In Last 1530 Days, Revfin Financed 11 Electric Vehicles Daily Updated On Tue, Mar 28th, 2023 by Saurenergy EV finance firm Revfin says that it has financed over 17,118 electric vehicles in the last 51 months. This means, in the last 1530 days Revfin financed 11 electric vehicles everyday. These vehicles are plying in over 200 cities across 16 states of India. The firm has already contributed to reduction of 30486 metric ton […] Read more
The Top 5: Electric Motorcycles in India in 2023 Updated On Tue, Mar 21st, 2023 by Saurenergy Electric vehicles started competing with conventional fossil fuel-run vehicles in the last few years. The year 2022 was a significant year for EVs, as it saw the addition of over 10 million new BEVs and PHEVs to the global EV fleet, a 55 percent increase from 2021. Just like many other major economies, India too […] Read more
Electric Vehicle Growth Continues: Outlook for 2023 Updated On Wed, Feb 22nd, 2023 by Saurenergy Electric vehicles (EVs) registered a market disrupting growth through the last decade, more so in the last few years. Clean mobility technology remains one of the most important aspects of energy transition across the globe. The year 2022 was a significant year for EVs, and the expectations are that the trend will continue in 2023. […] Read more
Himachal Sets Precedent for Others by Switching Official Fleet to Electric Vehicles Updated On Mon, Feb 20th, 2023 by Saurenergy The Himachal state department of transport has become the first in India to switch its complete fleet of official diesel and petrol vehicles to electric vehicles. The government is looking to use electric vehicles for all of its departments in a the time span of a year. These will be based on sustainability and will […] Read more
AutoNxt Automation Unveils Self-Driven E-Tractor at Chandigarh Electric Vehicle Expo Updated On Wed, Feb 15th, 2023 by Saurenergy AutoNxt Automation, which claims to be India’s first electric tractor venture, showcased its self-driving Electric Tractor at Chandigarh Electric Vehicle Expo held recently. PHD Chamber of Commerce and Industry (PHDCCI) organized the electric vehicle expo at sector 34 exhibition ground at Chandigarh. The firm will soon launch, what it calls India’s first electric, autonomous (self-driving) […] Read more
Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding Updated On Fri, Feb 10th, 2023 by Saurenergy Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […] Read more
Zypp Electric Lands $25m Series B Round Updated On Thu, Feb 9th, 2023 by Saurenergy B2B delivery and shared mobility startup, Zypp Electric has raised $25 million in a Series B round led by Taiwan-based battery-swapping platform Gogoro. This is the first funding round for the Gurgaon-based company in 2023. The fundraise is a mix of $20 million equity and $5 million of debt funding. The round also saw participation […] Read more
JV Forged Between Delhi’s Omega Seiki Mobility & USA’s Li-Ion Cell Manufacturer iM3NY Updated On Mon, Jan 30th, 2023 by Saurenergy Omega Seiki Mobility (OSM), a part of the Anglian Omega Group has announced a joint venture with iM3NY, a prominent battery technology player in the US. The JV will pave the way to bring battery cell technology in the Indian market- a first such from the subcontinent, the firms claim. OSM had previously signed a […] Read more
Saera Electric Auto Enters into Vehicle-Financing Tie-up with AMU Leasing Updated On Fri, Jan 20th, 2023 by Saurenergy Electric vehicle maker Saera Electric Auto Private Limited (SEAPL) has entered into a vehicle financing contract with non-banking financial company (NBFC), AMU Leasing Pvt. Ltd (ALPL). The agreement paves the way for the customers of SEAPL looking to buy electric vehicles to avail financing options from ALPL. Manufacturers have been seeking tie-ups to speed up […] Read more
