UP, Maharashtra & Karnataka Drive 40% of India’s EV Sales Updated On Fri, Jan 10th, 2025 by Saurenergy In a defining moment for India’s electric mobility revolution, electric vehicle (EV) sales soared to 19 lakh units in 2024, marking a 19% increase over 2023, according to the International Council on Clean Transportation (ICCT) report. This was accompanied by a record expansion of 25,202 public charging stations nationwide. These achievements align with the PM Electric […] Read more
UltraTech To Deploy Electric Trucks For Its Logistic Operations Updated On Mon, Nov 18th, 2024 by Saurenergy Indian cement and ready-mix company UltraTech Cement Limited has announced that it is scaling up the use of Electric Vehicles (EV trucks) for the movement of materials and products in its logistics operations. The company has signed a new transport service contract for the deployment of about 100 electric vehicles (EV Trucks) for the transportation […] Read more
EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
MOOEV Secures Rs. 40 Million Seed Funding Led By Bizdateup Updated On Wed, Nov 6th, 2024 by Saurenergy MOOEV Technologies, an electric vehicle (EV) startup focusing on heavy-duty transportation sector, raised Rs. 40 million in a seed funding round led by Mumbai-based Bizdateup. This funding round included investors like Inflection Point Ventures and Spectrum Impact (Aarti Industries Family Office), to accelerate the electric heavy-duty trucks deployment across India and aims to establish charging […] Read more
PHEVs Step Up: CATL’s Freevoy Super Hybrid Battery Updated On Tue, Oct 29th, 2024 by Saurenergy China’s CATL, the world’s largest EV battery manufacturer, recently unveiled its groundbreaking Freevoy Super Hybrid Battery, aiming to catalyse the capabilities of hybrid vehicles, such as Plug In Hybrid Vehicles (PHEVs). The Chinese battery maker is calling Freevoy the first hybrid battery to achieve an all-electric range of over 400 km (250 miles) with 4C […] Read more
Anant Badjatya Becomes CEO Of SUN Mobility-IOCL JV Updated On Fri, Oct 11th, 2024 by Saurenergy SUN Mobility-IOCL recently appointed Anant Badjatya as the new Chief Executive Officer (CEO) of its newly formed joint venture, Indofast Swap Energy Pvt. Ltd. Anant Badjatya, former Chief Executive Officer (CEO) – SUN Mobility, has taken the reins of Indofast with immediate effect. This step follows the deal signed by IOCL and SUN Mobility in […] Read more
iRasus Technologies Raises Over Rs. 4cr In Seed Round Updated On Wed, Oct 9th, 2024 by Saurenergy iRasus Technologies, an analytics and intelligence provider on battery data for users in the electric mobility and stationary battery storage solutions raised over Rs. 4 crores in its seed round. It has raised the funding in its seed round from IAN Group and others to provide data intelligence and generate insights on battery storage solutions […] Read more
JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha Updated On Tue, Sep 17th, 2024 by Saurenergy The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […] Read more
No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme Updated On Thu, Sep 12th, 2024 by Saurenergy The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […] Read more
