We Are Targetting Volumes of Nearly 175,000 Vehicles Yearly in Next 5-7 Years Updated On Mon, Oct 3rd, 2022 by Saurenergy EV startup, ElectronEV was founded in 2020 by Vinay Jayachand and Rakesh Koneru. Based out of Bay Area, USA and Hyderabad, the startup recently announced its entry into the Indian market. Its founder Vinay Jayachand brings to the table more than 11 years of experience in the automotive industry. Of this, he spent eight years […] 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
Charging A Crayon Scooter Is As Simple As Charging A Mobile Phone: Mayank Jain, Director, Crayon Motors Updated On Fri, Jul 29th, 2022 by Saurenergy Mayank Jain, Director, Crayon Motors, began his career at the organisation in 2019. Under his leadership, he steered the EV start-up company into a direction that makes it one of the fastest-growing EV firms in less than two years. Even though he had the option to pursue MBA from the esteemed IE Business School after […] Read more
WB E-Vehicle Plans Stumped by Shortage of Lithium-ion Batteries Updated On Mon, Feb 7th, 2022 by Saurenergy The high dependence on imported lithium ion batteries (cells) is taking a toll on the vehicle industry that looks for a quick and quality transition from fossil fuel based to electricity mode. This time the Transport Minister of West Bengal – Firhad Hakim – has said that the state is not able to expand its […] Read more
Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff Updated On Mon, Jan 3rd, 2022 by Saurenergy In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
Efforts by the EV Sector to Save the World’s Environment From Massive Carbon Emissions Caused by Vehicles Updated On Wed, Aug 11th, 2021 by Saurenergy Global emissions were around 23 billion metric tons before the turn of the century, currently, they had risen to 36.44 billion metric tons, a new high. Every year, billion tons of greenhouse gases are released into the atmosphere which is trapping heat and raising global temperatures. The only way to avoid all of these severe […] Read more
How The Pandemic Hastened Move To Last-Mile Delivery Through EV In India Updated On Mon, May 31st, 2021 by Saurenergy Introduction The sudden and rapid increase in the demand for e-commerce in recent years has been a catalyst for the surge in last-mile services countrywide. The surge in COVID-19 cases all across the world and growth in the numbers of online shopping has pushed the importance of last-mile to the forefront of the overall supply […] Read more
Electric Vehicles to Cost Less Than ICE Vehicles in EU by 2027: Report Updated On Tue, May 11th, 2021 by Saurenergy Electric Vehicles will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest Electric Vehicles and vans will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest, according to a new BloombergNEF study commissioned by Transport & […] Read more
