Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
Ultraviolette to Open New Manufacturing Facility in Bangalore Updated On Wed, Sep 8th, 2021 by Saurenergy Mobility solutions provider Ultraviolette is setting-up its manufacturing and assembling facility near Electronics City, Bangalore. The production of its high performance electric motorcycle, the F77, will begin in Q1 2022 and the first batch of motorcycles will be rolled out in the market in March 2022, said the firm. Spread over 70,000 square feet and […] Read more
Odisha EV Policy 2021: Targets 20% EV Registrations by Mid-decade Updated On Tue, Aug 31st, 2021 by Saurenergy The Odisha Government has released the Electric Vehicle (EV) Policy, 2021, which aims to accelerate the adoption of EVs, especially in the category of electric two-wheelers (E2W), three-wheelers (E3W), and light motor vehicles (E4W). The Government of India has adopted a National Electric Mobility Plan to cut its emission intensity by 35% below levels by […] Read more
“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables Updated On Mon, Aug 30th, 2021 by Saurenergy As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […] Read more
Japan to Recycle Solar Modules Using Blockchain Tech Updated On Wed, Aug 25th, 2021 by Saurenergy Solar PV manufacturer Next Energy and trading and investment business conglomerate Marubeni are partnering to recycle used solar panels using blockchain technology, as part of a programme supported by Japan’s Ministry of the Environment. Mitsubishi Research Institute will also assist the two companies in developing and demonstrating the potential of blockchain in reporting and recording information […] Read more
US Firm Li-Cycle to Make its Debut on NYSE on August 11 Updated On Wed, Aug 11th, 2021 by Saurenergy US firm Li-Cycle Holdings Corp. has announced that its shares will begin trading on the New York Stock Exchange on August 11, 2021, as a result of the company’s completion of its business combination with Peridot Acquisition Corp, a blank check company. The ticker symbols for the common stock and warrants of Peridot will change from […] Read more
Hyundai Partners with UL for Safe Deployment of Second Life BESS Updated On Fri, Aug 6th, 2021 by Saurenergy The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […] Read more
EV Startup Toutche Expands Its Operations In UK & EU Regions Updated On Wed, Aug 4th, 2021 by Saurenergy Indian electric bike (e-bike) start-up, Toutche Plans expansion into new markets and dynamic growth plans overseas. Along with continuing to grow its presence in India, Toutche Electric today announced that it is working on expanding its geographic footprint worldwide, with growth expected in the UK & EU regions. Further gaining its ground in the global […] Read more
Lohum Plans Integrated Li-Ion Unit f 3 GWh/3000 MWh At Gr. Noida Facility Updated On Wed, Jul 28th, 2021 by Saurenergy LOHUM, positioned as the world’s leading integrated lithium-ion battery player, has announced that it will set-up 3GWh capacity single-location integrated Li-ion battery manufacturing and recycling factory in Greater Noida, Uttar Pradesh within the next 18 months. The integrated factory will have the battery manufacturing capacity of 1 GWh/ 1,000 MWh and 2GWh/ 2,000 MWh of […] Read more
