Three-Wheeler EV Sales In India Increased By 65.23% In 2023: FADA Updated On Mon, Jan 15th, 2024 by Saurenergy The Federation of Automotive Dealer Association (FADA) released its data on Electric-Three-Wheeler auto retail for the month of December’23 and also for the (Cyclic Year) CY 2023. The data revealed several trends and hinted at the continuous rise of the segment in India. Electric – Three – Wheler FADA in its data for the Cyclic […] Read more
Hero Electric Begins Construction Of Second Manufacturing Plant In India To Produce 2 Lakh Vehicles Updated On Mon, Jul 25th, 2022 by Saurenergy Country’s leading electric scooter company, Hero Electric has begun to build its second manufacturing plant adjacent to the existing facility in the country in Ludhiana, Punjab. Hero Electric Managing Director Naveen Munjal was quoted as saying, “We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the […] Read more
M&M Plans To Sell 2 Lakh EVs By FY-27 Updated On Mon, Jul 11th, 2022 by Saurenergy Automobile major Mahindra & Mahindra has recently announced the sale of 2 lakh electric vehicles as its target by FY-27. Its path towards electrification will include the diverse portfolio of five electric vehicles in the coming five years. Rajesh Jejurikar, ED, Mahindra & Mahindra said that the company is looking to invest about $1 billion […] Read more
Hero Electric, M&M Partner for EV Production, Platform Development Updated On Wed, Jan 19th, 2022 by Saurenergy Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […] Read more
Danish Fund IFU To Invest $34 Million Into Cleanmax Updated On Tue, Dec 21st, 2021 by Saurenergy In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
RUMSL Shajapur Auction- NTPC, Solar Arise Emerge Winners Updated On Tue, Jul 20th, 2021 by Saurenergy The 450 MW RUMSL (Rewa Ultra Mega Solar Limited) solar auction finally culminated with NTPC Renewables (NTPC) and Talettutayi Solar Projects Nine (SolarArise) emerging winners. The solar projects, to be located in the Shajapur Solar Park in Madhya Pradesh had received a strong bidder response earlier, thanks mainly to the strong reputation of RUMSL, and […] Read more
Manufacturing, Affordability And Efficiency in Focus at CEO Session Solar Tech Summit Updated On Wed, Sep 9th, 2020 by Saurenergy The CEO’s session at the first World Solar Technology Summit by the ISA saw head honchos make a strong pitch for a broader manufacturing supply chain, besides the need to maintain the price trajectory and seek higher efficiency. In a session moderated by Jeanette Rodrigues, Mumbai bureau chief of Bloomberg LP, gloal CEO’s weighed in […] Read more
Zoomcar Partners up With ETO Motors to Boost Shared E-Mobility Updated On Wed, Jul 29th, 2020 by Saurenergy Zoomcar has partnered with e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will […] Read more
