Electric Bus Market to Grow at 13.9% CAGR Through Policies & Incentives Updated On Fri, Jun 25th, 2021 by Saurenergy The worldwide shift towards sustainable mobility has compelled the governments to bring green policies to eliminate carbon emissions and incentivize electric vehicles (EVs) for faster adoption all across the world. A recent analysis by Frost & Sullivan finds that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing […] Read more
DHI Increases Incentives for Electric Two Wheelers Under FAME II Updated On Mon, Jun 14th, 2021 by Saurenergy In a constant push towards dynamic electric vehicle (EV) adoption in the country, the Department of Heavy Industries (DHI) has brought up some partial modifications in the FAME II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II). DHI has increased the demand incentives by 50 percent for the electric two-wheeler (E2Ws). Hence, […] Read more
National Grid’s EV Road Trip Includes $200 Million for EV Charging Updated On Fri, Jun 4th, 2021 by Saurenergy National Grid multinational electricity and gas utility company headquartered in England, serving through its networks in New York, Massachusetts, and Rhode Island, has revealed its new EV (electric vehicle) Road Trip. This new EV road trip emerged as a part of Grid’s constant efforts to raise awareness around the location of charging infrastructure and accelerate […] Read more
Include Hydrogen Fuel Cell EVs in FAME-II: Delhi HC Directs DHI Updated On Wed, May 19th, 2021 by Saurenergy The Delhi High Court today ordered the Department of Heavy Industries to acknowledge including Hydrogen Fuel Cell electric vehicles (EVs) and Hydrogen refueling infrastructure under Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme. Fuel Cell India, an initiative dedicated to promoting Renewable and Hydrogen Energy & Fuel Cells in India has […] Read more
Global EV Market To Reach $802.75 Billion By 2028: Report Updated On Tue, May 18th, 2021 by Saurenergy A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […] Read more
“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge Updated On Tue, May 18th, 2021 by Saurenergy Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
EVs Covers 1.3% of Vehicle Sales in India in FY 20-21 Updated On Wed, May 5th, 2021 by Saurenergy Increasing domestic EV manufacturing is making India Atmanirbhar and positively impacting the Trade Deficit of India. Electric Vehicle (EV) adoption and hence its manufacturing has been the prime focus of our country for a few years now. The central and state governments are bringing new policies and incentives every year so far. According to a […] Read more
Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021 Updated On Mon, May 3rd, 2021 by Saurenergy At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […] Read more
