Urja Global to Raise $500 mn for Financing EVs and Green Projects Updated On Fri, Oct 4th, 2019 by Saurenergy Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […] Read more
Nissan Partners With EDF to Accelerate EV Adoption Across Europe Updated On Thu, Sep 19th, 2019 by Saurenergy Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of e-mobility together, particularly through the smart charging of EV Nissan and EDF Group have signed a cooperation agreement to accelerate the delivery of electric mobility together – particularly through the smart charging of electric vehicles (EV). This agreement applies to the United Kingdom, […] Read more
Magenta Group Wins ‘EV Charging enabling Technology Leadership Award’ Updated On Tue, Sep 17th, 2019 by Saurenergy Magenta Group was recently bestowed with the ‘Indian EV Charging Enabling Technology Leadership’, at the Frost & Sullivan India Intelligent Mobility Awards Magenta Group, a pioneer in establishing the Electric Vehicle (EV) ecosystem in India under the ChargeGrid brand, was recently bestowed the ‘Indian EV Charging enabling Technology Leadership award’, at the 2019 Frost & […] Read more
EDFR Acquires California-Based EV Charging Firm PowerFlex Updated On Thu, Sep 5th, 2019 by Saurenergy EDFR has announced that it has acquired Los Altos, California-based PowerFlex Systems, a pioneer in managed EV charging technology EDF Renewables (EDFR) has announced that it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a pioneer in managed electric vehicle (EV) charging technology through its subsidiary EDFR North America. The investment is part of EDF Renewables’ continued […] Read more
MG Motor Ties up With Delta Electronics for Fast EV Charging Stations Updated On Fri, Aug 30th, 2019 by Saurenergy MG Motor India has revealed that it has tied up with Delta Electronics India to establish fast-charging stations for EV. MG Motor India has revealed that it has tied up with Delta Electronics India to establish fast charging stations for electric vehicles (EV). As part of the tie-up, Delta will install AC chargers in private vehicle parking locations such […] Read more
EV’s Have Charmed The Government – Will The Markets Follow? Updated On Mon, Aug 26th, 2019 by Saurenergy On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […] Read more
ICAT and IESA Bring 3rd International EV Conclave Updated On Thu, Aug 8th, 2019 by Saurenergy India Energy Storage Alliance (IESA) and International Centre for Automotive Technology (ICAT) are jointly organising the 3rd International EV conclave on Aug 9, 2019. The Electric Vehicle (EV) sector is rising in India and after the sops announced in Budget 2019, it can be a game-changer for the industry. The infrastructure development of (EVs) has […] Read more
Tata Power, Tata Motors to Setup 300 EV Charging Stations in 5 Cities Updated On Sat, Aug 3rd, 2019 by Saurenergy These charging stations will be installed in Mumbai, Delhi, Pune, Bangalore and Hyderabad by the end of the financial year 2020. Tata Group’s two leading arms i.e. electric utility giant Tata Power and automotive manufacturer Tata Motors have entered into a partnership to install 300 fast charging stations across five key cities. These charging stations […] Read more
Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
