From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022 Updated On Thu, Jul 28th, 2022 by Saurenergy California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […] Read more
Germany To Reduce Electric Car Subsidies Starting Next Year Updated On Thu, Jul 28th, 2022 by Saurenergy In a major move, Germany’s Economy Ministry has announced that the government will reduce the subsidies or financial incentives on the purchase of electric cars from next year. This is a result of an agreement reached between the coalition partners. It is being said that rising adoption of EVs has already made the government subsidies […] Read more
Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association Updated On Thu, Jul 28th, 2022 by Saurenergy According to a report from the American Clean Power Association (ACPA), a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […] Read more
eBikeGo To Establish Manufacturing Plant For Domestic, Global Market Updated On Mon, Jul 25th, 2022 by Saurenergy The electric two-wheeler mobility platform eBikeGo has announced its plans to expand footprint beyond the shores. Popular brands like Muvi and Velocipedo of eBikeGo will make their presence felt in a new market outside of India when the new manufacturing plant begins to produce electric bikes through subsidiary arm, Vajram Electric. Not just powertrain, but […] Read more
Volkswagen Creates Charging Station Made with Used EV Batteries Updated On Mon, Jul 25th, 2022 by Saurenergy Volkswagen has said that it has commissioned its first battery energy storage facility in Germany with reused modules from the pre-production of the Volkswagen ID.3 and ID.4. This has come at a time when the electric vehicle charging infrastructure has become central to the growth of the EV sector across the globe and countries, including […] Read more
Ather Energy Rolls Out Ather 450X Scooter Updated On Wed, Jul 20th, 2022 by Saurenergy Electric vehicle major Ather Energy recently rolled out the new avatar of its flagship scooter Ather 450x with a bigger battery, new tyres, software changes at Rs 155,657 ex-showroom in Bengaluru. The flagship model has contributed to about 80% of sales of the company promising even more with bigger battery which will run to real-life […] Read more
Global Energy Perspective Year 2022 by McKinsey Updated On Wed, Jul 20th, 2022 by Saurenergy Mckinsey & Company has released its study on Global Energy Perspective 2022. In this Global Energy Perspective 2022 report, Mckinsey & Company gave detailed information about Net Zero carbon emissions & other goal of more than 60 countries. Additionally, 60% of Fortune 500 corporations pledge to meet these decarbonization targets. The global energy revolution is […] Read more
Lack of Financing Options The Biggest Drag On faster EV Adoption In India Updated On Wed, Jul 20th, 2022 by Saurenergy Headquartered in Hyderabad, Etrio is a key player in cargo EV OEM sector, committed to leading cargo fleet electrification. Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio, began his career at in Wall Street at Intel Corporation to later assume investment banking roles at JP Morgan in New York. After he moved back to India […] Read more
Strategy Analytics Says Solid-State Batteries In EV Sector To Experience Delays Updated On Wed, Jul 20th, 2022 by Saurenergy A latest report by Strategy Analytics Electric Vehicle Service (EVS) has revealed that there will be delays in deployments in solid-state batteries in electric vehicles. The timeline may be pushed up to 2030. The report called, ‘Can Solid-State Batteries Reach Mass Production?’ has come against the backdrop of the recent announcements from solid-state battery manufacturers […] Read more
