CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
India powered by 1,742 public EV charging stations Updated On Mon, Apr 4th, 2022 by Saurenergy The number of electric vehicles (EV) on roads in India has reached over ten lakh with around 1,700 charging stations operational in public places across the country, Union Minister Nitin Gadkari informed Lok Sabha recently. As per Vahan 4 data, as of March 25 this year, a total of 10,76,420 EVs and a total of […] Read more
Statiq Collaborates with HPCL to Add 200+ EV Chargers in UP-Bihar-Uttarakhand Updated On Wed, Mar 30th, 2022 by Saurenergy Electric vehicle (EV) charging network Statiq has collaborated with state-owned refining and marketing company Hindustan Petroleum Corporation Ltd (HPCL) to increase the number of Statiq chargers open to the public to more than 200 in the states of Uttar Pradesh, Bihar and Uttarakhand. Statiq says that 10,000 such chargers will be established by the end […] Read more
Rs 18,100 crore Battery PLI Finally Picks 4 Firms Updated On Fri, Mar 25th, 2022 by Saurenergy Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited, Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […] Read more
Exicom completes installation of 5,000 EV chargers in 4 years Updated On Fri, Mar 25th, 2022 by Saurenergy Power solutions provider Exicom has completed the installation of 5,000 EV chargers across 200 cities, making it the biggest EV charging facilitator in the country, the company claimed earlier. The installations include 3,600 AC and 1,400 DC chargers. The company had installed its first EV charging facility at Lodhi Estate, New Delhi, in 2018. The […] Read more
CSIR- CMERI Inaugurate World’s Largest Solar Tree in Ludhiana Updated On Mon, Mar 14th, 2022 by Saurenergy In a bid to promote the usage of solar energy, the Council For Scientific and Industrial Research (CSIR)’s Central Mechanical Engineering Research Institute (CMERI) has developed world’s ‘largest solar tree’ which was inaugurated today S. Balkar Singh Sandhu, Mayor of Ludhiana Municipal Corporation. The solar tree has been installed at ‘CSIR-CMERI-Centre of Excellence for Farm […] Read more
Hassle Free Travel for EV’s between Delhi-Agra and Delhi-Jaipur Closer to Reality Updated On Tue, Mar 8th, 2022 by Saurenergy Soon the major routes like the Delhi-Jaipur and Agra-Noida expressway will witness regular operations of electric vehicles of all kinds. This is necessary to realise the goal of making India a zero-emission country by reducing its carbon footprint. National Highway for EV (NHEV) Working Group Advisor (Infrastructure, Connectivity Transport and Electric Mobility), Sudhendu J Sinha […] Read more
Explained: EV Subsidies, Incentives Offered by Center and States in India Updated On Thu, Feb 24th, 2022 by Saurenergy Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […] 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
