Navigating the Evolving Green Mobility Landscape Post FAME-II Subsidy Reduction Updated On Thu, Aug 17th, 2023 by Saurenergy The Indian electric vehicle (EV) industry has witnessed significant growth and transformation in recent years, propelled by government initiatives like the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. However, the recent reduction in FAME-II subsidies has sparked discussions and raised questions about the impact on original equipment manufacturers (OEMs) and the overall green […] Read more
Modi Government To Stump Up A Share Of Rs 20,000 Cr for 10,000 E Buses Updated On Thu, Aug 17th, 2023 by Saurenergy The Union government has pushed out a scheme to accelerate adoption of electric buses across 100 key cities in India. These cities, with a minimum population of 3 lac people or more, will cover all capital cities of hill states, North East States and Union Territories. Cities lacking transport infrastructure will be at the front […] Read more
Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
Servotech Signs MoU with UP Govt for EV Charger Manufacturing Plant in Uttar Pradesh Updated On Mon, Aug 14th, 2023 by Saurenergy EV charger manufacturer Servotech Power Systems Ltd. has signed an MoU with the Government of Uttar Pradesh to set up an EV charger manufacturing plant in the state along with backward integration. The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by […] Read more
Hyundai Plans To Launch Five EV Models In India By 2032 Updated On Wed, Aug 9th, 2023 by Saurenergy South Korean car manufacturer Hyundai Motor Group has planned to launch five electric car models in India by the end of 2032. It also planned to increase its charging infrastructure in the country to boost electric mobility in the country, the company said in a statement. The company revealed the information during the visit of […] Read more
CESL May Cancel Tender For E-Buses Due To Poor Response Updated On Tue, Aug 8th, 2023 by Saurenergy The Convergence Energy Services Limited (CESL) is now reportedly mulling to cancel its earlier tender, issued in January 2023 for 4,675 electric buses (e-buses). This is apparently due to the poor response from the major Original Equipment Manufacturers (OEMs) towards the tender. The tender was issued under the dry lease tender mode against the popular […] 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
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
BPCL & Ather Join Hands to Expand EV Network Updated On Mon, Jul 31st, 2023 by Saurenergy Bharat Petroleum Corporation Limited (BPCL) and two-wheeler electric manufacturer Ather Energy have joined forces to expand the EV network in India. The partnership paves the way for Ather Energy to get access to BPCL’s network of more than 21,000 fuel stations in India, making it possible for Ather to install fast-charging Grid. India’s largest EV […] Read more