EV Batteries in 5% GST Bracket to Support Faster Adoption Updated On Tue, Jul 5th, 2022 by Saurenergy The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […] Read more
The Top 5: If Picking An EV Truck, Make It One OF These Updated On Tue, Jun 28th, 2022 by Saurenergy Electric mobility has emerged as the most promising alternative to conventional ICE vehicles. The global automotive market is pushing for electric mobility at record rates The electric vehicle is clearly influencing two-wheeler and four-wheeler markets while having already made a significant impact on three-wheelers. Similarly, EV pickup trucks has also not remained a novel concept […] Read more
Battery Swapping Primer: A Viable Alternative to Charging Stations Updated On Mon, Jun 27th, 2022 by Saurenergy Battery swapping can be a game-changer, bringing the world a few steps closer to electric vehicles. It has the potential to enhance the attractiveness of electric mobility by addressing both the early market purchase price disparities with conventional vehicles and, importantly, the recharging time challenges of electric vehicles (EVs). A swap station offers a fully […] Read more
EV Tech Start-up Matter Closes US$ 10 million Round Updated On Fri, Jun 24th, 2022 by Saurenergy Ahmedabad based Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, has raised an initial US$ 10 million in its latest round of funding. The round drew interest from a diverse set of investors including Capital 2B, a technology fund backed by Infoedge, Climate Angels Fund, and other marquee Indian […] Read more
EVs Buying Costs To Be At Par With Petrol Vehicles In A Year, Says Nitin Gadkari Updated On Mon, Jun 20th, 2022 by Saurenergy The Union Minister for Road Transport and Highways, Nitin Gadkari has expressed the hope in an event that the prices of all electric vehicles (EVs) are going to be equal to the cost of petrol vehicles in India in the coming one year. The premise behind the comment from the Union Minister is that, as […] Read more
Nunam Will Deploy The Used Batteries of Audi In E-Rickshaw Updated On Fri, Jun 17th, 2022 by Saurenergy Indo-German startup Nunam has found a way to recycle and use the used batteries of luxury car Audi. A press release by the startup on June 15 claimed that the recycled batteries of Audi will be used as a pilot project in the e-rickshaws already mainstreaming the commuting system for the office goers particularly across […] Read more
Disruptive Tech Trends Transforming The Shape Of EV Industry Updated On Tue, Jun 14th, 2022 by Saurenergy In 2020, before the pandemic shook up the world, especially the Indian automotive industry, electric vehicles were moving steadily into the spotlight. The total annual sales of different types of electric vehicles such as battery electric vehicles and hybrid electric vehicles in the year 2019 crossed over the two-million-vehicle mark. But even due to the […] Read more
EV Awareness Portal Launched By Karnataka Govt, NITI Aayog, UK government Updated On Tue, Jun 14th, 2022 by Saurenergy Karnataka has launched ‘EV Jagruthi’, an awareness portal for electric vehicles that will help faster adoption and a cleaner transport sector in the southern state. The portal was inaugurated by Sunil Kumar, Karnataka Minister of Energy, and Alex Ellis, British High Commissioner to India. It was also informed that the portal was jointly developed by […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more