Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs Updated On Fri, Nov 4th, 2022 by Saurenergy The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […] Read more
Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
Rising EV: The State Of EV Sector In India Updated On Wed, Oct 19th, 2022 by Saurenergy India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […] Read more
UP Govt Announces Range of Incentives for EVs and Batteries Manufacturing Updated On Tue, Oct 18th, 2022 by Saurenergy Uttar Pradesh doesn’t just want to be a consumption state anymore, but a producer also, especially when it comes to industry. The state government, in an announcement on a range of incentives to encourage EV and battery manufacturers to consider the state for plants, has announced that the first two integrated EV and ultra-mega battery […] Read more
IoT-Enabled E-Vehicles Can Boost Digital India Scheme Updated On Fri, Oct 14th, 2022 by Saurenergy By Nitin Kapoor, Managing Director of Saera Electric Auto For India to maintain its responsibility towards the Sustainable Development Goals (SDGs), steady penetration of electric vehicles and a proportionate decline in the sale of Internal Combustion Engine (ICE) vehicles is imperative. While the demand for green transportation is gradually growing, there are certain challenges that […] Read more
Three Wheels United Forays into Two-Wheeler EV Financing Updated On Thu, Oct 13th, 2022 by Saurenergy Bengaluru-headquartered fintech firm for EV financing, Three Wheels United (TWU) has forayed into two-wheeler EV financing. TWU plans to finance 2000 two-wheelers in Delhi NCR and Karnataka during the next six months. Established in 2017 by Cedrick Tandong, Kevin Wervenbos, and Apurv Mehra, TWU is focused on simplifying finance for the adoption of EVs in […] Read more
Battery Swapping Technology to Transform India’s EV Industry in 2023 Updated On Thu, Oct 13th, 2022 by Saurenergy Ankit Mittal, Co-Founder & CEO, Sheru India’s EV industry has grown rapidly in the recent past, especially in the 2-wheeler and 3- wheeler segments. Comprising just 2% of all 2-wheeler sales at the beginning of 2022, sales of e-2-wheelers were more than 5% of total sales in September. The 3-wheeler segment has seen even […] Read more
Mahindra Works With Jio-bp To Strengthen EV Push Updated On Thu, Oct 13th, 2022 by Saurenergy India’s leading SUV manufacturer, Mahindra & Mahindra (M&M), and the joint venture firm of Reliance Industries Limited (RIL) and bp, Jio-bp are strengthening their current partnership to build out reliable charging infrastructure for Mahindra’s upcoming electric SUV launches. Mahindra’s moves in this regards were keenly watched as rival and current EV market leader in four […] Read more
Launch Of Vida V1: Hero Motocorp Officially Enters EV Updated On Mon, Oct 10th, 2022 by Saurenergy India’s largest two-wheeler manufacturer, Hero Motocorp, has finally entered the electric vehicle market with the launch of its pioneer in the sector, Hero Vida V1. Hero launched its first EV model V1 electric scooter at a starting ex-showroom price of Rs 1,45,000 under its new brand Vida on October 7. The scooter comes in two […] Read more
