Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030 Updated On Thu, Aug 12th, 2021 by Saurenergy Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […] Read more
Battery Startup Log 9 Materials Raises $5 million from Amara Raja Batteries Updated On Mon, Aug 9th, 2021 by Saurenergy Bengaluru-headquartered advanced battery-tech Log 9 Materials has announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), one of India’s largest manufacturers of industrial and automotive batteries. The deal involves an investment of $5 Million from Amara Raja Batteries during its ongoing Series A+ funding round. For ARBL, the investment follows the announcement of […] Read more
Tesla Postpones Semi Truck To 2022, Shows A Profit On Battery and Solar Updated On Tue, Jul 27th, 2021 by Saurenergy EV Poster firm, Tesla has just announced its second quarter (Q2) quarterly results. The firm, with an oversized presence and impact in the EV segment has shared some key metrics for its solar and energy storage business this time. In fact, even as it has postponed the launch of its electric trucks, the Semi Truck […] Read more
EV Startup Grevol Partners With CATL for Li-ion Battery Packs Updated On Tue, Jul 20th, 2021 by Saurenergy Grevol has partnered with China’s CATL for Li-ion battery packs for its upcoming electric cargo. Green Evolve Private Limited (Grevol) is an Indian electric mobility startup, founded in 2019, which manufactures and finances EVs. New Delhi-based Grevol has announced the launch of their cutting-edge lithium battery packs, created for their soon-to-be-launched electric three-wheeler (E3W) (L5N […] Read more
TES Agrees on Deal for 10,000 sqm Battery Recycling Facility in Europe Updated On Mon, Jul 12th, 2021 by Saurenergy Singapore-based provider of sustainable technology lifecycle and IT services, TES has announced it has agreed to a deal that secures the future of a 10,000 square meter lithium battery recycling facility in the Port Of Rotterdam, Europe’s largest seaport. The facility, strategically located adjacent to the waterways of the Port of Rotterdam and with an […] Read more
Gujarat Tenders For 16,417 Battery Operated Two & Three Wheelers Updated On Mon, Jun 14th, 2021 by Saurenergy The Gujarat Energy Development Agency (GEDA) has invited EOI (Expression of Interest) for Authorization of Manufacturers for marketing & distribution of battery-operated, low Speed & high-speed Two and Three-Wheelers with Lithium-Ion battery, under Gujarat’s GEDA BOV scheme. GEDA has invited separate EOIs for battery-operated 11000 two-wheelers and 5,417 three-wheelers (E-rickshaw) under the subsidy for the year […] Read more
Forsee Power Starts Light EV Battery Production In India Updated On Mon, Jun 7th, 2021 by Saurenergy European multinational producer of smart lithium-ion electric vehicle (EV) battery systems, Forsee Power, that entered the Indian market in 2020, has begun the production of a series of EV batteries for electric two and three-wheelers at its Pune plant. As a manufacturer and supplier of energy management systems in Europe, Asia, and North America, Forsee […] Read more
Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage Updated On Fri, May 14th, 2021 by Saurenergy IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
