Mirae Asset Investment Launches ETF Focused On EVs Updated On Fri, Jun 21st, 2024 by Saurenergy Mirae Asset Investment Managers (India) has launched India’s first exchange-traded fund (ETF) focused on electric vehicles (EV) and the new-age automobile industry, after the National Stock Exchange (NSE) launched the new Nifty EV- an index. last month.The New Fund Offer (NFO) of Mirae Asset Nifty EV and New Age Automotive ETF starts on June 24 […] Read more
Hubject & Exicom Partners To Enhance EV Charging Updated On Thu, Jun 20th, 2024 by Saurenergy Hubject, the EV Interoperability market leader, has entered into a strategic partnership with Exicom, India’s largest EV charger manufacturer, charge point operators, and other ecosystem players. The overall aim of the partnership is to use Hubject’s innovative interoperability technology to improve the charging experience for EV drivers in India. This includes Hubject’s interchange platform, which […] Read more
Lectrix EV to Supply Electric 2Ws to ZEVO Mobility Updated On Fri, Jun 14th, 2024 by Saurenergy Lectrix EV and ZEVO, a major player in the electric mobility space, have signed a strategic cooperation. Lectrix EV is a member of the SAR Group, which has been on the market for more than 30 years and is known for consumer names including Livpure and Livguard. The company has six R&D sites and works […] Read more
Courier Company Blue Dart To Expand EV Fleet Updated On Mon, Jun 3rd, 2024 by Saurenergy Courier and package distribution company Blue Dart has announced it will be expanding its EV fleet in order to cut down emissions. Balfour Manuel, Managing Director, Blue Dart, said, “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to […] Read more
NSE Ignites EV Investment With Debut Of Electric Vehicle Index Updated On Fri, May 31st, 2024 by Saurenergy National Stock Exchange of India (NSE’s) index services subsidiary, NSE Indices Limited recently launched a new thematic index – the Nifty electric vehicle (EV) and automotive index. The nifty electric vehicle (EV) automotive index aims to track the performance of companies that form a part of the EV ecosystem. It includes companies that are involved […] Read more
Hyundai Installs First EV Charging Facility In Chennai Updated On Tue, May 28th, 2024 by Saurenergy Hyundai Motor India Limited (HMIL) has announced the inauguration of its first 180 kW DC fast public electric-powered vehicles (EV) charging station in Chennai, Tamil Nadu, comprising of 150 kW & 30 kW connectors. According to HMIL, it is the only fast public EV charging station currently installed in Chennai and is the first of […] Read more
ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors Updated On Thu, May 23rd, 2024 by Saurenergy ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […] Read more
Mahindra Electric Approves Rs 12,000 Cr Investment In EVs Updated On Fri, May 17th, 2024 by Saurenergy Mahindra Electric Automobile Limited recently approved an investment of Rs. 12,000 Cr. in Mahindra Electric Automobile Limited (MEAL) in one or more tranches, over three years up to 31st March 2027. MEAL is expected to fund in company over the next 3 years. Moreover, Mahindra and Mahindra (M&M) and its auto division are expected to generate sufficient operating cash to satisfy all their capital investment needs. Previously, […] Read more
Kia Unveils Revamped EV6 Electric Vehicle With Bigger Battery Updated On Tue, May 14th, 2024 by Saurenergy South Korean automaker, Kia recently launched a redesigned and upgraded version of its EV6 electric vehicle. The design was initially introduced in 2021. Its redesigned SUV look comes with a fourth-generation 84 kWh battery and an infotainment system. This system is built on Hyundai Motor Group’s software using defined vehicle (SDV) technology. Kia said the […] Read more
