Bengaluru to get 1500 e-buses under Centre’s ‘Grand e-Mobility Challenge’ Updated On Mon, Jan 24th, 2022 by Saurenergy If all goes to plan, Bengaluru will get 1,500 electric buses under the Centre’s ‘Grand Challenge’ plan. Convergence Energy Services Ltd (CESL), a PSU under the Union ministry of power, recently unveiled a tender worth Rs 5,500 crore to induct 5,580 e-buses (5,450 single-decker and 130 double-decker ones) across the country. Bengaluru is expected to […] Read more
CESL Launches Massive 5500 cr Tender For Electric Buses Updated On Thu, Jan 20th, 2022 by Saurenergy Giving a big thrust to the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), today announced the floating of a request for proposals for the biggest ever demand for electric buses, under the ‘Grand Challenge’ – a set of homogenized […] Read more
Hyderabad-based Olectra Greentech Bags Order for 50 E-buses Updated On Tue, Jan 4th, 2022 by Saurenergy Olectra Greentech, Hyderabad-based country’s largest manufacturer of electric buses, on Monday said it has received a letter of award (LoA) for 50 e-buses from “one of the state transport authorities” for inter-city operations under the central government’s FAME-II scheme. These buses are to be delivered in 12 months, the company said in a regulatory filing. […] Read more
Ola Electric to Have 4,000 EV Charging Points in 2022, says CEO Updated On Thu, Dec 30th, 2021 by Saurenergy As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across Indian cities next year, the company recently informed its customers. In a tweet, Bhavish Aggarwal, Founder and CEO, Ola, said that Hypercharger roll out has begun across cities. “At key BPCL pumps as well […] Read more
Tata Motors Forms New EV Subsidiary: Tata Motors Electric Mobility Ltd Updated On Thu, Dec 23rd, 2021 by Saurenergy Auto major Tata Motors on Wednesday informed that the company has incorporated a wholly owned subsidiary, Tata Passenger Electric Mobility Limited, which will be involved in manufacturing of electric motor vehicles. The Ministry of Corporate Affairs has issued the certificate of incorporation for the same on December 21, 2021. The subsidiary has been incorporated to […] Read more
Mahindra Electric Mobility Launches Passenger e-3W ‘Treo’ in Maharashtra Updated On Fri, Dec 17th, 2021 by Saurenergy Mahindra Group’s electric vehicle arm Mahindra Electric Mobility on Thursday launched its passenger electric three-wheeler “Treo” in Maharashtra, priced at Rs 2.09 Lakh (ex-showroom, Mumbai). The prices include post-FAME-II, state and early-bird subsidies, according to the company. Mahindra Treo commanding a 67 percent market share in the electric three-wheeler space, the company said. According to […] Read more
E-mobility Tech Platform MoEVing Raises $5 M in Seed Capital Updated On Wed, Dec 15th, 2021 by Saurenergy Indian e-mobility technology platform MoEVing has announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset […] 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
NITI Aayog & Partners Launch India’s 1st E-bus Coalition Updated On Wed, Dec 8th, 2021 by Saurenergy NITI Aayog has launched the e-Sawaari India Electric Bus Coalition in partnership with Convergence Energy Service Limited (CESL) and World Resources Institute, India, (WRI India), and supported by Transformative Urban Mobility Initiative (TUMI). Through the e-Sawaari India Electric Bus Coalition, the central-, state-, and city-level government agencies, transit service providers, original equipment manufacturers (OEMs), financing […] Read more
