India Overtakes China As Largest Three-Wheelers EV Market: IEA Updated On Tue, Apr 23rd, 2024 by Saurenergy International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […] Read more
Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet Updated On Tue, Apr 23rd, 2024 by Saurenergy Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […] Read more
Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US Updated On Mon, Apr 22nd, 2024 by Saurenergy Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain’s Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a 15-year PPA with Matrix Renewables-led stillhouse solar project which is […] Read more
Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility Updated On Thu, Apr 18th, 2024 by Saurenergy Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […] Read more
CleanMax, Apple Partner To Accelerate Renewable Adoption In India Updated On Thu, Apr 18th, 2024 by Saurenergy Renewable energy company–CleanMax (Clean Max Enviro Energy Solutions) today announced a joint venture with Apple. As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons of carbon dioxide (CO2) emissions throughout their operational life. By […] Read more
Nissan Showcases All-Solid-State Battery Pilot Line In Japan Updated On Tue, Apr 16th, 2024 by Saurenergy Japan-based Nissan has showcased its new in-construction all-solid-state battery pilot line to members of the media at its Yokohama Plant in Kanagawa Prefecture. At the media conference, the company showcased its pilot line which is aimed to further promote development and innovative manufacturing technologies for the batteries. Under Nissan’s 2030 long-term vision, it aims to […] Read more
DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland Updated On Tue, Apr 16th, 2024 by Saurenergy Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces. The Moray West offshore wind farm, developed by Ocean […] Read more
EV Startup Raptee Rolls Out First Motorcycle From Chennai Plant Updated On Tue, Apr 16th, 2024 by Saurenergy Chennai-based EV startup Raptee Energy has rolled out its first production-ready motorcycle from its manufacturing plant. The company said it signaled the company’s transition from a startup to a full-fledged EV brand. This milestone underscores Raptee Energy’s dedication to setting new standards for performance and sustainability in the industry. Raptee Energy’s assembly line in Chennai […] Read more
European Commission Signs Solar Charter To Boost Manufacturing Resilience Updated On Tue, Apr 16th, 2024 by Saurenergy The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […] Read more
