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
Eka Mobility To Invest Rs 600 Crore In Pune EV Makers Updated On Fri, May 3rd, 2024 by Saurenergy Pune-based electric vehicle (EV) manufacturer Eka Mobility will be investing Rs 600 crore for the expansion of its manufacturing facilities in Chakan and Koregaon Bhima in Pune district, Maharashtra. According to the company Eka Mobility, the company aims to establish an initial manufacturing capacity capable of producing approximately 2,000 buses and 6,000 LCVs annually. Furthermore, […] Read more
Green Logistics Revolution: How Indian Corporates are Investing to Slash Carbon Footprint? Updated On Mon, Apr 29th, 2024 by Saurenergy By- Akash Hegde, Co-Founder, ShakeDeal As environmental concerns take center stage, the logistics industry worldwide is going through a major transformation. India, with its growing economy and increasing trade, is also part of this shift. The combination of digital technologies and sustainability requirements is restructuring supply chain operations, prompting Indian companies to invest in green […] Read more
MG Motors Establishes 500 EV Chargers In 500 Days In India Updated On Fri, Apr 26th, 2024 by Saurenergy MG Motors in India has announced that it has set up 500 chargers in 500 days as part of its MG Charge initiative in India. Gaurav Gupta, Chief Growth Officer, MG Motor India said, “MG aspires to do more than provide cutting-edge electric vehicles. This landmark of installing 500 chargers in as many days underscores […] Read more
Hyundai, Kia Plan To Launch India-Made EVs Till 2025 Updated On Thu, Apr 25th, 2024 by Saurenergy Hyundai Motor Group Executive Chair Euisun Chung in his recent visits to India shared mid-to long-term mobility strategic commitments to deliver a major manufacturing advance in India. With the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and Kia India combined. Kia India will also start production of […] Read more
EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025 Updated On Wed, Apr 24th, 2024 by Saurenergy Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […] Read more
Log9 Rebrands Its Mobility Arm As EV Asset Management Firm Amphion Updated On Tue, Apr 23rd, 2024 by Saurenergy Battery cell technology and EV Mobility Ecosystem products developer Log9 has announced the rebranding of its mobility business as Amphion, a full-stack EV asset management company. Amphion will help address critical challenges faced by the commercial electric vehicle (EV) industry, including financing, data & analytics, charging infrastructure, and energy efficiency. Its comprehensive suite of services […] Read more
GM Energy’s US Customers To Get Option To Transfer Power Between EVs and Homes Updated On Fri, Apr 19th, 2024 by Saurenergy As EV technology continues to evolve, GM is working toward elevating the overall ownership experience by introducing new ways for customers to unlock additional value and gain access to the expanded benefits of an all-electric future. Available for the first time as part of its expanding product ecosystem, GM Energy’s initial offerings for residential customers […] Read more