EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
Audi Opens First EV Charging Hub Outside Europe In Tokyo Updated On Tue, Apr 30th, 2024 by Saurenergy Audi has opened its firm EV charging hub outside Europe in Japan’s capital Tokyo. The EV charging hub will enable drivers of electric cars of all brands to charge at four fast-charging points, each with up to 150 kilowatts (kW) – an excellent figure for charging power in Japan. Thanks to a buffer storage unit, […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet Updated On Tue, Apr 23rd, 2024 by Saurenergy Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […] Read more
Lack Of Incentives Keep EVs Unaffordable In Europe, Says ACEA Updated On Mon, Apr 15th, 2024 by Saurenergy The latest data from the European Automobile Manufacturers Association (ACEA) shared that affordability concerns are the major cause that hampers market uptake for electric vehicles (EVs). Despite European Union (EU) legislative efforts to reduce CO2 emissions from vehicles, a lack of initiatives at both EU and national levels prevents acceleration in market uptake of electric […] Read more
MG Motor Partners With Adani Gas To Setup EV Charging Stations Updated On Mon, Apr 8th, 2024 by Saurenergy Adani Gas inked a memorandum of understanding (MoU) with MG Motor India regarding electric vehicle (EV) charging infrastructure under which ATEL plans to install CC2 60 kW DC chargers at future MG dealerships. It plans to additionally offer “a comprehensive solution encompassing supply, installation, commissioning, operations, and maintenance of charging infrastructure.” According to the statement, […] Read more
Coal Behind Rise, CO2 Emissions Increases In 2023; Throttled By Clean Energy: IEA Updated On Tue, Mar 19th, 2024 by Saurenergy Total energy-related CO2 emissions increased by 1.1% in 2023. Far from falling rapidly – as is required to meet the global climate goals set out in the Paris Agreement – CO2 emissions reached a new record high of 37.4 Gt in 2023, according to the latest report by the International Energy Agency (IEA). The 1.1% […] Read more
Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF Updated On Thu, Feb 22nd, 2024 by Saurenergy The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […] Read more
France Slashes EV Subsidies By 20% For High Income Earners: Report Updated On Fri, Feb 16th, 2024 by Saurenergy The French government slashed subsidies on electric vehicles for the top 50 percent of high-income earners earlier this week. The aim behind this move by Paris is to control budget-related issues and manage expenditures for promoting electric and hybrid vehicle adoption. Therefore, the France government has reduced the subsidy by 20 percent. Under this new […] Read more