Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility Updated On Fri, Nov 11th, 2022 by Saurenergy Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […] Read more
Ioniq 5: India’s First Global Battery Electric Platform from Hyundai Updated On Fri, Nov 11th, 2022 by Saurenergy Hyundai Motors India, the second largest auto seller in India, continues to firm up its EV plans for the country. With the release of its future model, the Ioniq 5, which is scheduled to make its world debut at the Auto Expo in January of next year, Hyundai Motor India said that it will bring […] Read more
Erisha E Mobility in JV with German Partner Greenbox for Green Hydrogen Business Updated On Thu, Nov 10th, 2022 by Saurenergy Erisha E Mobility, an entity of Rana Group, that envisions manufacturing, distributes, and exports electric vehicles segment and hydrogen fuel cell buses, has entered into a Joint Venture with German partner Greenbox Global Holding (Greenbox), incorporating Erisha Hydrogen India Private Limited. What the JV offers The JV aims to offer solutions for sustainable energy production, […] Read more
Vivek Reddy Joins Telangana’s BikeWo as Co-Founder & CEO Updated On Wed, Nov 9th, 2022 by Saurenergy BikeWo, an electric two-wheeler brand with headquarters in Telangana, recently announced the appointment of Vivek Reddy as Co-Founder & CEO. Vivek has a wealth of experience in the infrastructure, energy, and environmental sectors. He has participated in the negotiation of several strategic agreements for large-scale renewable and non-renewable projects, both domestically in India and abroad […] Read more
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
DIAL Plans to Use More Electric Vehicles to Cut Pollution Updated On Fri, Oct 28th, 2022 by Saurenergy To reduce carbon emissions in the airport environment, DIAL, the operator of Delhi International Airport Limited, recently said that 57 electric vehicles had been deployed and more similar vehicles will be used soon by it. According to a release, the Delhi International Airport Ltd (DIAL) has started the adoption of electric cars and plans to […] 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
