Lectrix EV to Supply Electric 2Ws to ZEVO Mobility Updated On Fri, Jun 14th, 2024 by Saurenergy Lectrix EV and ZEVO, a major player in the electric mobility space, have signed a strategic cooperation. Lectrix EV is a member of the SAR Group, which has been on the market for more than 30 years and is known for consumer names including Livpure and Livguard. The company has six R&D sites and works […] Read more
Revfin Inks Deal With Sun Mobility For EV Financing Updated On Wed, Mar 20th, 2024 by Saurenergy Electric Vehicle maker SUN Mobility and Revfin have collaborated to offering innovative financing solutions for fleet and passenger vehicles utilizing SUN Mobility’s Battery-as-a-Service (BaaS) model. Revfin will finance two-wheelers for fleet business and three-wheelers for cargo and passenger vehicle segments. SUN Mobility also plans to deploy almost 100k of these vehicles under the BaaS model, […] Read more
BUDGET: EV Sector Pins Hopes On FAME-3, Tax Revisions Updated On Thu, Feb 1st, 2024 by Saurenergy With the expected culmination of the FAME-II scheme, Electric Vehicle (EV) manufacturers, battery makers and charging infrastructure developers have pinned hopes on the Union Budget 2024. The most awaited decision is on the likely announcement of the rollout of FAME-III with revised norms. The grapevine had it that the budget could turn the focus on […] Read more
EVIFY Raises $1.3 Million From Piper Serica Angel Fund Updated On Thu, Jan 11th, 2024 by Saurenergy EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round. The startup, EVIFY […] Read more
Gogoro, Uber Eats Tie-up To Boost Electric Mobility In Taiwan Updated On Tue, Dec 19th, 2023 by Saurenergy Taiwan-based battery swapping company Gogoro and Uber Eats Taiwan announced a Green Delivery Program to make it easier and more affordable for Uber Eats delivery partners to switch to electric scooters. The two-year partnership is worth nearly US$30 million. Both the firms will fund the initiative. Delivery partners will receive discounts on new Gogoro Smartscooters […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
Omega Seiki Mobility Partners with Honda Power Pack Energy India for Swappable Batteries Updated On Mon, Oct 23rd, 2023 by Saurenergy Mobility solutions provider Omega Seiki Mobility Private Limited has joined hands with Honda Power Pack Energy India Private Limited for swappable battery technology. Honda Power Pack Energy is an arm of Honda Motor Co., Ltd. Under the partnership, Honda Power Pack Energy will be responsible for supplying Omega Seiki Mobility with swappable batteries. A network […] Read more
Renewables and EVs: Myths and Reality Updated On Wed, Aug 16th, 2023 by Saurenergy There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […] Read more
The market’s evolution should not solely rely on subsidies: Manish Chugh, Co-founder & Director of Aponyx Electric Vehicles Updated On Thu, Aug 3rd, 2023 by Saurenergy Aponyx, an electric vehicle manufacturer, was founded in 2017 at IME Manesar, Gurugram, Haryana. The founders focused on embracing the opportunity to demonstrate innovations in the electronics and electrical sectors. As technology advanced and various electrical appliances were introduced to the market, the company manufactured and serviced various electronic equipment and appliances including all reputed […] Read more