IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
Quantum Energy Partners With BatterySmart For 2-3 Wheeler EV Charging Updated On Wed, Feb 28th, 2024 by Saurenergy Electric two-wheeler manufacturer Quantum Energy has announced that it has come into an alliance with a battery-swapping network Battery Smart with an aim to cater to two and three-wheeler electric vehicles. As per the official release by the firm, this collaboration aims to leverage Battery Smart’s extensive network of over 900 swap stations across 25+ […] Read more
Yuma Energy Completes 10 Million Battery Swaps Within A Year Updated On Wed, Feb 7th, 2024 by Saurenergy Bengaluru-based Yuma Energy has developed over 125 battery swapping stations across 5 major metros and averaged 800,000 swaps every month. Battery-as-a-service (BaaS) company, Yuma Energy, a joint venture between Magna and Yulu, has announced, the completion of 10 million lifetime battery swaps in its first year of operations. The company began operations in February 2023 […] Read more
BatX’s Strong Network Aided In Boosting Battery Recycling: Vikrant Singh Updated On Thu, Jan 25th, 2024 by Saurenergy How did BatX Energies’ start its journey of recycling Lithium-ion batteries? During one of our projects on making electric cars, we realized the importance of Lithium-ion batteries. The cost of making the car was around, and we were surprised to know that the cost of a Lithium-ion battery was almost the same. As India depends […] Read more
ARENQ Working To Develop 3-Wheeler EVs With Swapping Facilities: VG Anil, CEO Updated On Thu, Jan 25th, 2024 by Saurenergy How has the firm’s journey been since it started its operations? We started our operations in 2021. Our journey was both challenging and rewarding. We’ve successfully positioned ourselves as India’s most trusted battery supplier, which is a notable achievement in a short time. Initially, we faced significant hurdles in recruiting skilled engineers and sourcing high-quality […] Read more
ARENQ Partners with DE Power to Distribute EV chargers, Swapping Stations Updated On Tue, Jan 16th, 2024 by Saurenergy ARENQ, a manufacturer of energy storage batteries, partnered with DE Power, an Asian company specialized in Electric Vehicles (EV) charging solutions, as the exclusive distributor of latter’s chargers and swapping stations across India. “This collaboration marks a significant milestone in our commitment to revolutionize India’s electric mobility landscape. ARENQ is dedicated to empowering sustainable transportation […] Read more
RACE Energy & LOHUM Join Forces for Sustainable EV Battery Recycling Updated On Tue, Oct 17th, 2023 by Saurenergy RACE Energy, a deep-tech electric vehicle (EV) infrastructure company for battery swapping, today announced a strategic partnership with LOHUM, a producer of sustainable energy transition materials via recycling, repurposing, and refining, to tackle EV battery waste and identify second life use applications. Aligning with the mandate under EPR (Extended Producer Responsibility) guidelines for responsible battery […] Read more
Chargeup Introduces Solar Battery Swap Station in Jaipur Updated On Wed, Jul 19th, 2023 by Saurenergy Chargeup, a provider of battery swapping network, has announced the launch of a solarized battery swapping station. The firm claims that this is a first-of-its-kind in India. The pilot project for the battery swapping station, launched in Jaipur, is owned and operated by Chargeup. The solarized battery swapping station has the ability to handle the […] Read more
Battery Smart Raises $33 Million In Pre-Series B Funding Updated On Thu, Jul 6th, 2023 by Saurenergy EV Battery swapping network builder Battery Smart has announced a $33 million fund raise in its Pre-Series B funding. The firm plans to use the funds to expand its geographic footprint and acquire more users. The latest funding round saw Battery Smart’s existing investors, Tiger Global and Blume Ventures, as well as new investors participate. […] Read more
