VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant Updated On Mon, Jan 8th, 2024 by Saurenergy VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […] Read more
Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network Updated On Tue, Dec 26th, 2023 by Saurenergy Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised […] Read more
Motovolt, German Firm Swobbee In Tie-up For Battery Swapping Stations Updated On Wed, Dec 20th, 2023 by Saurenergy Motovolt Mobility Pvt. Ltd, an e-mobility brand, has collaborated with German climate-tech firm Swobbee to establish 200 battery swapping stations across India within the next 24 months. This partnership aims to address the challenges associated with electric vehicles (EVs), with a primary focus on battery charging time, cost, and life to elevate the overall user […] Read more
LOHUM Partners with UAE Govt for Kingdom’s First EV Battery Recycling Plant Updated On Wed, Dec 13th, 2023 by Saurenergy LOHUM Cleantech, a producer of sustainable energy transition materials, has announced expansion into the UAE market to build the UAE’s first EV battery recycling plant through a partnership agreement with the Ministry of Energy & Infrastructure, UAE, and BEEAH, the Middle East’s sustainability and digitalisation firm. The partnership comes in light of UAE’s COP28 agenda […] Read more
US-India Energy Storage Task Force Commences Operations Updated On Tue, Dec 12th, 2023 by Saurenergy The United States (US)-India Energy Storage Task Force, first announced in October 2022 Ministerial meeting of the US-India Strategic Clean Energy Partnership (SCEP) held between Indian Minister of Petroleum and Natural Gas, Hardeep Singh Puri and US Energy Secretary Jennifer Granholm, commenced operations today. The public-private US-India Energy Storage Task Force (ESTF) was established by […] Read more
Kia Partners With 5 EV Charging Firms To Boost Charging Infrastructure Updated On Wed, Dec 6th, 2023 by Saurenergy Automotive company Kia India has now partnered with five electric vehicle (EV) charging station operators to boost charging infrastructure for its customers. The new partnership allows the Kia and other EV consumers to easily locate these charging stations across the country with their dedicated mobile app and get relief from the range anxieties. The company […] Read more
Waaree Technologies In MoU With 3DBattery For Advanced Energy Storage Solutions Updated On Thu, Nov 30th, 2023 by Saurenergy Waaree Technologies Ltd. (WTL), the energy storage division of the Waaree Group, has announced that it has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology. The Parties will evaluate the collaboration further before entering into definitive […] Read more
Servotech Adds 2,649 EV Chargers Order from BPCL Updated On Thu, Nov 23rd, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […] Read more
CEA Propagates the Idea of Vehicle to Grid Updated On Wed, Nov 8th, 2023 by Saurenergy In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […] Read more
