaluru, now enters Mumbai and Chennai Markets. The company informs that it shall roll out over 500+ EV Fleet in the next 3-4 months in both cities. EVET (Electric Vehicle Enabled Transport) […] Read more
5 Best Lithium Battery Recycling Firms for the New EV World Updated On Tue, Feb 22nd, 2022 by Saurenergy The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […] Read more
Major Auto OEMs to Soon Set Up Open-source EV Architecture: Report Updated On Mon, Feb 21st, 2022 by Saurenergy In 2021, several tech companies created open-source vehicle architecture operating systems and open electric vehicle (EV) platforms. This approach of adopting new partnership models in the automotive sector will increase in 2022, according to a latest report produced by market research firm Gartner. As digital technology becomes the differentiator in the car sector, automakers will […] Read more
China, Europe Lead record global EV sales in 2021 Updated On Wed, Feb 16th, 2022 by Saurenergy A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […] Read more
