Taiwan’s Gogoro Inc Partners with Hero MotoCorp to Enter EV Market Updated On Fri, Nov 4th, 2022 by Saurenergy Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in India’s rapidly developing EV market. According to the company’s chairman and CEO, Horace Luke “The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from […] Read more
PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022 Updated On Mon, Oct 31st, 2022 by Saurenergy As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […] Read more
Shadowfax and Mooving Join Forces to Hasten EV Adoption Updated On Thu, Oct 13th, 2022 by Saurenergy Battery swapping business Mooving as shared an update on its partnership with delivery service provider Shadowfax from Bengaluru. Part of these ongoing initiatives is to make sure that its technology, which is driven by Smart Battery Swapping, enables the mass market transition to EVs. According to both companies, rider partners can now easily subscribe to […] Read more
First Integrated Solar Charging Station Installed by CESL in Ladakh Updated On Tue, Oct 11th, 2022 by Saurenergy The Ladakh region now has an electric vehicle charging station (Solar Charging Station) established by the government-owned company Convergence Energy Services Ltd (CESL). CESL, a wholly owned subsidiary of Energy Efficiency Services Ltd (EESL) under the Ministry of Power, has established a first-of-its-kind solar-powered charging plaza for electric vehicles in the Ladakh region. The integrated […] Read more
Shining Bright. India’s Solar Start Ups Updated On Fri, Sep 30th, 2022 by Saurenergy When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […] Read more
EV Startup Yulu Secures $82 Mn in Series B Round Updated On Mon, Sep 12th, 2022 by Saurenergy Bengaluru’s electric mobility startup Yulu has secured $82 million in equity funding, which was led by USA’s Magna International in a Series B funding round. The funding round saw participation from investors, which also included Bajaj Auto Limited. Notably, Yulu boasts of a strategic partnership with Bajaj Auto and the two companies have been working […] Read more
Okaya EV & Amazon India In Partnership Updated On Mon, Sep 5th, 2022 by Saurenergy Okaya Electric Vehicles, India’s reputed electric vehicle brand, offering an end-to-end EV solution from electric vehicles to EV charging and battery swapping solution, has announced partnership with global e-commerce leader – Amazon to bring Okaya EVs to the doorsteps of millions of customers. For the first time in India, Amazon has introduced an exclusive “vehicle” […] Read more
Lith Pwr Mobility Partners With Tork Motors, Japanese OEM For e-Three Wheelers Updated On Wed, Aug 24th, 2022 by Saurenergy Thane-based electric vehicle start-up Lith Pwr Mobility has partnered with Tork Motors and Honda Power Pack Energy India to launch a brand new version of electric three-wheeler named ‘ePRO.’ Honda Power Pack Energy India is a subsidiary of Japan’s Honda Motor Company while Tork Motors is an electric vehicle and charging infrastructure manufacturing start-up. The […] Read more
Charging Infrastructure: The Backbone That is Driving a Transformation Updated On Thu, Aug 18th, 2022 by Saurenergy By Varun Goenka With global oil prices skyrocketing and petrol and diesel costs going up almost on a daily basis, there is an urgent need to switch over to a more sustainable energy option. Recognizing this, the Indian government has been actively trying to promote the use of electric vehicles (EVs). The Centre and several […] Read more