Norwegian Battery Startup Freyr Signs 38 GWh Battery Deal with Japan’s Nidec Updated On Thu, Sep 1st, 2022 by Saurenergy Norway-based next generation battery developer FREYR, and Japan-based energy storage system (ESS) and high-efficiency electric motors manufacturer, Nidec Corporation, have announced the finalization of an expanded 38 GWh battery cell sales agreement for the period 2025 – 2030. The companies have also agreed to form a joint venture, in which Nidec will hold a super-majority […] Read more
Swedish Battery Materials Firm Altris AB Appoints Martin Anderlind as CEO Updated On Thu, Sep 1st, 2022 by Saurenergy Leading sodium-ion technology company in Sweden, Altris AB has announced the appointment of Martin Anderlind as Chief Executive Officer, effective as of 1 September 2022. Anderlind joins Altris from Northvolt, where he most recently held the position of Chief Talent Officer. “We are extremely excited to welcome on board Martin Anderlind as the new CEO […] Read more
Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption Updated On Tue, Aug 30th, 2022 by Saurenergy Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […] Read more
Panasonic May Build Second Battery Factory in USA; Other Companies Announce Battery Plants Too Updated On Tue, Aug 30th, 2022 by Saurenergy Panasonic, which supplies batteries to global EV leader Tesla, is mulling over the opening of another factory in the USA to produce the batteries, according to reports. The new facility is expected to produce 4680 cells for Tesla. Tesla is presently manufacturing these batteries at its own factory in Fremont. In July this year, Panasonic […] Read more
At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement Updated On Mon, Aug 29th, 2022 by Saurenergy At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […] Read more
Mercedes To Drive India’s Luxury EV Market, Poised To Overtake Tesla Updated On Fri, Aug 26th, 2022 by Saurenergy According to its country head, Martin Schwenk, Mercedes-Benz wants to dominate the market for premium electric vehicles in India. This will help it maintain its lead over rival Tesla and solidify its position as the most popular luxury automobile brand. According to Martin Schwenk, Mercedes-Benz will introduce three new electric vehicles in India this year, […] Read more
Markets And Markets Research Report on Battery Electrolyte Market 2022 Updated On Mon, Aug 22nd, 2022 by Saurenergy A study named “Research Report of Battery Electrolyte Market 2022,” was released by Markets and Markets Research. The demand for batteries has grown significantly over the past few years, and it is anticipated that it will continue to expand rapidly for at least the next few years. In several industries, including the automobile and electricity […] Read more
Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary Updated On Thu, Aug 18th, 2022 by Saurenergy Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […] Read more
Ola Electric Set To Launch Its First Electric Car by 2024 Updated On Wed, Aug 17th, 2022 by Saurenergy Ola Electric has announced last Monday that it is set to launch its first electric car by 2024. The company, which had trouble with deliveries of its electric scooters after making its exact one-year debut into the market, has set an ambitious goal of selling 10 lakh electric cars by 2026–2027. Ola founder and CEO […] Read more
