Glencore Agrees with GM to Supply Cobalt for Electric Vehicles Updated On Thu, Apr 14th, 2022 by Saurenergy In the middle of a global rush for minerals required for the rising electric vehicle ecosystem, American automaker General Motors Company (GM) has announced that it will purchase cobalt from Australian miner Glencore from its Murrin operations. The size of the deal remains undisclosed by the two players. Cobalt makes up just 0.001% of earth’s […] Read more
Greaves E-mobility partners with Mesha Energy Solutions for battery tech Updated On Wed, Apr 13th, 2022 by Saurenergy Mumbai-headquartered Greaves Electric Mobility Pvt Ltd on Tuesday said it has entered into a partnership with Mesha Energy Solutions Pvt Ltd to improve battery technology for its products across the portfolio. Through the partnership with Mesha Energy Solutions, which is a wholly-owned subsidiary of Mesha, Inc. based in the USA, the company will be able […] Read more
SUN Mobility, cKers Finance Partner to Decarbonise Last-mile Delivery Updated On Fri, Feb 25th, 2022 by Saurenergy cKers Finance, an NBFC focused on financing sustainability and clean energy in India, has provided a debt financing facility to SUN Mobility, a provider of energy infrastructure and services for electric vehicles (EVs). The capital being provided to SUN Mobility will be used to accelerate the deployment of electric vehicles integrated with SUN Mobility’s swappable […] Read more
Battery swapping network, Chargeup, raises USD 2.5 million Updated On Tue, Feb 22nd, 2022 by Saurenergy Chargeup, the company hoping to build one of India’s largest battery-swapping network for electric two and three-wheelers, has announced that it has raised USD 2.5 million in pre-Series A round led by Capital-A and Anicut Capital. Other marquee investors who participated in the round include actors Tiger Shroff & Shraddha Kapoor, Aman and Sameer Gupta […] Read more
Log9, SpareIt In Partnership To Launch Battery Replacement and Retrofitment Model Updated On Sat, Jan 29th, 2022 by Saurenergy Log9 materials and Spareit have come together to tackle what they describe as the biggest concern in the EV ecosystem. The battery is always the heart of any electric vehicle; given that EV range, charging time, and other critical characteristics are all closely tied to the battery’s health. Due to factors experienced such as constant […] Read more
Hero MotoCorp Invests Rs 420 crore in Ather Energy Updated On Mon, Jan 17th, 2022 by Saurenergy Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […] Read more
Hero Electric, Turtle Mobility to Strengthen Last-mile Delivery Segment Updated On Tue, Jan 11th, 2022 by Saurenergy Hero Electric said on Monday it will deliver over 1,000 e-scooters to last-mile delivery solutions startup Turtle Mobility this year as part of a partnership between the two firms, a release said on Monday. Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid and […] Read more
Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu Updated On Fri, Dec 10th, 2021 by Saurenergy Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […] Read more
Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers Updated On Fri, Dec 10th, 2021 by Saurenergy With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […] Read more